Elivaas eyes new round to nearly double villa count to 1,200 by end-2025
Managed holiday home operator Elivaas is raising fresh capital to scale from 670 to 1,200 villas by year-end, while pushing into Dubai and Sri Lanka. The Peak XV, 3one4 and Vertex-backed firm clocks Rs 200 crore ARR and has reported 50-100% occupancy growth across Goa, Alibaug, Lonavala and hill markets.
What happened
Managed holiday home operator Elivaas is planning a new funding round to scale from 670 to 1,200 villas by year-end, with international expansion into Dubai and
Key facts
- 670 villas
- 1,200 villas
- Rs 200 crore ARR
- $18 million raised
- 50-100% occupancy growth
Why this matters
Elivaas' Dubai and Sri Lanka push signals the managed-villa category is going cross-border early, opening partnership or acqui-channel options for hospitality groups lacking asset-light leisure inventory.