VC Fund Investments
Proptech startup Elivaas raises $5-M Series A from 3ONE4 Capital
Gurugram-based Elivaas , a villa and luxury apartment management company, has raised USD 5 million in a Series A funding round led by 3ONE4 Capital. The round also saw participation from Peak XV's Surge and angel investors.Founded in 2023 by Ritwik Khare and Karan Miglani, Elivaas' proprietary homeowner app claims to deliver real-time insights on bookings, reviews, and maintenance, while the app streamlines check-in and property management. For guests, the platform offers immersive 3D property tours, AI chatbots, and easy payment options.The new funds will be used for enhancing its proprietary technology platform, expanding market presence, optimising operations, and elevating the experience for homeowners and guests.
In May 2023, Elivaas had raised over USD 2.50 M from Peak XV Partners and others.
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