Funstay Services Pvt Ltd

Hospitality brand of unique vacation stays powered by cognitive technology for conversational consultative sales in mid luxury segment tageting 100Mn users

  • Stage Full Product Ready
  • Industry Travel
  • Location Bangalore, Karnataka, India
  • Currency INR
  • Founded November 2015
  • Employees 12
  • Incorporation Type LLC
  • Website funstay.in

Company Summary

Funstay is a 3.5 years old tech travel startup and hospitality brand of unique vacation stays (Tree house, Jungle Lodge, cave stay etc) targeting mid luxury segment through online portals and offline mode. Customer gets personalized recommendations through technology solution.
With 12 full time members, Funstay generates revenue through commission and has grown 20x in last 3 years. Current revenue run rate is 4 L per month with burn rate of 1 L.

Team

  • Nitin Agrawal
    CEO

    Total Work Ex: 10 Years with 4 years in travel industry experience and running business
    Worked as Business Analyst for Deutsche Bank, Germany
    MBA from Strathclyde Business School in General Management
    Coming from a business family Nitin is an entrepreneur by heart, Started Funstay, Risk taker and Go-Getter
    https://www.linkedin.com/in/nitinagrawal05/

  • Mahim Mehta
    CMO

    Total Work Ex: 9 Years with 3 years on Travel Industry Experience
    Lead global e-commerce business for Strontium recording a growth of 20x (from USD 250k to USD 5Mn) within span of 1 year
    Brand Manager for Tata Group's oldest brand, Tata Agrico. Increased profitability by 50%
    MBA from XIMB with dual majors in marketing and finance.
    Strong Strategy, Planning, Marketing and Sales experience with vision to build brand and distribution channel

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