About FunStay
FunStay is a Travel & Hospitality company based in Gurugram (India) founded in 2015 by Nitin Agrawal. It provides an online platform for searching and booking homestay accommodations during travel. It operates on a B2C model. Its Indian entity Funstay Services Private Limited reported revenue of ₹47.1 Lakh. Its focus areas include Travel and Hospitality, Accommodation, Homestay Booking and Online Platforms. Its competitors include Stayzilla, Tripvillas and OLE ROOMS; 3 of its 3 listed competitors have raised funding.
Company details
FunStay, led by Nitin Agrawal as Founder, specializes in travel and hospitality, accommodation, homestay booking, and online platforms. Provides an online platform for searching and booking homestay accommodations during travel. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
- Headquarters Gurugram, India
- Founders Nitin Agrawal
- SectorsTravel & Hospitality
- Website funstay.in
- Social X Facebook
- Legal Name Funstay Services Private Limited
- Date of Incorporation 27 Nov, 2015
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹47.1 Lakh
FY 2022 · +610% YoY
- Net Loss-₹2.4 Lakh
FY 2022 · -5% margin
- EBITDA-₹2.2 Lakh
FY 2022 · -5% margin
Associated legal entities of FunStay
FunStay operates through Funstay Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Funstay Services Private Limited CIN U74900KA2015PTC084384 | Active | 27 Nov 2015 | Bengaluru, Karnataka | ₹0.5 Cr | 2 | View details |
Board of directors of Funstay Services Private Limited (FunStay)
Funstay Services Private Limited is the primary company behind FunStay. The board of Funstay Services Private Limited currently have 2 directors; the longest-serving is Nitin Agrawal, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nitin Agrawal DIN 07310380 | Director | 27 Nov 2015 | 10 yrs 11 mo | Funstay Services Private Limited |
| Mahim Mehta DIN 07972815 | Director | 13 Nov 2017 | 9 yrs | Funstay Services Private Limited |
People of FunStay
1 people are tracked at FunStay (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for FunStay
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Financials of FunStay
Figures of Funstay Services Private Limited, the primary company behind FunStay, for FY 2022. Revenue was ₹47.1 Lakh (+610% year on year). Net loss was -₹2.4 Lakh (-5% margin). EBITDA was -₹2.2 Lakh (-5% margin). Revenue has grown at a compounded annual rate of +40% over three years and +65% over five years.
- ₹47.1 LakhRevenue · FY 2022 · +610% YoY
- -₹2.4 LakhNet loss · -5% margin
- -₹2.2 LakhEBITDA · -5% margin
- ₹11 LakhPaid-up capital
- +40%Revenue CAGR, 3 years
- +65%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Funstay Services Private Limited are on its company page.
Detailed financial statements for FunStay
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Competitors of FunStay
FunStay has 3 listed competitors in our database, 3 of them funded. They include Stayzilla, Tripvillas and OLE ROOMS.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stayzilla.com | 2005 | Chennai, India | $36.41M | 213 | Homestays are aggregated online for user booking and filtering. | |
| tripvillas.com | 2010 | Bengaluru, India | $4.44M | Vacation rentals and accommodations are facilitated via an online platform. | ||
| olerooms.com | 2018 | Jaipur, India | $313,768 | Online marketplace for booking vacation rentals |
Detailed competitors of FunStay
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Web traffic of FunStay
The website of FunStay (funstay.in) receives about 1.5K visits a month.
- Monthly visits1.5K
▲ 14.9% vs previous month
Top companies in Alternative Accommodation
3 companies that operate in the same segment as FunStay (Alternative Accommodation) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform for booking hotel rooms on hourly basis in Indian cities for short-term needs. | 2020 | Mumbai, Maharashtra, India | USD 1.74 K | |||
Offers luxurious accommodations including hostels, hotels, and resorts in India. | 2015 | Jaipur, Rajasthan, India | USD 582.33 K | USD 277.18 K | 49 | |
A branded marketplace for listing and renting furnished flats. | 2016 | Bengaluru, Karnataka, India | USD 1.17 M | 2 |
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Related news about Funstay
Complete news archive for FunStay
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Frequently Asked Questions about FunStay
FunStay was founded in 2015.
FunStay is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
The primary company behind FunStay, Funstay Services Private Limited, reported revenue of ₹47.1 Lakh for FY 2022, up 610% year on year.
FunStay, led by Nitin Agrawal as Founder, specializes in travel and hospitality, accommodation, homestay booking, and online platforms. Provides an online platform for searching and booking homestay accommodations during travel. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
FunStay's top competitors include Stayzilla, OLE ROOMS and Tripvillas.
FunStay operates through Funstay Services Private Limited.
The legal entities of FunStay currently have 2 directors, including Mahim Mehta, Nitin Agrawal.