About SaffronStays
SaffronStays is a Travel & Hospitality company based in Mumbai (India) founded in 2014 by Devendra Parulekar and Tejas Parulekar. Online marketplace for booking vacation rentals. SaffronStays has raised $5.28 million across 4 funding rounds from investors including Sixth Sense Ventures, Simi Kumar Chawla and Ashika Group. The company has 140 employees. SaffronStays was last valued at $11.56 million in May 2019. Its website saffronstays.com draws about 245 thousand monthly visits. Its Indian entity Saffron Studios Private Limited reported revenue of ₹57.18 Cr. Its focus areas include Consumer, Online Travel, Accommodation and Vacation Rentals. Its competitors include ELIVAAS, A Break Please and Luxasa; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 140
- Founders Devendra Parulekar, Tejas Parulekar
- Stage Minicorn
- SectorsTravel & Hospitality
- Website category Travel and Tourism · Accommodation and Hotels
- Email••••••••
- Phone•••• ••••
- Website saffronstays.com
- Social LinkedIn X Facebook
- Legal Name Saffron Studios Private Limited
- Date of Incorporation 07 May, 2015
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹57.18 Cr
FY 2024 · +219% YoY
- Net Profit₹71.3 Lakh
FY 2024 · 1% margin
- EBITDA₹63.8 Lakh
FY 2024 · 1% margin
- Total Equity Funding$5.28M (USD)
in 4 rounds
- InvestorsSixth Sense Ventures
& 3 more
- Employee Count140
Associated legal entities of SaffronStays
SaffronStays is associated with 2 registered companies on The Company Check; the primary company is Saffron Studios Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Saffron Studios Private Limited CIN U74120MH2015PTC264101 | Active | 07 May 2015 | Mumbai, Maharashtra | ₹57.2 Cr | 140 | 3 | View details |
| Saffronstays Llp CIN AAC-0216 | Active | 22 Jan 2014 | Mumbai, Maharashtra | 2 | View details |
Funding Insights of SaffronStays
SaffronStays has successfully raised a total of $5.28M across 4 strategic funding rounds. 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 $5.28M
- Total Rounds 4
- First Round $2M
(Jul 2018)
- Investors Count 4
All 4 funding rounds of SaffronStays 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 |
|---|---|---|---|---|---|
| Jun 2026 | Series A | – | – | ||
| Dec 2025 | $1.42M | Seed | – | – | |
| May 2019 | $1.86M | Seed | $11.56M | Sixth Sense Ventures | |
| Jul 2018 | $2M | Seed | – | Sixth Sense Ventures | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2019 | $11.56M | •••••••• |
Last known valuation $11.56M (May 2019). 4 investors in total: 3 institutional and 1 angel.
Investors in SaffronStays
SaffronStays has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Sixth Sense Ventures, Simi Kumar Chawla and Ashika Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund investing in consumer-focused startups in India. | 2016 | sixthsenseventures.com | Mumbai, India | |
| infinityvc.capital | ||||
| ashikagroup.com | ||||
SK Simi Kumar Chawla | unknown_c1e79cc11f864eba8 |
Investor details for SaffronStays
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Board of directors of Saffron Studios Private Limited (SaffronStays)
Saffron Studios Private Limited is the primary company behind SaffronStays. The boards of the 2 registered companies of SaffronStays currently have 3 directors; the longest-serving is Tejas Parulekar Devendra, appointed in 2014. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tejas Parulekar Devendra DIN 06705324 | Designated Partner | 22 Jan 2014 | 12 yrs 9 mo | Saffronstays Llp, Saffron Studios Private Limited |
| Devendra Kamlakar Parulekar DIN 06705320 | Designated Partner | 06 Nov 2019 | 6 yrs 11 mo | Saffronstays Llp, Saffron Studios Private Limited |
| Nimisha Nagarsekar Manish DIN 08124565 | Nominee Director | 18 Jan 2022 | 4 yrs 9 mo | Saffron Studios Private Limited |
People of SaffronStays
20 people are tracked at SaffronStays (7 in leadership, 13 in team); the tracked headcount is 140.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
| Co-Founder | Leadership | |
Vinay Chandavarkar | Chief Development Officer | Leadership |
Manvi Sharma | Chief Marketing Officer | Leadership |
Deven Parulekar | Founder | Leadership |
Tejaswinee Ambekar | Head of Sales | Leadership |
Ankur Aswal | State Head Uttrakhand | Leadership |
Karanbir Singh Nirmal | Regional Manager, North | Team |
Rhushikesh Pathare | Senior Manager, Home Acquisitions | Team |
Onkar Maruti Chavan | Manager Home Acquisition | Team |
Prerna Zaveri | Manager, Content & Marketing | Team |
Vishal Shetty | Performance Marketing | Team |
Mayur Sawant | Regional Key Account Manager | Team |
Anukriti Singh | Assistant Manager | Team |
Siddhartha Arya | Operations Manager North | Team |
Rohit Deshmukh | Operations Manager | Team |
Nikhil Palwe | Regional Operations Manager | Team |
Akshay Nalawade | Manager Marketing And Communications | Team |
Ajay Bankar | Assistant Operations Manager | Team |
Bhumika Sheth | AVP, Home Acquisitions, Growth Supply | Team |
Complete people profiles for SaffronStays
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Financials of SaffronStays
Figures of Saffron Studios Private Limited, the primary company behind SaffronStays, for FY 2024. Revenue was ₹57.18 Cr (+219% year on year). Net profit was ₹71.3 Lakh (1% margin). EBITDA was ₹63.8 Lakh (1% margin). Revenue has grown at a compounded annual rate of +79% over three years and +87% over five years.
- ₹57.18 CrRevenue · FY 2024 · +219% YoY
- ₹71.3 LakhNet profit · 1% margin
- ₹63.8 LakhEBITDA · 1% margin
- ₹1.26 CrPaid-up capital
- 140Employees (provident fund records)
- +79%Revenue CAGR, 3 years
- +87%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Saffron Studios Private Limited are on its company page.
Detailed financial statements for SaffronStays
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of SaffronStays
4 dated milestones of SaffronStays across 12 years, from founding to its latest funding, stage changes and deals.
- Founded SaffronStays is founded.
- Funding First funding round of $2.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A,.
Competitors of SaffronStays
SaffronStays has 3 listed competitors in our database, 1 of them funded. They include ELIVAAS, A Break Please and Luxasa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| elivaas.com | 2023 | Gurugram, India | $18.45M | 307 | Luxury vacation homes are provided via an online rental marketplace. | |
| abreakplease.com | 2012 | Mumbai, India | An online platform for booking villas in popular tourist destinations. | |||
| luxasa.com | 2015 | Chennai, India | An online platform for seamless booking of vacation rentals worldwide. |
Detailed competitors of SaffronStays
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Web traffic of SaffronStays
The website of SaffronStays (saffronstays.com) receives about 245.3K visits a month and ranks #145,528 among all websites worldwide, #4,165 in Accommodation and Hotels.
- Monthly visits245.3K
▲ 0.7% vs previous month
- Unique visitors132.9K
per month
- Global rank#145,528
among all websites
- Category rank#4,165
Travel and Tourism · Accommodation and Hotels
- Bounce rate33%
- Pages per visit4.4
- Average visit2 min 14 sec
- DevicesDesktop 24% · Mobile 76%
Websites whose visitors overlap most with SaffronStays. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ekostay.com | 100% | 59.3K | #354,578 | View details | |
| stayvista.com | 92% | 416.3K | #76,386 | View details | |
| airbnb.co.in | 85% | 8.3M | #3,062 | View details | |
| lohono.com | 84% | 99.4K | #281,701 | View details | |
| amastaysandtrails.com | 84% | 85K | #314,283 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for SaffronStays
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Top companies in Online Travel
3 companies that operate in the same segment as SaffronStays (Online Travel) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 |
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Related news about 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 $5.28M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jul 2018.
SaffronStays has 140 employees.
The primary company behind SaffronStays, Saffron Studios Private Limited, reported revenue of ₹57.18 Cr for FY 2024, up 219% year on year.
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 4 investors. Key investors include Sixth Sense Ventures, Simi Kumar Chawla, Ashika Group, and Infinity Ventures.
The valuation of SaffronStays is $11.56M as of May 2019.
SaffronStays is associated with 2 legal entities: Saffron Studios Private Limited, Saffronstays Llp.
The legal entities of SaffronStays currently have 3 directors, including Tejas Parulekar Devendra, Devendra Kamlakar Parulekar, Nimisha Nagarsekar Manish.
The website of SaffronStays receives about 245 thousand visits a month and ranks #145,528 among all websites worldwide.