Myindianstay

Panaji, India Founded: 2011 • Age: 15 yrs
Online portal for travellers to search and book local stays
Annual revenue $25,355 Latest available
Total funding $200,000 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Myindianstay

Myindianstay is a company based in Panaji (India) founded in 2011. Myindianstay has raised $200 thousand across 1 funding round from investors including Edelweiss Finance, Pranav V Parikh and Ankur Sarawagi. Myindianstay operates in a competitive market with competitors including Airbnb, Airbnb, StayVista, Stayzilla and Tripvillas, among others.

  • Headquarter Panaji, India
  • Sectors
    Travel & Hospitality
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Mapoline Travels Solutions Private Limited
  • Date of Incorporation 20 Sep, 2008
  • Jurisdiction Margao, Goa, India
Operational Areas
Travel & Hospitality → Hospitality & Travel Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $25.35 K (USD)
    -23.81
    as on Mar 31, 2017
  • Net Profit
    -$38.03 K (USD)
    73.11
    as on Mar 31, 2017
  • EBITDA
    -$45.57 K (USD)
    65.87
    as on Mar 31, 2017
  • Total Equity Funding
    $200 K (USD)

    in 1 rounds

  • Latest Funding Round
    $200 K (USD), Seed

    Jun 08, 2015

  • Investors
  • Employee Count
    Not available
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Funding Insights of Myindianstay

Myindianstay has successfully raised a total of $200K through 1 strategic funding round. The most recent funding activity was a Seed round of $200 thousand completed in June 2015. 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.

Investors in Myindianstay

Myindianstay has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Edelweiss Finance, Pranav V Parikh and Ankur Sarawagi.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Investment management, SME loans, and insurance services are provided.
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Pranav V Parikh

-
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Ankur Sarawagi

Angel investor and entrepreneur, focused on tech startups in India.
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Investor details for Myindianstay

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Investments & Acquisitions by Myindianstay

Investments
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Investment portfolio details for Myindianstay

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Financial Statements - Myindianstay

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Detailed financials for Myindianstay

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Myindianstay Comparisons

Myindianstay Primary company
Description
Online portal for travellers to search and book local stays
Location
Panaji, India
Founded Year
2011
Annual Revenue
$25.35 K (USD)
Net Profit
-$38.03 K (USD)
EBITDA
-$45.57 K (USD)
Employees
Not available
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Peer comparison for Myindianstay

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Competitors of Myindianstay

Myindianstay 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 Airbnb, Airbnb, StayVista, Stayzilla and Tripvillas, among others.

Company Name Domain Founded year HQ Location Description
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Vacation rentals are booked via an online peer-to-peer platform.
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Vacation rentals are booked via an online peer-to-peer platform.
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Luxury villa rentals are provided for unique vacation stays.
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Homestays are aggregated online for user booking and filtering.
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Vacation rentals and accommodations are facilitated via an online platform.
Locked Locked Locked
Online marketplace for booking vacation rentals
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Detailed competitors of Myindianstay

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Latest news on Myindianstay

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Frequently Asked Questions about Myindianstay

Myindianstay was founded in 2011 and raised its 1st funding round 4 years after it was founded.

Myindianstay is headquartered in Panaji, India. It is registered at Panaji, Goa, India.

Myindianstay is a funded company, having raised a total of $200K across 1 funding round to date.

Annual revenue of Myindianstay is $25.35K as on Mar 31, 2017.

MyIndianStay offers an online portal that enables travellers in India look for home stays online during their itinerary and book it through the platform itself. Users can register on the platform and browse through the properties available for rental along with the location details and photographs of the place. The platform offers filter features for room types, property types, amenities etc or can post their request for a specific location not available on the list. The company also enables users to list their properties to make them available for rentals. Claims to have listed 3000 rooms on the platform. It has 5000 properties on this platform out of which 30 are verified. Raised 200K angel funding from institutional investors.

Myindianstay's top competitors include Airbnb, Airbnb and Stayzilla.

Myindianstay has 4 investors. Key investors include Edelweiss Finance, Pranav V Parikh, Ankur Sarawagi, and Ankur Sarawagi.

The valuation of Myindianstay is $819K as of Jun 2015.

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