About SaffronStays
SaffronStays is a company based in Mumbai (India) founded in 2014 by Devendra Parulekar and Tejas Parulekar. SaffronStays has raised $3.86 million across 2 funding rounds from investors including Sixth Sense Ventures and Simi Kumar Chawla. The company has 140 employees as of February 04, 2025. SaffronStays operates in a competitive market with competitors including ELIVAAS, A Break Please and Luxasa, among others.
- Headquarter Mumbai, India
- Employees 140 as on 04 Feb, 2025
- Founders Devendra Parulekar, Tejas Parulekar
- Stage Minicorn
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Sectors
Travel & Hospitality
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Email
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Phone
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Website
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Social
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- Legal Name Saffron Studios Private Limited
- Date of Incorporation 07 May, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$6.68 M (USD)325.94as on Mar 31, 2024
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Net Profit
$83.25 K (USD)114.28as on Mar 31, 2024
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EBITDA
$45.22 K (USD)107.65as on Mar 31, 2024
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Total Equity Funding
$3.86 M (USD)
in 2 rounds
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Latest Funding Round
$1.86 M (USD), Seed
May 07, 2019
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Investors
Sixth Sense Ventures
& 1 more
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Employee Count
140
as on Feb 04, 2025
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People of SaffronStays
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Funding Insights of SaffronStays
SaffronStays has successfully raised a total of $3.86M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.86 million completed in May 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.
Investors in SaffronStays
SaffronStays has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include Sixth Sense Ventures and Simi Kumar Chawla.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund investing in consumer-focused startups in India.
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SK
Simi Kumar Chawla |
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Investor details for SaffronStays
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Investments & Acquisitions by SaffronStays
Investment portfolio details for SaffronStays
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Financial Statements - SaffronStays
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Saffronstays Comparisons
Peer comparison for SaffronStays
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Competitors of SaffronStays
SaffronStays 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 ELIVAAS, A Break Please and Luxasa, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Luxury vacation homes are provided via an online rental marketplace.
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An online platform for booking villas in popular tourist destinations.
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An online platform for seamless booking of vacation rentals worldwide.
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Detailed competitors of SaffronStays
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Latest news on Saffronstays
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Frequently Asked Questions about SaffronStays
SaffronStays was founded in 2014 and raised its 1st funding round 4 years after it was founded.
SaffronStays is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
SaffronStays is a funded company, having raised a total of $3.86M across 2 funding rounds to date.
As of Feb 04, 2025, the latest employee count at SaffronStays is 140.
Annual revenue of SaffronStays is $6.68M as on Mar 31, 2024.
SaffronStays was founded in 2014 in Mumbai, India, as an online platform in the travel sector. Homestays and vacation rentals are listed by owners to connect with global travelers. Bookings are facilitated through user registrations, where locations, dates, and group sizes are specified in requests. The service operates primarily in the vacation rental marketplace, enabling direct interactions between property owners and visitors worldwide.
SaffronStays's top competitors include ELIVAAS, A Break Please and Luxasa.
SaffronStays has 2 investors. Key investors include Sixth Sense Ventures, and Simi Kumar Chawla.
The valuation of SaffronStays is $11.56M as of May 2019.