StayVista, India’s largest villa rental platform, announced today it has successfully raised over INR 40 crore (approximately $4.8 million USD) in a Series B funding round. The investment was led by JSW Ventures, with continued participation from existing investors DSG Consumer Partners and Capri Global Family Office.
The fresh capital infusion will be strategically deployed to fuel StayVista’s ambitious expansion plans, which include venturing into new geographical markets, strengthening its operational team, and enhancing overall customer experience and supply-side capabilities.
Redefining Vacation Rentals in India
StayVista has carved a niche as India’s preferred villa rental platform, boasting an impressive average rating of 4.7 across more than 30,000 reviews. The company currently manages over 1,000 operational properties spanning 85+ locations across India and has successfully served over 1 million customers to date.
The platform caters to a diverse clientele by offering three distinct property categories: mass premium, premium, and luxury. Beyond just accommodation, StayVista prioritizes a highly personalized and holistic travel experience. This includes customizable food and beverage services, event curation and planning, and dedicated concierge services. The company leverages technology to streamline the entire vacation rental ecosystem, providing guests with a seamless booking experience while empowering property owners with comprehensive tools for property management, operational oversight, and booking optimization.
To ensure consistent quality and a premium experience, StayVista has implemented stringent standard operating procedures (SOPs) that all listed properties must adhere to, covering amenities and maintenance standards. The majority of properties on StayVista’s platform are second homes owned by individuals, creating a mutually beneficial model for both homeowners and travelers.
Capitalizing on India’s Surging Domestic Travel Market
The funding comes at a pivotal time, as India’s domestic travel sector continues to witness significant growth, driven by increasing disposable incomes and the rise of flexible work models. India’s vacation rental market is currently valued at $22.3 billion and is projected to expand at a compound annual growth rate (CAGR) of 9% to reach $34.1 billion by 2029. Within this broader market, the holiday home rental segment is the fastest-growing, standing at $2.1 billion and expanding at a CAGR of 13.5%.
Leadership Perspectives
Pranav Maheshwari, Co-Founder at StayVista, expressed his enthusiasm for the future: “Over the past few years, we have quietly but consistently built a strong foundation for long-term growth. Along the way, we have achieved several meaningful milestones — turning profitable, scaling to over 1,000 luxury homes, and hosting more than a million guests. Each of these achievements is a reflection of the trust our homeowners and guests place in us. As we look ahead, we are excited to build on this momentum and shape StayVista into not just India’s largest villa hospitality brand, but also the largest platform for alternative accommodations in India.”
Sachin Tagra, Managing Partner at JSW Ventures, shared his confidence in StayVista’s potential: “We are seeing a clear shift in preference of travelers from hotels to alternate sources of accommodation. With technology, standardization, and a strong customer-first philosophy, StayVista, being the largest player in this space, has a front-row seat to capitalize on this trend. The founders have built a highly capital-efficient business and we are excited to partner with StayVista as they continue to scale with multiple offerings.”
Exchange rate used: ₹83 = $1 (as of June 2025)
