StayVista, a leading platform for villa rentals, has raised Rs 40 crore in a new funding round led by JSW Ventures, with participation from existing investors DSG Consumer Partners and Capri Global Family Office.
The company will use the capital to grow its operations, strengthen its workforce, and further improve the overall customer experience, according to an official announcement from StayVista.
Operations and Mission
Founded in 2019 by Ankita Sheth, Amit Damani, and Pranav Maheshwari, StayVista offers carefully selected luxury villas for rent. Most of these are privately owned second homes turned into exclusive vacation stays.
With over 1,000 villas in 85 destinations, the platform has served more than 1 million customers to date. It aims to make villa travel a mainstream choice in India by providing unique and comfortable alternatives to hotels.
Leadership and Growth
JSW Ventures Managing Partner Sachin Tagra said the firm sees strong potential in StayVista’s model and market position. He called it the leading player in a growing segment of alternative accommodations.
StayVista co-founder Pranav Maheshwari added that the company wants to become India’s top villa hospitality brand and the first choice for travelers seeking unique vacation homes.
Market Trends Rise
The Indian vacation rental market is currently worth $22.3 billion and is expected to grow 9% annually to reach $34.1 billion by 2029. The shift toward work-from-anywhere lifestyles and higher disposable incomes is driving this demand.
StayVista’s business model offers a double benefit, it allows property owners to earn from their unused homes while giving travelers a memorable and exclusive stay experience.
VC Focus and Future
JSW Ventures typically invests in early-stage startups that use technology to solve real-world problems. Their portfolio includes businesses in sectors like healthtech, agritech, fintech, and enterprise AI.
With this funding, StayVista is positioned to deepen its presence in India’s premium travel space and create more personalized and tech-powered hospitality experiences for a new generation of Indian travelers.
