Elivaas is a tech-driven villa and luxury apartment management company that has raised $2.5 million in a seed round led by Surge, Peak XV Partners' scale-up program for early-stage startups. The round also featured contributions from notable angels such as Naveen Kukreja, Paisabazaar co-founder, Kunal Shah, Cred founder, Mohit Gupta, Zomato co-founder, and Amit Lakhotia, Park+ founder.
Elivaas' platform provides a wide range of services to homeowners and travelers, including:
- Property management: Elivaas manages all aspects of property management, from marketing and bookings to maintenance and housekeeping.
- Guest experience: Elivaas provides a concierge service to guests, helping them with everything from booking activities to arranging transportation.
- Technology: Elivaas uses a proprietary technology platform to manage its properties and bookings. The platform also includes an AI-powered chatbot that can answer guest questions and provide recommendations.
The funding will be used to expand Elivaas' market reach in key Indian cities and scale its technology platform. The company plans to use the funding to strengthen its presence in India, as well as expand into other emerging markets such as Southeast Asia and the Middle East.
