SaffronStays has secured USD 3.5 million in growth capital through a funding round led by Infinity Ventures. The fresh investment will be used to support the company’s next phase of expansion across established and upcoming leisure destinations in India.
The company plans to deploy the capital toward strengthening its managed holiday-home portfolio, improving guest experiences, building new technology capabilities, and driving product innovation across its platform.
According to the company, SaffronStays has seen strong growth across its key regional markets over the last two financial years. Inventory has increased by 70% in North India, 90% in South India, and 200% in Goa. These markets have reportedly outpaced the company’s overall portfolio growth and helped deepen its presence in India’s fast-growing staycation and holiday-home destinations.
SaffronStays also stated that it has remained profitable for four consecutive years, even as it continued to scale operations and expand its premium managed homes business.
Devendra Parulekar, Co-founder of SaffronStays, said the company has focused on building a sustainable and profitable hospitality platform instead of pursuing growth at any cost. He said that over the past three years, the company has grown its portfolio by more than 150%, expanded across priority markets, and built a business where premium homes now contribute over half of its revenue. He added that the new funding will help SaffronStays accelerate investments in technology, operations, and guest experience while strengthening its position in India’s managed holiday-home market.
Tejas Parulekar, Co-founder of SaffronStays, said India’s holiday-home segment offers a strong long-term opportunity. She noted that direct bookings now account for nearly 70% of the company’s business, while its recently launched app is seeing encouraging traction. She added that rising demand for experiential stays continues to support the company’s growth strategy.
SaffronStays aims to build five regional business units, with each unit capable of generating INR 100 crore in annual business. The company said it will continue to follow a disciplined approach focused on profitability, operational efficiency, and customer satisfaction.
The company is also increasing its focus on premium and experiential hospitality. A growing share of its revenue is coming from higher-value homes, curated experiences, and destination-led stays designed for travellers looking for more personalized holiday options.
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