StayVista, considered one of India’s largest luxury villa rental platforms, has raised INR 40 crore in its newest funding spherical. The funding was led by JSW Ventures, with continued backing from DSG Consumer Partners, which has supported the corporate since 2016.
Based in 2015, the Mumbai-based firm affords entry to a curated community of greater than 1,000 totally serviced villas throughout over 50 Indian leisure locations, together with Lonavala, Goa, Alibaug, and Coorg. StayVista claims to have hosted over a million friends thus far, with rising demand from each household teams and company travellers in search of personal lodging choices.
The newly secured capital will probably be used to develop StayVista’s nationwide footprint, spend money on expertise, and strengthen its crew. A key focus will probably be enhancing buyer expertise and supporting villa homeowners with property administration instruments and demand forecasting.
“The concept behind StayVista has all the time been to make group getaways extra significant. With this funding, we’re doubling down on our imaginative and prescient of constructing belief within the various lodging area,” mentioned Tushar Agrawal, Co-founder of StayVista.
The contemporary funding comes at a time when India’s journey panorama is shifting in direction of extra personal and experiential stays, with shoppers more and more preferring villas over conventional lodges. Post-pandemic travel trends have solely accelerated this transition, with platforms like StayVista benefiting from the urge for food for secluded, premium lodging choices.
Kartik Prabhakara, Accomplice at JSW Ventures, mentioned, “StayVista’s tech-driven strategy and robust model presence within the luxurious villa section give it a transparent edge. We’re excited to help them as they construct a category-defining model.”
DSG Shopper Companions, which has beforehand backed manufacturers like OYO and Veeba, reaffirmed its dedication to StayVista’s long-term development within the Indian leisure travel market.
StayVista’s transfer displays a broader development of capital flowing into premium, experience-driven journey companies in India, with traders betting on sustained demand past metros and conventional vacation hubs.
