Vista Rooms Raises Rs 10 Cr In Fresh Funding Round

The growth enabled by the funding will be fourfold

Vista Rooms Raises Rs 10 Cr In Fresh Funding Round
Vista Rooms Raises Rs 10 Cr In Fresh Funding Round
PTI - 27 January 2021

Luxury holiday home rentals network Vista Rooms on Wednesday said it has raised Rs 10 crore in a fresh funding round led by early-stage venture capital fund, DSG Consumer Partners.


The round also saw participation from other investors including CA Holdings, Artha India Ventures and Anand Ladsariya, Vista Rooms said in a statement.


"We are currently at a major growth stage, and the funds will enable us to accelerate our pace. We will scale our network of properties to over 1,000 within the next 18-24 months," Vista Rooms Co-Founder Ankita Sheth said.


The growth enabled by the funding will be fourfold - launching new locations, building out the team, improving technology and furthering brand awareness, she added.


"The vacation rental segment addresses a clear pain point for both travellers and homeowners. This segment is poised for massive growth and Vista is well-positioned to capitalise on this with its market leadership," DSG Consumer Partners' MD Deepak Shahdadpuri said.

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