ELIVAAS, a Gurugram-based vacation home rentals platform, has secured $5 million in a Series A funding round led by 3one4 Capital, with participation from Peak XV’s Surge and other angel investors. This follows a prior funding round in November 2023, where the company raised $2.5 million.

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According to a press release from ELIVAAS, the fresh capital will be used to enhance its proprietary technology platform, expand market presence, optimize operations, and elevate the experience for both homeowners and guests.

Co-founded in 2023 by Ritwik Khare and Karan Miglani, ELIVAAS focuses on villa and luxury apartment management, aiming to revolutionize the premium vacation rental market in India. The company leverages technology and hospitality to offer curated, high-end vacation experiences.

The platform currently manages a portfolio of over 140 properties located in top leisure destinations across Goa, Delhi NCR, Rajasthan, Maharashtra, Himachal Pradesh, and Uttarakhand.

Company offers a range of digital tools to streamline operations. Its homeowner app provides real-time insights into bookings, reviews, and property maintenance, while the HK app automates check-in procedures and simplifies property management. For guests, the platform features an intuitive interface with advanced options such as 3D property tours, AI-driven chatbots, and seamless payment systems.

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