Archive · 13 Aug 2025
ELIVAAS Raises ₹87 Crore in Series B Funding Round
ELIVAAS, a company that rents out luxury vacation homes, just got about $10.4 million to grow.
This money will help them expand in India, go to other countries, and make their website and services better.
They plan to use the funding to scale up their business and make vacation rental services more accessible.
The company wants to provide high-quality experiences for guests.
The investors are excited because they see a big opportunity in the luxury travel market.
ELIVAAS, a luxury vacation rental platform, secured ₹87 crore ($10.4 million) in Series B funding.
Vertex Ventures Southeast Asia & India led the funding round.
Funds will expand ELIVAAS's presence in India and prepare for international expansion.
The company plans to enhance its technology infrastructure.
ELIVAAS operates in 30 Indian locations and saw five-fold year-on-year revenue growth in FY24-25.
- Who
- ELIVAAS, Vertex Ventures Southeast Asia & India, Peak XV Partners’ Surge and 3one4 Capital.
- What
- ELIVAAS, a luxury vacation rental platform, secured ₹87 crore in Series B funding.
- When
- Founded in 2023. Series B round in the current timeframe.
- Where
- Operating in 30 Indian locations.
- Why
- The funds will be used to expand its presence in India, increase operations, and prepare for international market entry.
- Company
- ELIVAAS
- Funding Round
- Series B
- Amount Raised
- ₹87 crore ($10.4 million)
- Lead Investor
- Vertex Ventures
- Founded
- 2023
- Locations
- 30 Indian locations
- Revenue Growth
- Five-fold year-on-year in FY24-25