The Startups to look forward in 2014 – Stayzilla.com

Name of Founder (s): Rupal Surana, Sachit Singhi, Yogendra Vasupal

Revenues: Over Rs. 5 crore
Industry Online Travel / Hotel Aggregator

What it offers: A selection of value and budget hotels across tier 1,2 &3 cities of India, whether it be in Kargil or Kanyakumari to Tawang to Tarapith. The company currently has tie ups with 10000+ hotels across 800 towns in India. Stayzilla also offers users the ability to book guest houses, lodges and serviced apartments.

Growth Details & Expansion Plans: Although on a lower base, the company is growing at a fast pace of 400 percent per annum. The startup feels the market is big enough to support this rate of growth for the next five years.

Investors & Amount raised: The company has raised an angel round from IAN US$ 0.5million and an undisclosed amount in Series A from Matrix Partners.

Source:Economic Times

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