ELIVAAS

ELIVAAS

Luxury vacation home rental platform

Founded

2023

Headquarters

Gurugram (India)

Status

Series B

Company Details

Website

Socials

Email

N/A

Phone

+91 7969469950

ELIVAAS is a luxury vacation home rental and management platform that offers end-to-end solutions for premium villas, apartments and farmhouses. The company operates a full-stack model, handling property onboarding, dynamic pricing, multi-channel booking management, guest communication, and post-stay services.

Core Products & Services

  • Luxury Vacation Home Rentals: Curated portfolio of premium villas, apartments, and farmhouses for short-term stays.

  • Full-Stack Property Management: End-to-end handling of listing, pricing, bookings, guest communication and maintenance.

  • Owner Technology Solutions: Homeowner App for live booking updates, revenue tracking and property status monitoring.

  • Guest Experience Tools: Mobile app with automated check-in, 3D property tours, and concierge support.

  • Dynamic Pricing & Revenue Optimization: AI-driven algorithms to maximize occupancy and yield.

  • ELIVAAS Privé- Exclusive tier of ultra: luxury properties with personalized hospitality services.

  • Sustainability & Social Responsibility: Eco-friendly amenities, carbon-neutral packages and artisan collaborations.

Business Model and Revenue Streams

  • Full-Stack Property Management: ELIVAAS manages luxury homes end-to-end — handling listing, dynamic pricing, maintenance, guest communication and operations via a unified platform.
  • Multi-Channel Distribution: Properties are listed and managed across multiple platforms such as Airbnb, Booking.com, MakeMyTrip, Cleartrip, Agoda, TripAdvisor and others, increasing visibility and bookings.
  • Management Fees from Homeowners: ELIVAAS earns recurring income by offering comprehensive property management services—including pricing optimization, maintenance, marketing and operations support.
  • Commissions on Bookings: They likely collect a share of the revenue from bookings facilitated via various OTA channels (e.g., Airbnb, Booking.com), channeling through their platform’s backend.

Key People

Ritwik Khare

Karan Miglani

Key Metrics

Total Equity Funding

$18 Million

No. of Funding Rounds

4

Latest Funding Round

$9.9 Million, Series B

as of August 12, 2025

Post Money Valuation

$23.4 Million

as of September 20, 2024

Funding Multiple

1.3×

as of September 20, 2024

Investors

Kettleborough VC

and 3 more

Employee Count

232

Similar Companies

MakeMyTrip

Exit Details

-

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
August 12, 2025 Series B$9.9 Million---Vertex Ventures, 3one4 Capital, Surge
September 20, 2024 Series A $5.0 Million$23.4 Million--3one4 Capital, Peak XV Partners, Salarpuria Group, KNAV Angel: Maniti Shah
April 15, 2024Seed$550.0 K$14.2 Million--Kettleborough VC, We Founder Circle
April 11, 2023Seed$2.5 Million$11.0 Million--Peak XV Partners, We Founder Circle, QED Innovation Labs, Surge

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