About ICanStay
ICanStay is a company based in Gurugram (India) founded in 2015 by Akshay Soni, Vibha Soni, and Avneet Soni.. ICanStay has raised $946.89 thousand across 3 funding rounds from investors including HT Media, Manoj Prasad and MP Morgan. ICanStay operates in a competitive market with competitors including Design Hotels, YUHI, FABgetaways, Kroozz Innovations and Unseen Royalty, among others.
- Headquarter Gurugram, India
- Founders Akshay Soni, Vibha Soni, Avneet Soni
- 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
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- Legal Name First Time Travellers Limited
- Date of Incorporation 31 Aug, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$3.59 K (USD)228192.31as on Mar 31, 2022
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Net Profit
$-1.72 K (USD)94.94as on Mar 31, 2022
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EBITDA
$813.63 (USD)102.74as on Mar 31, 2022
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Total Equity Funding
$946.89 K (USD)
in 3 rounds
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Latest Funding Round
$199.2 K (USD), Angel Round
Apr 16, 2018
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Investors
HT Media
& 9 more
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Employee Count
Employee Count
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Funding Insights of ICanStay
ICanStay has successfully raised a total of $946.89K across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $199.2 thousand completed in April 2018. 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 3
- Last Round Angel Round — $199,200
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First Round
First Round
(23 Nov 2015)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Angel Round - ICanStay | Valuation | Manoj Prasad |
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| Apr, 2017 | Amount | Seed - ICanStay | Valuation | Manoj Prasad | |
| Nov, 2015 | Amount | Seed - ICanStay | Valuation | Vinay Taparia |
| 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 ICanStay
ICanStay has secured backing from 10 investors, including angel and institutional investors. Prominent investors backing the company include HT Media, Manoj Prasad and MP Morgan. 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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Print, digital, and radio media platforms are operated.
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Founded Year | Domain | Location | |
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Global firm providing strategy, advisory, M&A, and investment services to businesses worldwide.
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Founded Year | Domain | Location | |
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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 ICanStay
| 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 - ICanStay
| 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 |
Icanstay Comparisons
Competitors of ICanStay
ICanStay 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 Design Hotels, YUHI, FABgetaways, Kroozz Innovations and Unseen Royalty, 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 |
Luxury boutique hotels worldwide are discovered via an online platform.
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| domain | founded_year | HQ Location |
Luxurious guest rooms are provided for Japanese expats in India.
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| domain | founded_year | HQ Location |
Exclusive luxury hotel and resort deals are offered to members.
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| domain | founded_year | HQ Location |
Offers luxury hotel services, staycations, and a unified loyalty program.
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| domain | founded_year | HQ Location |
Operates a digital hub for seamless hotel booking and reservations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Icanstay
Frequently Asked Questions about ICanStay
When was ICanStay founded?
ICanStay was founded in 2015.
Where is ICanStay located?
ICanStay is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is ICanStay a funded company?
ICanStay is a funded company, having raised a total of $946.89K across 3 funding rounds to date. The company's 1st funding round was a Seed of $397.64K, raised on Nov 23, 2015.
What is the annual revenue of ICanStay?
Annual revenue of ICanStay is $3.59K as on Mar 31, 2022.
What does ICanStay do?
ICanStay was founded in 2015 in Gurugram, India, as an online platform in the travel and hospitality sector. Vouchers for luxury hotel stays are purchased by users and redeemed at partnered premium hotels listed on the site. Wishlists of desired hotels can also be created by users to receive notifications on availability. Operations focus on facilitating bookings and alerts for premium accommodations.
Who are the top competitors of ICanStay?
ICanStay's top competitors include Design Hotels, YUHI and FABgetaways.
Who are ICanStay's investors?
What is ICanStay's valuation?
The valuation of ICanStay is $6.22M as of Apr 2017.