
About Pajasa
Pajasa is a Travel & Hospitality company based in Mumbai (India) founded in 2013 by Paras Sangwan. It offers serviced apartments with amenities for corporate and leisure travelers globally. It operates on a B2B and D2C model. Its chief executive, as recorded, is Paras Sangwan. Its Indian entity Pajasa Stay Solutions Private Limited reported revenue of βΉ2.80 Cr. Pajasa offers products and services including Service Apartments, Airbnb Management, Fractional Investment, and Guest House Management. Its focus areas include Hospitality, Accommodation Tech, Serviced Apartments and Corporate Housing. Its competitors include ELIVAAS, Delta Corp and The Leela Palaces Hotels and Resorts; 1 of its 3 listed competitors has raised funding.
Company details
PAJASA Apartments operates as a provider of fully furnished serviced apartments, offering hotel-like services such as housekeeping, Wi-Fi, and breakfast in cities like Mumbai and Pune. It caters to business travelers, corporates, and leisure visitors through cost-effective rentals and secure environments. The company manages properties in India and international locations, focusing on privacy and space for extended stays, while emphasizing proximity to business districts and modern amenities.
- Headquarters Mumbai, India
- Founders Paras Sangwan
- SectorsTravel & Hospitality
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website pajasaapartments.com
- Social X Facebook
- Legal Name Pajasa Stay Solutions Pvt Ltd
- Date of Incorporation 16 Jul, 2014
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹2.80 Cr
FY 2024 · +316% YoY
- Net Profit₹5.8 Lakh
FY 2024 · 2% margin
- EBITDA₹7.5 Lakh
FY 2024 · 3% margin
Associated legal entities of Pajasa
Pajasa operates through Pajasa Stay Solutions 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 |
|---|---|---|---|---|---|---|---|
| Pajasa Stay Solutions Private Limited CIN U63000MH2014PTC256085 | Active | 16 Jul 2014 | Mumbai, Maharashtra | ₹2.8 Cr | 2 | View details |
Products & Services of Pajasa
Pajasa offers a comprehensive portfolio of products and services, including Service Apartments, Airbnb Management, Fractional Investment, and Guest House Management.
Fully furnished apartments for short-term stays with hotel amenities
Services for managing short-term rental listings and operations
Options for partial property ownership in serviced apartments
Handling operations for corporate guest houses and rentals
Board of directors of Pajasa Stay Solutions Private Limited (Pajasa)
Pajasa Stay Solutions Private Limited is the primary company behind Pajasa. The board of Pajasa Stay Solutions Private Limited currently have 2 directors; the longest-serving is Paras Sangwan, appointed in 2014. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Paras Sangwan DIN 06715718 | Director | 16 Jul 2014 | 12 yrs 3 mo | Pajasa Stay Solutions Private Limited |
| Jaivir Singh DIN 06866607 | Director | 16 Jul 2014 | 12 yrs 3 mo | Pajasa Stay Solutions Private Limited |
People of Pajasa
1 people are tracked at Pajasa (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for Pajasa
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- Full employee list
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Financials of Pajasa
Figures of Pajasa Stay Solutions Private Limited, the primary company behind Pajasa, for FY 2024. Revenue was ₹2.80 Cr (+316% year on year). Net profit was ₹5.8 Lakh (2% margin). EBITDA was ₹7.5 Lakh (3% margin). Revenue has grown at a compounded annual rate of +475% over three years and +7% over five years.
- ₹2.80 CrRevenue · FY 2024 · +316% YoY
- ₹5.8 LakhNet profit · 2% margin
- ₹7.5 LakhEBITDA · 3% margin
- ₹1 LakhPaid-up capital
- +475%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Pajasa Stay Solutions Private Limited are on its company page.
Detailed financial statements for Pajasa
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.
Competitors of Pajasa
Pajasa has 3 listed competitors in our database, 1 of them funded. They include ELIVAAS, Delta Corp and The Leela Palaces Hotels and Resorts.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| elivaas.com | 2023 | Gurugram, India | $18.45M | 307 | Luxury vacation homes are provided via an online rental marketplace. | |
| deltacorp.in | 1990 | Mumbai, India | 2,021 | Gaming & hospitality firm | ||
| theleela.com | 1986 | Mumbai, India | 66 | 5-star luxury hotels in India are owned and operated. |
Detailed competitors of Pajasa
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Pajasa
Websites that share an audience with Pajasa (pajasaapartments.com).
Websites whose visitors overlap most with Pajasa. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| thesqua.re | 100% | 71.8K | #522,811 | View details | |
| trustedstay.com | 84% | 2.5K | View details | ||
| rentmystay.com | 51% | 91.4K | #370,104 | View details |
Top companies in Alternative Accommodation
3 companies that operate in the same segment as Pajasa (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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Frequently Asked Questions about Pajasa
Pajasa was founded in 2013.
Pajasa is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Paras Sangwan is the CEO of Pajasa, as recorded in our data. They have also founded this company.
The primary company behind Pajasa, Pajasa Stay Solutions Private Limited, reported revenue of βΉ2.80 Cr for FY 2024, up 316% year on year.
PAJASA Apartments operates as a provider of fully furnished serviced apartments, offering hotel-like services such as housekeeping, Wi-Fi, and breakfast in cities like Mumbai and Pune. It caters to business travelers, corporates, and leisure visitors through cost-effective rentals and secure environments. The company manages properties in India and international locations, focusing on privacy and space for extended stays, while emphasizing proximity to business districts and modern amenities.
Pajasa's top competitors include ELIVAAS, The Leela Palaces Hotels and Resorts and Delta Corp.
Pajasa offers Service Apartments, Airbnb Management, Fractional Investment, and Guest House Management.
Pajasa operates through Pajasa Stay Solutions Private Limited.
The legal entities of Pajasa currently have 2 directors, including Paras Sangwan, Jaivir Singh.