Home Funding Alert Funding: Hospitality Startup Brevistay Raises INR 3Cr in Seed Round

Funding: Hospitality Startup Brevistay Raises INR 3Cr in Seed Round

BreviStay Hotel Booking Founder

Noida-based startup BreviStay, a platform to book a hotel room in packs of 3, 6 and 12 hours has raised Rs 3 crore led by Indian Angel Network in its seed round. The round is led by IAN lead investors Uday Chattarjeee, Hari Balasubramniam, and Sri Prakash.

As per Brevistay, the fresh funds will be utilised to strengthen its team and invest in marketing strategies.

BreviStay allows customers to book hotels in slots of three, 3, 6 and 12 hours with the flexibility to pick their own check-in time. The company’s platform also allows hotels to manage inventory with the flexibility of their rooms in real-time.

Prateek Singh Co-founder of Brevistay said,’ our aim is to solve customers’ common problem of overpaying for short stays at hotels. The check-in issue at odd times also gets resolved as the hotels registered on the platform can be booked for three hours and paid accordingly.

BreviStay claims to have a presence in more than 70 cities with over 2,800 hotels and 8 lakh app downloads. The company saw 1.5x growth in the nine months after the first lockdown and recorded a 250% spike in the numbers in the next nine months after the second wave of COVID-19.

Founded in May 2016, by Prateek Singh, We are a platform to book a hotel room in packs of 3, 6 and 12 hours. Decide your own check-in time and pay only for the hours you stay.

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About BreviStay?

Starting off with just five cities, we have grown by leaps and bounds to be presently operating in 20+ major cities across India. We’ll help you to get hourly rooms for 3 hours, 6 hours and 12 hours and pay accordingly. Be it a flight delay, a brief layover or a short meeting with clients and you need a room for a few hours, we will always have a solution with everything at super affordable prices. Micro stay is the new revolution in the Indian hospitality industry and is all set to gain more momentum over time. Also, we ensure every hotel listed on our website is completely safe and secure. Rigorous quality checks of hotels happen before onboarding. We do ensure a smooth check-in procedure for our guests.

Customers are charged for the entire day and then end up paying a hefty amount even if they use the room for say, 4 hours! That does burn a deep hole in the pocket! right? Pay just for the number of hours you choose to stay with us. Paying less and a short stay have nothing to do with the quality of the services that you avail yourself. You can check in even at 6 am in the morning or at midnight and can book hourly rooms for as less as 3 hours.

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