StayVista, a leading luxury villa and homestay rental startup based in Mumbai, is making significant strides in India’s luxury vacation rental market. The company has recently secured ₹40 crore (approximately $4.6 million) in a Series B funding round led by JSW Ventures. Existing investors, DSG Consumer Partners and Capri Global Family Office, also participated in this round, demonstrating their continued confidence in the platform’s growth potential.
🟢 Key Funding Highlights:
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💰 Funding Raised: ₹40 crore (~$4.6 million)
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🧑💼 Lead Investor: JSW Ventures
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🤝 Other Investors: DSG Consumer Partners, Capri Global Family Office
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📈 Previous Funding: $7.81 million from DSG and others
According to the official press release, the latest capital infusion will be used to:
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Expand operations into new geographies
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Strengthen and scale internal teams
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Enhance supply-side services for villa and homestay partners
About StayVista: Transforming Luxury Stays Across India
Founded in 2015 by Ankita Sheth, Amit Damani, and Pranav Maheshwari, StayVista connects affluent travelers with handpicked vacation homes, including:
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Private villas
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Heritage bungalows
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Scenic cottages
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Curated homestays
The platform is live across more than 85 destinations in India with over 1,000 premium properties, having served 1 million+ guests to date.
🌍 Platform Collaborations:
StayVista leverages strong distribution partnerships with:
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Airbnb
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MakeMyTrip
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Booking.com
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Homes & Villas by Marriott Bonvoy
Business Model & Revenue Growth
StayVista operates in both B2C and B2B segments:
🔹 B2C: Customers can browse and book high-end homes for leisure and short-term stays
🔹 B2B: Property owners are offered:
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End-to-end maintenance services
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Listing support
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Revenue-sharing models
📊 Financial Performance (FY24 vs FY23):
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✅ Revenue Growth: ₹14.03 Cr in FY24, up from ₹11.39 Cr (23.17% increase)
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✅ Reduced Net Loss: ₹82.81 lakh in FY24, down from ₹1.17 Cr (29.22% reduction)
Market Landscape and Competition
The premium vacation rental market is becoming increasingly competitive. StayVista faces growing competition from:
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Elivaas
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Le Collectionist
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Edge Retreats
However, its full-stack offering, curated portfolio, and guest-focused experience position it as a strong brand in the Indian leisure travel segment.
At Innovent Blog, your go-to source for startup updates, we continue to track India’s booming travel-tech and luxury stay ecosystem. StayVista’s latest funding round marks a pivotal step toward redefining how Indians (and global travelers) experience high-end hospitality in unique homes.
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