Elivaas

Founded in 2023 and based in Haryana, India, Ishanee Villas Tech Private Limited d. b. a Elivaas operates as a tech-driven villa and luxury apartment management company that specializes in helping property owners maximize the potential of their vacation homes through monetization, monitoring, and maintenance. The company was founded by Ritwik Khare and Karan Miglani.

In August 2025, Elivaas raised INR 870 million in series B funding led by new investor Vertex Ventures Southeast Asia & India, with participation from returning investors Peak XV Partners and 3one4Capital Advisors. Other unspecified investors also participated in the round. The firm offers an exclusive selection of premium holiday homes and weekend getaways. Their core product offerings encompass a curated portfolio of luxury villas situated in coveted global destinations, providing travelers with high-end accommodations tailored to their preferences.

These properties feature amenities such as private pools, gourmet kitchens, and personalized concierge services. The end-use cases revolve around providing lavish retreats for leisure travelers, families, and corporate groups, allowing them to enjoy a blend of comfort and luxury in stunning locations. ELIVAAS operates in various geographical markets, including popular tourist destinations in Europe, the Caribbean, and Southeast Asia. The company will use the August 2025 funding to scale operations, expand in India, and into global markets.