The tech-driven management business for luxurious homes and apartments, Elivaas, has raised $2.5 million in a seed round led by Peak XV Partners’ Surge. Peak XV’s Surge led the round, with angels taking part.
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Elivaas will be utilized funding to expand its technological platform and create a stronger market presence in India’s high-traffic cities.
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“As the travel industry rapidly evolves in India, we are witnessing a growing trend where everyday travellers are joining high-net-worth individuals in seeking out luxury accommodation for rental. Elivaas addresses this burgeoning demand by providing customers with a seamless and curated travel and booking experience. With the new funds, we are committed to expanding our presence across India, as well as leveraging technology to improve both the homeowner and customer experience,” said Ritwik Khare, founder, Elivaas.
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About ELIVAAS
ELIVAAS is a tech-driven villa and luxury apartment management company that helps owners monetize, monitor and maintain their vacation homes. ELIVAAS stands at the forefront of the hospitality scene, curating luxury villa vacations in coveted global destinations. ELIVAAS management team & experts come from the best corporates in hospitality, travel technology & startups. ELIVAAS is a one stop platform to deliver a 7 star experience for our partners and guests.
