LuvStay is a Delhi-based startup that operates an online platform allowing couples and travelers to easily book hotel rooms with flexible timings and shorter stays. The platform addresses key issues like the difficulty of booking rooms with local IDs and the lack of standardization and respect for couples in many hotels. It has grown significantly since launching, with increasing customer acquisitions, website traffic, number of hotels and cities covered. The founders are experienced professionals seeking funding to further scale the business through expanded marketing, brand visibility, customer acquisition and revenue growth.
2. WHAT IS
LUVSTAY?
LuvStayis a Delhi based start-up
LuvStay is a platform where couples
and travellers can book room with
ease and hassle free.
Any Class of hotels, Any Day Any Night .
Time Flexibility and shorter stays.
A platform that facilitates thejourney
of Couples .
3. KEY
INDUSTRY
ISSUES
Booking a room with local identity is a
common problem in thecountry
Price & room services standardization is a
big issue when couples wants an isolation
from rest of theworld
Social ‘taboos’are predominant as most of
the hotels either do not respect or exploit
the couples in the name of such taboos
4. LUVSTAY
SOLUTION
LuvStay is an online platform allowing
married/ unmarried couples andgeneral
travellersto book rooms with local ID’s
The booking process is completely hassle
free and accessible through website and
mobile app.
LuvStayallows users to book room with
flexibletimings
Users has the convenience to book
rooms during the day,night as per the
user’s wants tostay
5. MARKET OPPORTUNITY
Online hotel booking is
estimated to be $ 4 Billion by
2020 (Source #GoogleIndia-
BCG report)
Total addressable market size
31 percent with a CAGR or 25%
(Source #Google India-BCG
report)- meaning every 3rd
hotel booking will beonline
Key drivers are location,
review & content,word-of-
mouth and mobileaccess
Budget hotels are apreferred
choice for over 49% of the
users (Source GoogleIndia)
Users in the age group 18-44
are most techsavvy.
12. WHY TOINVEST
Hospitality segmentgrowth
Gap in the supply and demand
Price margin cut by hotelaggregators,
taking away largermargins
Price war among aggregatorslowering
the inventory value
15. TEAM
SUMIT ANAND CEO &FOUNDER
Earned Engineering DegreeAtAmbedkar Instt OF Technology
Proven Executive Management TrackRecord Over 8 Years Of Experience Driving
Sales Growth in the variousindustry
Prior to start LuvStay, was CMOat indishcrft.com
Previously served in Jubilant IT,Modi Mundi Pharmaceuticals, Meros Technologies.
KARAN MAGO COO &CO FOUNDER
Earned Masters Degree In BusinessAdministrationAt KJSOMAYAINSTT
Proven Marketing And Research Track Record Over 6 Years
Prior to start LuvStay ,was Business Analyst at Evalueserve.
Previously served KAPSONS, POWER2SME
16. TEAM
NISCHALBHARDWAJ CTO& COFOUNDER
Young ,Dynamic and Passionate ProductDesigner
Hold Engineering Degree At Dr APJAbdul Kalam Technical Univeristy.
He is PassionateAboutCreating Delightful Solutions.
BASANT SANWAL CMO &CO FOUNDER
He is an IIT Delhi Alumni specialization in enterprise & supply chain managementwith
a graduation degree inscience.
He has diverse marketing and consulting experience ranging from customer durables,
retails ,distributions, online ventures across theglobe.
He Has Worked In Over With 20 Start-ups & Scaled few of them