Luxury, personalization, and community — these aren’t just buzzwords for StayVista, but the foundation of a startup that’s quietly reimagining travel experiences across India.
Mumbai-based StayVista, a premium villa and homestay rental platform, has raised ₹40 crore (~$4.6 million) in a Series B round led by JSW Ventures, with participation from existing backers DSG Consumer Partners and Capri Global Family Office.
This round brings StayVista’s total funding to over $12 million since its inception in 2015. The latest capital infusion will be used to expand into new geographies, strengthen internal teams, and enhance supply-side services — all in a bid to make luxury vacation rentals more seamless for travelers and profitable for property owners.
Founded by Ankita Sheth, Amit Damani, and Pranav Maheshwari, StayVista connects travelers to handpicked villas, bungalows, and cottages — think serene mountain escapes and sunlit coastal stays, all with a touch of hospitality magic.
But this isn’t just another listing platform. StayVista works in both B2C and B2B segments — offering direct-to-consumer stays and, behind the scenes, providing property management and maintenance services to owners.
In FY24, the company clocked a 23.17% jump in revenue to ₹14.03 crore and reduced net losses by 29.22%, showing clear signs of a business maturing in a competitive space.
Now operating in over 85 destinations with more than 1,000 properties, StayVista has already hosted over 1 million guests. It competes with high-end rental platforms such as Elivaas, Le Collectionist, and Edge Retreats.
“This funding round is a reflection of our commitment to scaling thoughtfully, without compromising on the experience we offer,” the founders noted in a joint statement.
As Indian travelers increasingly seek curated and luxurious experiences over generic stays, StayVista’s playbook — rooted in quality, hospitality, and tech-driven services — might just be what the market has been waiting for.
-By Muskan Dengra|Indian Startup Times
