Mumbai-Based Hospitality Startup ‘Vista Rooms’ Raises Funding Of Rs 10 Crore
Vista Rooms, a Mumbai-based hospitality brand, has raised Rs 10 crore in funding led by DSG Consumer Partners.
The funding round also saw participation from other investors including CA Holdings, Artha India Ventures and Anand Ladsariya.
Founded by avid travellers Ankita Sheth, Pranav Maheshwari, and Amit Damani in 2015, Vista Rooms is Asia’s largest chain of luxury holiday homes with 500+ Villas across India, and it has a community of 500+ second home-owners and 150,000 travellers.
Talking about the usage of funds, Ankita Sheth said,
” We are currently at a major growth stage, and the funds will enable us to accelerate our pace. We will scale our network of properties to over 1000 within the next 18-24 months. The growth enabled by the funding will be fourfold – launching new locations, building out the team, improving technology and furthering brand awareness.”
Catering to family getaways, friends’ reunions and corporate off-sites, Vista Rooms had previously raised over Rs 5 crore from investors Rajan Anandan, Artha India Ventures, Singapore Angel Network and Singularity Ventures.
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