About SaltStayz
SaltStayz is a company based in Gurugram (India) founded in 2022 by Nishant Tripathi and Gaurav Gupta. It operates as a Direct-to-Consumer (D2C), and Subscription Services. SaltStayz has raised $41.4 thousand across 1 funding round from investors including Sandeep Shamlal Goyal. The company has 89 employees as of November 30, 2024. SaltStayz offers products and services including SaltStayz Express, SaltStayz Select, SaltStayz Premier, and Party & Events Services. SaltStayz operates in a competitive market with competitors including Lemon Tree Hotels, FabHotels, Radisson Hotels, Club Mahindra and Indian Hotels, among others.
- Headquarter Gurugram, India
- Employees 89 as on 30 Nov, 2024
- Founders Nishant Tripathi, Gaurav Gupta
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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 Saltstayz Hospitality Private Limited
- Jurisdiction Faridabad, Haryana, India
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Annual Revenue
$1.88 M (USD)0as on Mar 31, 2024
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Net Profit
$61.34 K (USD)0as on Mar 31, 2024
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EBITDA
$106.54 K (USD)0as on Mar 31, 2024
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Total Equity Funding
$41.4 K (USD)
in 1 rounds
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Latest Funding Round
$41.4 K (USD), Seed
May 31, 2024
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Investors
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Employee Count
89
as on Nov 30, 2024
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Products & Services of SaltStayz
SaltStayz offers a comprehensive portfolio of products and services, including SaltStayz Express, SaltStayz Select, SaltStayz Premier, and Party & Events Services. 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.
Affordable rooms are provided for budget-conscious travelers daily.
Modern rooms are offered with enhanced comfort and amenities.
Premium rooms are designed with modern amenities for guests.
Event spaces are curated for social and corporate gatherings.
Funding Insights of SaltStayz
SaltStayz has successfully raised a total of $41.4K through 1 strategic funding round. The most recent funding activity was a Seed round of $41.4 thousand completed in May 2024. 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 1
- Last Round Seed — $41,396
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First Round
First Round
(31 May 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Seed - SaltStayz | Valuation |
investors |
| 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 SaltStayz
SaltStayz has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Sandeep Shamlal Goyal. 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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SS
Sandeep Shamlal Goyal |
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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 SaltStayz
| 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 - SaltStayz
| 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 |
Saltstayz Comparisons
Competitors of SaltStayz
SaltStayz 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 Lemon Tree Hotels, FabHotels, Radisson Hotels, Club Mahindra and Indian Hotels, 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 |
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| domain | founded_year | HQ Location |
A chain of hotels and resorts is operated.
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| domain | founded_year | HQ Location |
Online hotel booking platform
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| domain | founded_year | HQ Location |
A network of hotels and resorts is operated internationally.
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| domain | founded_year | HQ Location |
Listings of hotels and restaurants are facilitated via the platform.
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| domain | founded_year | HQ Location |
Luxury hotels and resorts are owned and operated internationally.
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| domain | founded_year | HQ Location |
Real estate development services are provided in India.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about SaltStayz
When was SaltStayz founded?
SaltStayz was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is SaltStayz located?
SaltStayz is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Is SaltStayz a funded company?
SaltStayz is a funded company, having raised a total of $41.4K across 1 funding round to date. The company's 1st funding round was a Seed of $41.4K, raised on May 31, 2024.
How many employees does SaltStayz have?
As of Nov 30, 2024, the latest employee count at SaltStayz is 89.
What is the annual revenue of SaltStayz?
Annual revenue of SaltStayz is $1.88M as on Mar 31, 2024.
What does SaltStayz do?
SaltStayz is engaged in offering a range of hospitality services across various cities in India, including Gurugram, New Delhi, Chandigarh-Mohali, Noida, and Rishikesh. The company is focused on providing budget-friendly and luxury accommodations through its Express, Select, and Premier room categories. Additionally, event management services are provided for social, corporate, and wedding functions, with adaptable spaces for different occasions. The hospitality sector is primarily targeted, catering to business, family, and leisure travelers seeking comfort and style.
Who are the top competitors of SaltStayz?
SaltStayz's top competitors include Lemon Tree Hotels, FabHotels and Radisson Hotels.
What products or services does SaltStayz offer?
SaltStayz offers SaltStayz Express, SaltStayz Select, SaltStayz Premier, and Party & Events Services.
Who are SaltStayz's investors?
SaltStayz has 1 investor. Key investors include Sandeep Shamlal Goyal.
What is SaltStayz's valuation?
The valuation of SaltStayz is $124.09K as of May 2024.