About Placio
Placio is a company based in Noida (India) founded in 2016. It operates as a D2C, and B2C. Placio has raised $2.63 million across 4 funding rounds from investors including Satin Creditcare, Prestellar Ventures and Satin Neo Dimensions. Placio has completed 1 acquisition, including Paco Meals. Placio offers products and services including Amber App and Referral Program. Placio operates in a competitive market with competitors including Your-space, Good Host Spaces, UniHomes, iQ Student Accommodation and HYBR, among others.
- Headquarter Noida, India
- Stage Minicorn
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Sectors
Travel & HospitalityFinancial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Rental Stay Private Limited
- Date of Incorporation 08 Mar, 2016
- Jurisdiction Noida, Uttar Pradesh, India
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Annual Revenue
$491.7 K (USD)232.69as on Mar 31, 2019
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Net Profit
$-1.09 M (USD)-640.81as on Mar 31, 2019
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EBITDA
$-1.04 M (USD)-579.48as on Mar 31, 2019
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Total Equity Funding
$2.63 M (USD)
in 4 rounds
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Latest Funding Round
$546.21 K (USD), Seed
Feb 15, 2019
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Investors
Satin Creditcare
& 12 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Placio
Placio offers a comprehensive portfolio of products and services, including Amber App and Referral Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for searching and booking student accommodations globally
Program to earn rewards by referring friends for bookings
Funding Insights of Placio
Placio has successfully raised a total of $2.63M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $546.21 thousand completed in February 2019. 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 4
- Last Round Seed — $546,208
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First Round
First Round
(29 Mar 2016)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2019 | Amount | Seed - Placio | Valuation | Harvinder Pal Singh , Shikora Investment | |
| Jul, 2018 | Amount | Seed - Placio | Valuation |
investors |
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| Feb, 2018 | Amount | Seed - Placio | Valuation | Prestellar Ventures |
| 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 |
Investors in Placio
Placio has secured backing from 13 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Satin Creditcare, Prestellar Ventures and Satin Neo Dimensions. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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PE firm investing in Asia and the Middle East
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Founded Year | Domain | Location | |
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Market research, wealth management, and consulting services are provided.
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Founded Year | Domain | Location | |
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Delivers comprehensive business consulting and startup services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Placio
Placio has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Paco Meals. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Meal services are provided via an online platform in India.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Placio
| 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 |
Placio Comparisons
Competitors of Placio
Placio 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 Your-space, Good Host Spaces, UniHomes, iQ Student Accommodation and HYBR, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Co-living accommodations including hostels and PGs are provided for students.
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| domain | founded_year | HQ Location |
Student housing and recreational facilities are developed for educational institutions.
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| domain | founded_year | HQ Location |
Accommodation discovery for students is facilitated through an online platform.
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| domain | founded_year | HQ Location |
Student co-living accommodations are provided through an online platform.
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| domain | founded_year | HQ Location |
Managed co-living spaces for student accommodation are provided.
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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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Latest news on Placio
Frequently Asked Questions about Placio
When was Placio founded?
Placio was founded in 2016.
Where is Placio located?
Placio is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Is Placio a funded company?
Placio is a funded company, having raised a total of $2.63M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Mar 29, 2016.
What is the annual revenue of Placio?
Annual revenue of Placio is $491.7K as on Mar 31, 2019.
What does Placio do?
Amber is a platform that facilitates easy booking of student accommodations near top universities in various global cities. It provides verified listings, 24x7 assistance, and a lowest price guarantee, helping students search and secure housing efficiently. The service operates in countries like the UK, Australia, and the US, with features like instant bookings and referral programs to enhance user experience. It partners with property providers for seamless processes and ensures all listings are reliable.
Who are the top competitors of Placio?
Placio's top competitors include Your-space, Oxfordcaps and Good Host Spaces.
What products or services does Placio offer?
Placio offers Amber App and Referral Program.
How many acquisitions has Placio made?
Placio has made 1 acquisition, including Paco Meals.
Who are Placio's investors?
Placio has 13 investors. Key investors include Satin Creditcare, Prestellar Ventures, Satin Neo Dimensions, Apextend, and Longview Research & Advisory Services.
What is Placio's valuation?
The valuation of Placio is $2.42M as of Feb 2019.