MyIndianStay
Stage
Angel | AliveTotal Raised
$200KLast Raised
$200K | 9 yrs agoAbout MyIndianStay
MyIndianStay, founded in 2012, provides a unique experience to those travelling in India by offering accommodation in villas, homestays, guest houses and apartments. The company's platform has features like Smart Lock Integration which allows the traveler to unlock the property using her/his smartphone, Host-Guest Interaction Platform that provides a transparent communication channel to both the host and the guest, and Local Accommodation Discovery Tool, a mobile app which will allow a traveler to discover and book unique accommodation options in the nearby vicinity after reaching the destination.
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Expert Collections containing MyIndianStay
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
MyIndianStay is included in 1 Expert Collection, including Travel Technology (Travel Tech).
Travel Technology (Travel Tech)
2,715 items
The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.
Latest MyIndianStay News
Nov 6, 2015
, Image Source Founded in 2012 by Shan Gehlot and Umesh Agarwal, Goa-based homestay accommodation listing platform, MyIndianStay has raised $200,000 in angel funding from institutional investors for building the product and adding quality properties on its portfolio. The startup is also in talks to raise series A funding. As of now, the startup operates in Goa and is also expanding to other destinations in India. Currently, it offers more than 30,000 rooms at 5000 plus offbeat properties. The growth of properties on the site is rising at a rate of 20% month on month. Out of these 5,000+ properties which listed on MyIndianStay’s platform, 30% properties have already been verified and the company aims to verify 100% properties by end of year 2016. It offers accommodation in villas, home stays, guest houses and apartments to provide better experience to travelers. It has features like Smart Lock Integration which will allow the traveller to unlock the property using his/her smartphone; Host – Guest interaction platform allows a guest to chat with the property manager directly and both get a chance to know each other and Local Accommodation discovery tool is a way of discovery and booking the right property in the right budget. MyIndianStay is also working to develop a mobile app based discovery tool which can allow a traveller to discover and book accommodations options in vicinity after reaching the destination. Other players in the space are OyoRooms, ZoRooms, QiK Stay, HolidayIQ, Yatra.com etc. Talking about their future plans, Umesh Agarwal said that, “The vacation rental space is evolving in India and is in its initial phase. We think that we are perfectly positioned to be part of this ecosystem and be the largest player in this huge unorganised sector in Indian Market. For this, we have worked in close proximity with our property owners to understand their various problems and build solutions accordingly.”
MyIndianStay Frequently Asked Questions (FAQ)
Where is MyIndianStay's headquarters?
MyIndianStay's headquarters is located at A-11, 2nd floor,Tato Building, Panjim.
What is MyIndianStay's latest funding round?
MyIndianStay's latest funding round is Angel.
How much did MyIndianStay raise?
MyIndianStay raised a total of $200K.
Who are MyIndianStay's competitors?
Competitors of MyIndianStay include OYO, NestAway, Airbnb, SaffronStays, HeyHolidays and 7 more.
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Compare MyIndianStay to Competitors
OYO provides hospitality services focusing on hotel and home bookings. The company offers a platform for sanitized stays, standardized amenities, and digital management tools for property owners. It primarily serves the hospitality and travel sectors by enabling property owners to list their hotels and homes and providing travelers with accommodations. It was founded in 2012 and is based in Gurugram, India.
SaffronStays provides hospitality services. It offers a network of leisure homes for travellers. It was founded in 2015 and is based in Mumbai, India.
HeyHolidays is a social marketplace focused on providing vacation rental services within the travel and hospitality industry. The company offers a platform for travelers to book a variety of accommodations, such as rooms, apartments, guesthouses, and villas, from local hosts around the world. HeyHolidays caters to the travel accommodation sector, connecting guests with unique local stays and experiences. It is based in Bengaluru, India.
Zolostays specializes in providing coliving spaces for students and professionals within the real estate sector. The company offers fully furnished homes with a range of amenities, designed for comfortable and community-oriented living. Zolostays primarily caters to the student housing and corporate housing sectors. zolostays was formerly known as ZoloStays Property Solutions. It was founded in 2015 and is based in Bengaluru, India.
NoBroker is a proptech company operating in the real estate industry. The company offers a brokerage-free property search portal that connects property owners and tenants or buyers directly, eliminating the need for a middleman. Its services include providing verified properties for buyers and tenants, online rental agreements, and home services such as packing and moving. NoBroker was founded in 2014 and is based in Bengaluru, India.
Rowstel operates as a property technology (prop-tech) startup focused on providing long-term rental accommodations for young professionals and immigrants. The company offers furnished studio pods with smart technology integration. It primarily serves the urban rental market, catering to the needs of inter-state and inter-district migrants looking for housing solutions. It was founded in 2023 and is based in Kozhikode, India.
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