Commodities

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
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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.

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"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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