About OLE ROOMS
OLE ROOMS is a company based in Jaipur (India) founded in 2018 by Devendra Sharma.. OLE ROOMS has raised $313.77 thousand across 1 funding round. OLE ROOMS operates in a competitive market with competitors including Airbnb, Airbnb, StayVista, Stayzilla and Tripvillas, among others.
- Headquarter Jaipur, India
- Founders Devendra Sharma
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
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- Legal Name Imperial Stay Private Limited
- Date of Incorporation 30 Aug, 2018
- Jurisdiction Jaipur, Rajasthan, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2022
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Net Profit
$0 (USD)0as on Mar 31, 2022
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EBITDA
$0 (USD)0as on Mar 31, 2022
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Total Equity Funding
$313.77 K (USD)
in 1 rounds
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Latest Funding Round
$313.77 K (USD), Angel Round
Sep 23, 2022
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Investors
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Employee Count
Employee Count
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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 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 Total Funding
- Total Rounds 1
- Last Round Angel Round — $313,768
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First Round
First Round
(23 Sep 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Angel Round - OLE ROOMS | Valuation |
investors |
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| 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 |
Investments & Acquisitions by OLE ROOMS
| 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 - OLE ROOMS
| 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 |
Ole Rooms Comparisons
Competitors of OLE ROOMS
OLE ROOMS 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. 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 |
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| domain | founded_year | HQ Location |
Vacation rentals are booked via an online peer-to-peer platform.
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| domain | founded_year | HQ Location |
Vacation rentals are booked via an online peer-to-peer platform.
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| domain | founded_year | HQ Location |
Luxury villa rentals are provided for unique vacation stays.
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| domain | founded_year | HQ Location |
Homestays are aggregated online for user booking and filtering.
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| domain | founded_year | HQ Location |
Vacation rentals and accommodations are facilitated via an online platform.
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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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Frequently Asked Questions about OLE ROOMS
When was OLE ROOMS founded?
OLE ROOMS was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is OLE ROOMS located?
OLE ROOMS is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Who is the current CEO of OLE ROOMS?
Devendra Sharma is the current CEO of OLE ROOMS. They have also founded this company.
Is OLE ROOMS a funded 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 23, 2022.
What does OLE ROOMS do?
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.