1. Products
  2. Solutions
  3. Insights+
  4. News & content
  5. About
-
  1. Products
  2. Solutions
  3. Insights+
  4. News & content
  5. About
  1. Launch

Brevistay Hospitality Pvt. Ltd.

Have updates for this profile?  Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Year established

2016

Location

Noida Uttar Pradesh India

Primary Industry

Consumer Services

About

Based in Noida, India, and founded in 2016, Brevistay Hospitality Pvt. Ltd. provides travelers with hourly hotels for their short stay. The company was co-founded by Prateek Singh (CEO), Shubham Agarwal, Nikhil Kumar Pathak, Aditya Naithani, and Avnish Kumar. In August 2022, the firm raised INR 30 million in Seed funding from investors led by Indian Angel Network. The firm offers the pay-per-hour facility to the traveler to book a hotel room for their short stay preferably in slots of 3, 6, and 12-hour stays. The company offerings include night stays and allow married and unmarried couples both. Additionally, firm service is beneficial for business meetings and frequent travelers. As of 2022, the firm is operational in more than seventy cities, with more than three thousand hotels. And it has more than 400,000 customers in its customer base. The company plans to use the August 2022 funding to strengthen the team and develop its customers and hotel ecosystem.
Current Investors
Indian Angel Network

Request a demo to show more

Primary Industry
Consumer Services
Sub Industries
Hospitality Services, Software
Website
http://www.brevistay.com/
Verticals
Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only

Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin
31 Mar 2017
27,078
-
(107,494)
(397%)
(107,494)
(397%)
(107,494)
(397%)
31 Mar 2018
845,140
3021.1%
150,138
17.8%
154,083
18.2%
113,547
13.4%
31 Mar 2019
4,073,082
381.9%
(47,471)
(1.2%)
(31,864)
(0.8%)
(23,669)
(0.6%)
31 Mar 2020
31 Mar 2021
31 Mar 2022

Unlock the recent years of financials and more for Brevistay Hospitality Pvt. Ltd..

Request a demo to see more.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.