Stayzilla, an India-based service that combines regular hotel bookings with short-term, Airbnb-style rentals, has raised 20 million dollars in series B round for its hybrid service.
According to TechCrunch, Stayzilla's focus is on allowing users book accommodation across India for a stay of up to one month.
Stayzilla CEO and co-founder Yogendra Vasupal said that the service has almost 22,000 rooms wherein 36 percent of them are alternative and across 4,000 towns as of December 2014.
Vasupal said that alternative accommodation has emerged over the past year and the company aims to hit 50,000 rooms by the end of 2015.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app