About Placio
Placio was a Travel & Hospitality company based in Noida (India) founded in 2016. Platform for booking verified student housing near universities worldwide. It operates on a D2C and B2C model in Travel & Hospitality and Financial Services sectors. 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 was last valued at $2.42 million in February 2019. Its Indian entity Rental Stay Private Limited reported revenue of ₹7 Lakh. The company is recorded as dissolved. Placio offers products and services including Amber App and Referral Program. Its focus areas include Real Estate Tech, Student Housing, Accommodation Booking and University Proximity. Its competitors include Your-space, Good Host Spaces and EzStays; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Noida, India
- Stage Minicorn
- SectorsTravel & HospitalityFinancial Services
- Website placio.in
- Social X Facebook
- Legal Name Rental Stay Private Limited
- Date of Incorporation 08 Mar, 2016
- Jurisdiction Noida, Uttar Pradesh, India
- Annual Revenue₹7 Lakh
FY 2020 · -98% YoY
- Net Loss-₹1.52 Cr
FY 2020 · -2159% margin
- EBITDA-₹1.04 Cr
FY 2020 · -1471% margin
- Total Equity Funding$2.63M (USD)
in 4 rounds
- Latest Funding Round$546.21K (USD), Seed
Feb 2019
- InvestorsSatin Creditcare
& 12 more
- Investments & Acquisitions
Associated legal entities of Placio
Placio operates through Rental Stay Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rental Stay Private Limited CIN U74120UP2016PTC077027 | Active | 08 Mar 2016 | Noida, Uttar Pradesh | ₹0.1 Cr | 8 | 2 | View details |
Products & Services of Placio
Placio offers a comprehensive portfolio of products and services, including Amber App and Referral Program.
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 $2.63M
- Total Rounds 4
- Last Round Seed — $546,208
- First Round $37,371
(Mar 2016)
- Investors Count 13
All 4 funding rounds of Placio 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 |
|---|---|---|---|---|---|
| Feb 2019 | $546,208 | Seed | $2.42M | Harvinder Pal Singh, Shikora Investment | |
| Jul 2018 | $50,000 | Seed | – | – | – |
| Feb 2018 | $2M | Seed | – | Prestellar Ventures | |
| Mar 2016 | $37,371 | Angel Round | $414,150 | Dinesh Jain | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2019 | $2.42M | •••••••• |
Last known valuation $2.42M (Feb 2019). 13 investors in total: 7 institutional and 6 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
PE firm investing in Asia and the Middle East | 2017 | prestellarventures.com | Singapore, Singapore | |
Market research, wealth management, and consulting services are provided. | longviewresearch.in | Noida, India | ||
Delivers comprehensive business consulting and startup services. | 2013 | apextend.com | Gurugram, India | |
| bxap.com | ||||
Design and build services for retail, interiors, and signages in India. | 2012 | satinneodimensions.com | Gurugram, India | |
Micro loans for businesses are offered by this NBFC. | 1990 | satincreditcare.com | Delhi, India | |
AK Atim Kabra | Angel investor, founder of FrontRow, focused on edtech and consumer tech | unknown_24eb17ff2d18418ba | ||
HP Harvinder Pal Singh | unknown_991cbf6a835b4aa2a | |||
IS Ishan Singh | Angel investor, Co-founder of Chakr Innovation, focused on cleantech solutions | unknown_6f11329500804fa48 | ||
SY Sasanka Yellamanchali | Co-founder of 1mg, active angel investor in Indian startups | unknown_642820e346d5485ea |
Investor details for Placio
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Rental Stay Private Limited (Placio)
Rental Stay Private Limited is the primary company behind Placio. The board of Rental Stay Private Limited currently have 2 directors; the longest-serving is Inder Bansal, appointed in 2024. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Inder Bansal DIN 00005426 | Director | 05 Apr 2024 | 2 yrs 6 mo | Rental Stay Private Limited |
| Ramesh Kumar Goyal DIN 00149338 | Director | 05 Apr 2024 | 2 yrs 6 mo | Rental Stay Private Limited |
People of Placio
1 people are tracked at Placio (1 in leadership).
| Name | Role | Group |
|---|---|---|
Rohit Pateria | Co-founder & CEO | Leadership |
Complete people profiles for Placio
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Financials of Placio
Figures of Rental Stay Private Limited, the primary company behind Placio, for FY 2020. Revenue was ₹7 Lakh (-98% year on year). Net loss was -₹1.52 Cr (-2159% margin). EBITDA was -₹1.04 Cr (-1471% margin). Revenue has grown at a compounded annual rate of +67% over three years.
- ₹7 LakhRevenue · FY 2020 · -98% YoY
- -₹1.52 CrNet loss · -2159% margin
- -₹1.04 CrEBITDA · -1471% margin
- ₹54 LakhPaid-up capital
- 8Employees (provident fund records)
- +67%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Rental Stay Private Limited are on its company page.
Detailed financial statements for Placio
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Placio
Placio has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Paco Meals.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Meal services are provided via an online platform in India. | pacomeals.com | Noida, India | 2016 | Jul 2018 | •••• |
Complete acquisition details for Placio
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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Verified entity values are shown only after access is granted.
Timeline of Placio
5 dated milestones of Placio across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Placio is founded.
- Funding First funding round of $37K.
- Acquisition Acquires Paco Meals.
- Funding Latest funding round, Seed, of $546K.
- Milestone Reaches Minicorn status.
Competitors of Placio
Placio has 3 listed competitors in our database, 3 of them funded. They include Your-space, Good Host Spaces and EzStays.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| your-space.in | 2016 | Delhi, India | $22.17M | 443 | Co-living accommodations including hostels and PGs are provided for students. | |
| goodhostspaces.com | 2005 | Jaipur, India | $20.7M | 57 | Student housing and recreational facilities are developed for educational institutions. | |
| ezstays.in | 2019 | Noida, India | $1.82M | 34 | Shared student accommodations are provided in India. |
Detailed competitors of Placio
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Shared Accommodation
3 companies that operate in the same segment as Placio (Shared Accommodation) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operates an online marketplace for finding shared accommodations and flatmates. | 2019 | Gurugram, Haryana, India | USD 34.47 K | USD 0.19 | ||
WudStay provides an online platform for booking PG and hostel accommodations tailored to students and travelers. | 2015 | Gurugram, Haryana, India | USD 3 M | USD 117.41 K | ||
Alternative housing solutions and food services for millennials and professionals in India. | 2021 | Bengaluru, Karnataka, India | USD 2.01 M | 54 |
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Related news about Placio
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Frequently Asked Questions about Placio
Placio was founded in 2016.
Placio is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
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 Angel Round of $37.37K, raised on Mar 2016.
The primary company behind Placio, Rental Stay Private Limited, reported revenue of ₹7 Lakh for FY 2020, down 98% year on year.
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.
Placio's top competitors include Your-space, Good Host Spaces and EzStays.
Placio offers Amber App and Referral Program.
Placio has made 1 acquisition, including Paco Meals.
Placio has 13 investors. Key investors include Satin Creditcare, Prestellar Ventures, Satin Neo Dimensions, Apextend, and Longview Research & Advisory Services.
The valuation of Placio is $2.42M as of Feb 2019.
Placio operates through Rental Stay Private Limited.
The legal entities of Placio currently have 2 directors, including Inder Bansal, Ramesh Kumar Goyal.