“We are currently at a major growth stage, and the funds will enable us to accelerate our pace. We will scale our network of properties to over 1,000 within the next 18-24 months,” Vista Rooms Co-Founder Ankita Sheth said.
The growth enabled by the funding will be fourfold – launching new locations, building out the team, improving technology and furthering brand awareness, she added.
“The vacation rental segment addresses a clear pain point for both travellers and homeowners. This segment is poised for massive growth and Vista is well-positioned to capitalise on this with its market leadership,” DSG Consumer Partners’ MD Deepak Shahdadpuri said.