SaffronStays raises $3.5M, pivots to luxury villas and temple-town tourism
Backed by Infinity Ventures, SaffronStays is reweighting its 500+ home portfolio toward premium (now 52%) and targeting 20 religious destinations. Gross bookings guided to ₹150 cr in FY27 from ₹108 cr in FY26, with five ₹100 cr regional units planned.
SaffronStays raised $3.5M from Infinity Ventures to pivot toward luxury villas and religious tourism, targeting 20 temple destinations. Premium homes now 52% of portfolio; gross bookings projected at ₹150 cr in FY27 versus ₹108 cr FY26.
Why this matters
SaffronStays is reweighting its 500+ home portfolio toward premium villas while expanding into India's temple-town tourism circuit, signaling a dual bet on luxury demand and pilgrimage travel growth.
Retail-company signals steady at 3,427 over the last 90 days.
Also reported by
- Mint · Companies — Same time