Pajasa

Mumbai, India Founded: 2013 • Age: 13 yrs
Offers serviced apartments with amenities for corporate and leisure travelers globally.

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 β‚Ή2.80 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
  • Sectors
    Travel & Hospitality
  • Email
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  • Phone
    β€’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
Key Metrics
  • 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

Products & Services of Pajasa

Pajasa offers a comprehensive portfolio of products and services, including Service Apartments, Airbnb Management, Fractional Investment, and Guest House Management.

Service Apartments
Accommodation

Fully furnished apartments for short-term stays with hotel amenities

Airbnb Management
Property Management

Services for managing short-term rental listings and operations

Fractional Investment
Investment Services

Options for partial property ownership in serviced apartments

Guest House Management
Hospitality Management

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.

DirectorDesignationAppointedTenureEntity
Paras Sangwan
DIN 06715718
Director16 Jul 201412 yrs 3 moPajasa Stay Solutions Private Limited
Jaivir Singh
DIN 06866607
Director16 Jul 201412 yrs 3 moPajasa Stay Solutions Private Limited

People of Pajasa

1 people are tracked at Pajasa (1 in leadership).

NameRoleGroup
Founder, CEOLeadership
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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.

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Detailed financial statements for Pajasa

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  • Five-year trends
  • Downloads

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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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
elivaas.com2023Gurugram, India$18.45M307
Luxury vacation homes are provided via an online rental marketplace.
deltacorp.in1990Mumbai, India2,021
Gaming & hospitality firm
theleela.com1986Mumbai, India66
5-star luxury hotels in India are owned and operated.
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Detailed competitors of Pajasa

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of Pajasa

Websites that share an audience with Pajasa (pajasaapartments.com).

Similar websites

Websites whose visitors overlap most with Pajasa. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
thesqua.re
100%
71.8K#522,811View details
trustedstay.com
84%
2.5KView details
rentmystay.com
51%
91.4K#370,104View 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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform for booking hotel rooms on hourly basis in Indian cities for short-term needs.
2020Mumbai, Maharashtra, IndiaUSD 1.74 K
Offers luxurious accommodations including hostels, hotels, and resorts in India.
2015Jaipur, Rajasthan, IndiaUSD 582.33 KUSD 277.18 K49
A branded marketplace for listing and renting furnished flats.
2016Bengaluru, Karnataka, IndiaUSD 1.17 M2
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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 β‚Ή2.80 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.

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