StayVista, a villa rental platform headquartered in Mumbai, has raised over ₹40 crore in a Series B funding round. The investment was led by JSW Ventures, with continued backing from existing investors DSG Consumer Partners and Capri Global Family Office.
The company plans to utilise the capital to broaden its geographical reach, enhance customer experience, and strengthen operational capacity, including team expansion.
Founded with a focus on the premium travel segment, StayVista currently manages more than 1,000 properties across 85+ locations in India. It operates across three categories — mass premium, premium, and luxury — offering curated services such as bespoke food and beverage options, event planning, concierge services, and more.
The company states that over one million guests have booked stays through its platform to date.
StayVista aims to streamline the vacation rental experience through technology-driven solutions. The platform enables seamless bookings for travellers while offering homeowners tools for property management, operations tracking, and revenue optimisation.
India's vacation rental sector is experiencing notable growth, attributed to increasing disposable incomes and evolving work routines. The broader vacation rental market in India is estimated at $22.3 billion, projected to reach $34.1 billion in the next few years, growing at a CAGR of 9%. Within this space, holiday home rentals — currently valued at $2.1 billion — represent the fastest-growing segment with a CAGR of 13.5%.
Speaking on the development, Pranav Maheshwari, Co-Founder of StayVista, said the company has achieved key milestones, including turning profitable and scaling to over 1,000 luxury homes. “These milestones reflect the trust homeowners and guests have placed in us,” he noted.
Sachin Tagra, Managing Partner at JSW Ventures, highlighted a shift in consumer behaviour towards alternate accommodations over traditional hotels. “StayVista is positioned to benefit from this transition due to its focus on standardisation, technology, and customer-first approach,” he said.
JSW Ventures invests in early-stage startups with a technology-led approach, particularly across consumer tech, healthtech, agritech, fintech, and SaaS verticals. Its portfolio includes companies such as Purplle, HomeLane, and HealthPlix.
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By Proptechbuzz
By Ravi Kumar