About QikStay
QikStay is a company based in Gurugram (India) founded in 2015.. QikStay has raised $544.93 thousand across 2 funding rounds from investors including Rajinder Kumar, Suvobroto Sarkar and K S Narayan. QikStay offers products and services including Slot Games, Pragmatic Play Slots, and Joker123 Slots. QikStay operates in a competitive market with competitors including Booking.com, Super, Treebo, OYO and HotelTonight, among others.
- Headquarter Gurugram, India
- Stage Minicorn
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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 Qik Rooms Private Limited
- Date of Incorporation 23 Jul, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$8.62 K (USD)48.61as on Mar 31, 2020
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Net Profit
$-170.76 K (USD)27.05as on Mar 31, 2020
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EBITDA
$-168.92 K (USD)26.65as on Mar 31, 2020
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Total Equity Funding
$544.93 K (USD)
in 2 rounds
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Latest Funding Round
$161.21 K (USD), Seed
Dec 06, 2016
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Investors
Banyan Projects India
& 9 more
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Employee Count
Employee Count
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Products & Services of QikStay
QikStay offers a comprehensive portfolio of products and services, including Slot Games, Pragmatic Play Slots, and Joker123 Slots. 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.
Digital platform for betting on various slot machines
Games like Gates of Olympus for online betting
Platform featuring tembak ikan and other games
Funding Insights of QikStay
QikStay has successfully raised a total of $544.93K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $161.21 thousand completed in December 2016. 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 2
- Last Round Seed — $161,207
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First Round
First Round
(24 Oct 2015)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Seed - QikStay | Valuation | Rajinder Kumar | |
| Oct, 2015 | Amount | Seed - QikStay | Valuation | I.d. Enablers |
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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 |
Investors in QikStay
QikStay has secured backing from 10 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Rajinder Kumar, Suvobroto Sarkar and K S Narayan. 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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Venture capital is extended to companies across various sectors.
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Founded Year | Domain | Location | |
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Engineering consulting services are provided for projects in India.
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Founded Year | Domain | Location | |
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RK
Rajinder Kumar |
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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 QikStay
| 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 - QikStay
| 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 |
Qikstay Comparisons
Competitors of QikStay
QikStay 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 Booking.com, Super, Treebo, OYO and HotelTonight, 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 |
App-based platform for booking multiple categories of accommodations
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| domain | founded_year | HQ Location |
Online platform for discovering and booking hotel accommodations at discounted prices
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| domain | founded_year | HQ Location |
Standardized budget hotels are operated through an online chain.
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| domain | founded_year | HQ Location |
Online marketplace for booking accommodations is operated.
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| domain | founded_year | HQ Location |
Last-minute hotel rooms are booked via a mobile app marketplace.
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| domain | founded_year | HQ Location |
Hotel rooms are booked via an app-based franchising 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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Latest news on Qikstay
Frequently Asked Questions about QikStay
When was QikStay founded?
QikStay was founded in 2015.
Where is QikStay located?
QikStay is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is QikStay a funded company?
QikStay is a funded company, having raised a total of $544.93K across 2 funding rounds to date. The company's 1st funding round was a Seed of $383.72K, raised on Oct 24, 2015.
What is the annual revenue of QikStay?
Annual revenue of QikStay is $8.62K as on Mar 31, 2020.
What does QikStay do?
An asset-light chain of budget hotels was established in 2015 in Gurugram, India, within the hospitality sector. Standardized accommodations are provided across multiple locations. By January 2016, more than 200 hotels encompassing around 3,000 rooms were managed in 50 cities. Seed funding of 250,000 was secured from I.D. Enablers, supporting plans for expansion to 800 additional hotels in new cities.
Who are the top competitors of QikStay?
QikStay's top competitors include Super, OYO and Booking.com.
What products or services does QikStay offer?
QikStay offers Slot Games, Pragmatic Play Slots, and Joker123 Slots.
Who are QikStay's investors?
QikStay has 10 investors. Key investors include Rajinder Kumar, Suvobroto Sarkar, K S Narayan, Venkatesh Kini, and Chandra Verma.
What is QikStay's valuation?
The valuation of QikStay is $2.86M as of Dec 2016.