About ELIVAAS
ELIVAAS is a company based in Gurugram (India) founded in 2023 by Karan Miglani and Ritwik Khare.. ELIVAAS has raised $18.45 million across 4 funding rounds from investors including 3one4 Capital, We Founder Circle and Peak XV Partners. The company has 193 employees as of February 04, 2025. ELIVAAS operates in a competitive market with competitors including Delta Corp, SaffronStays, Four Seasons, The Leela Palaces Hotels and Resorts and The Postcard Hotel, among others.
- Headquarter Gurugram, India
- Employees 193 as on 04 Feb, 2025
- Founders Karan Miglani, Ritwik Khare
- Stage Minicorn
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Sectors
Travel & Hospitality
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ishanee Villas Tech Private Limited
- Date of Incorporation 02 Jan, 2023
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$931.44 K (USD)0as on Mar 31, 2024
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Net Profit
$-1.22 M (USD)0as on Mar 31, 2024
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EBITDA
$-1.19 M (USD)0as on Mar 31, 2024
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Total Equity Funding
$18.45 M (USD)
in 4 rounds
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Latest Funding Round
$10.4 M (USD), Series B
Aug 12, 2025
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Investors
3one4 Capital
& 23 more
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Employee Count
193
as on Feb 04, 2025
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Funding Insights of ELIVAAS
ELIVAAS has successfully raised a total of $18.45M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $10.4 million completed in August 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $10.4M
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First Round
First Round
(11 Apr 2023)
- Investors Count 24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series B - ELIVAAS | Valuation | Vertex Ventures | |
| Sep, 2024 | Amount | Series A - ELIVAAS | Valuation | 3one4 Capital | |
| Apr, 2024 | Amount | Seed - ELIVAAS | Valuation | Kettleborough VC , We Founder Circle |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ELIVAAS
ELIVAAS has secured backing from 24 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include 3one4 Capital, We Founder Circle and Peak XV Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in technology sectors like SaaS and Fintech in India.
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Founded Year | Domain | Location | |
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Venture capital firm investing in startups and providing support programs.
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Founded Year | Domain | Location | |
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Venture capital services and investment in startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ELIVAAS
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ELIVAAS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elivaas Comparisons
Competitors of ELIVAAS
ELIVAAS operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Delta Corp, SaffronStays, Four Seasons, The Leela Palaces Hotels and Resorts and The Postcard Hotel, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Gaming & hospitality firm
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| domain | founded_year | HQ Location |
Online marketplace for booking vacation rentals
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| domain | founded_year | HQ Location |
Upscale hotels, resorts, and residential properties are operated globally.
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| domain | founded_year | HQ Location |
5-star luxury hotels in India are owned and operated.
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| domain | founded_year | HQ Location |
Luxury hotels and spas are owned and operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Elivaas
Frequently Asked Questions about ELIVAAS
When was ELIVAAS founded?
ELIVAAS was founded in 2023.
Where is ELIVAAS located?
ELIVAAS is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of ELIVAAS?
Ritwik Khare is the current CEO of ELIVAAS. They have also founded this company.
Is ELIVAAS a funded company?
ELIVAAS is a funded company, having raised a total of $18.45M across 4 funding rounds to date. The company's 1st funding round was a Seed of $550.18K, raised on Apr 11, 2023.
How many employees does ELIVAAS have?
As of Feb 04, 2025, the latest employee count at ELIVAAS is 193.
What is the annual revenue of ELIVAAS?
Annual revenue of ELIVAAS is $931.44K as on Mar 31, 2024.
What does ELIVAAS do?
ELIVAAS was founded in 2023 in Gurugram, India, as a marketplace for luxury vacation home rentals. Short-term rentals of exclusive properties are facilitated through the platform, where users search and book options for weekend getaways or extended stays. Services for property owners include assistance in monetizing and managing luxury homes. Luxurious villa accommodations are offered across various locations worldwide.
Who are the top competitors of ELIVAAS?
ELIVAAS's top competitors include SaffronStays, Four Seasons and The Leela Palaces Hotels and Resorts.
Who are ELIVAAS's investors?
ELIVAAS has 24 investors. Key investors include 3one4 Capital, We Founder Circle, Peak XV Partners, Vertex Ventures SG, and Kettleborough VC.
What is ELIVAAS's valuation?
The valuation of ELIVAAS is $23.35M as of Sep 2024.
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