About OLE ROOMS
OLE ROOMS is a Travel & Hospitality company based in Jaipur (India) founded in 2018 by Devendra Sharma. Online marketplace for booking vacation rentals. OLE ROOMS has raised $313.77 thousand across 1 funding round. Its chief executive, as recorded, is Devendra Sharma. Its Indian entity Imperial Stay Private Limited reported revenue of ₹1.34 Cr. Its focus areas include Consumer, Online Travel, Accommodation and Vacation Rentals. Its competitors include Stayzilla, Tripvillas and HeyHolidays; 3 of its 3 listed competitors have raised funding.
Company details
OLE ROOMS was founded in 2018 in Jaipur, India, as an online marketplace in the travel sector. Vacation rentals are listed by owners and booked by travelers through the platform. Accommodations are selected based on preferences, with details such as traveler information, dates, and group size provided during booking. Operations focus on facilitating connections between property owners and users seeking short-term stays.
- Headquarters Jaipur, India
- Founders Devendra Sharma
- SectorsTravel & Hospitality
- Website olerooms.com
- Social Facebook
- Legal Name Imperial Stay Private Limited
- Date of Incorporation 30 Aug, 2018
- Jurisdiction Jaipur, Rajasthan, India
- Annual Revenue₹1.34 Cr
FY 2024 · +231% YoY
- Net Profit₹40,650
FY 2024 · 0% margin
- EBITDA₹2.8 Lakh
FY 2024 · 2% margin
- Total Equity Funding$313.77K (USD)
in 1 rounds
- Latest Funding Round$313.77K (USD), Angel Round
Sep 2022
Associated legal entities of OLE ROOMS
OLE ROOMS operates through Imperial Stay Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Imperial Stay Private Limited CIN U70109RJ2018PTC062122 | Active | 30 Aug 2018 | Jaipur, Rajasthan | ₹1.3 Cr | 2 | View details |
Funding Insights of OLE ROOMS
OLE ROOMS has successfully raised a total of $313.77K through 1 strategic funding round. The most recent funding activity was a Angel Round of $313.77 thousand completed in September 2022. 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 $313,768
- Total Rounds 1
- Last Round Angel Round — $313,768
- First Round $313,768
(Sep 2022)
All 1 funding rounds of OLE ROOMS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | $313,768 | Angel Round | – | – | – |
Board of directors of Imperial Stay Private Limited (OLE ROOMS)
Imperial Stay Private Limited is the primary company behind OLE ROOMS. The board of Imperial Stay Private Limited currently have 2 directors; the longest-serving is Kanhaiya Lal Sharma, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kanhaiya Lal Sharma DIN 08211196 | Director | 30 Aug 2018 | 8 yrs 2 mo | Imperial Stay Private Limited |
| Devendra Kumar Sharma DIN 08211195 | Director | 30 Aug 2018 | 8 yrs 2 mo | Imperial Stay Private Limited |
People of OLE ROOMS
1 people are tracked at OLE ROOMS (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for OLE ROOMS
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of OLE ROOMS
Figures of Imperial Stay Private Limited, the primary company behind OLE ROOMS, for FY 2024. Revenue was ₹1.34 Cr (+231% year on year). Net profit was ₹40,650 (0% margin). EBITDA was ₹2.8 Lakh (2% margin). Revenue has grown at a compounded annual rate of +94% over three years and +93% over five years.
- ₹1.34 CrRevenue · FY 2024 · +231% YoY
- ₹40,650Net profit · 0% margin
- ₹2.8 LakhEBITDA · 2% margin
- ₹1 LakhPaid-up capital
- +94%Revenue CAGR, 3 years
- +93%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Imperial Stay Private Limited are on its company page.
Detailed financial statements for OLE ROOMS
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of OLE ROOMS
2 dated milestones of OLE ROOMS across 4 years, from founding to its latest funding, stage changes and deals.
- Founded OLE ROOMS is founded.
- Funding First funding round of $314K.
Competitors of OLE ROOMS
OLE ROOMS has 3 listed competitors in our database, 3 of them funded. They include Stayzilla, Tripvillas and HeyHolidays.
| 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. | ||
| heyholidays.com | 2015 | Bengaluru, India | $1.34M | Vacation rentals are booked via an online marketplace platform. |
Detailed competitors of OLE ROOMS
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Online Travel
3 companies that operate in the same segment as OLE ROOMS (Online Travel) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Ole Rooms
Complete news archive for OLE ROOMS
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about OLE ROOMS
OLE ROOMS was founded in 2018 and raised its 1st funding round 4 years after it was founded.
OLE ROOMS is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Devendra Sharma is the CEO of OLE ROOMS, as recorded in our data. They have also founded this company.
OLE ROOMS is a funded company, having raised a total of $313.77K across 1 funding round to date. The company's 1st funding round was a Angel Round of $313.77K, raised on Sep 2022.
The primary company behind OLE ROOMS, Imperial Stay Private Limited, reported revenue of ₹1.34 Cr for FY 2024, up 231% year on year.
OLE ROOMS was founded in 2018 in Jaipur, India, as an online marketplace in the travel sector. Vacation rentals are listed by owners and booked by travelers through the platform. Accommodations are selected based on preferences, with details such as traveler information, dates, and group size provided during booking. Operations focus on facilitating connections between property owners and users seeking short-term stays.
OLE ROOMS's top competitors include Stayzilla, Tripvillas and HeyHolidays.
OLE ROOMS operates through Imperial Stay Private Limited.
The legal entities of OLE ROOMS currently have 2 directors, including Kanhaiya Lal Sharma, Devendra Kumar Sharma.