Ravindra Krishnappa, one of the Founding Partners of VertExperts, has deployed funds in an individual capacity into StayZilla as a lead investor as part of the IAN (Indian Angel Network). StayZilla is an online booking destination for value stays across all Tier II and III cities in India. VertExperts Consulting LLP is a Bangalore based business consulting partnership that provides Seed/Angel funding and business incubation services.
“Given the increased family mobility across the country, VertExperts believes this has great potential in the coming months and years. All data corroborates with the fact that domestic travel is booming across the country and will continue to grow at a frantic pace,” said the company.
StayZilla offers an inventory of 3,800 hotels in 448 cities in India with rooms ranging from Rs.250 to Rs.60, 000. StayZilla was started by Yogendra Vasupal, who earlier launched Inasra in 2005 and later, rebranded the service to StayZilla in 2010.