VC Fund Investments
Villa rental startup StayVista raises Rs 40-Cr in funding led by DSG Consumer Partners
Luxury villa rental startup StayVista has raised INR 40 crore led by DSG Consumer Partners with participation from Capri Global and CA Holdings. The deal valued the Mumbai-based startup at INR 220 crore. StayVista partners with luxury villa owners and provides them with manpower, operational expertise and marketing through its app and website. Founded by Amit Damani, StayVista operates about 500 villas pan-India and provides an “entire experience†to customers by taking care of food, housekeeping, music, sightseeing and other services. The company focuses on onboarding two categories: getaway destinations and holiday destinations. The funds will be used to expand to 2,500 villas all over the country.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
