Aretha Legal advised (๐๐ž๐š๐ค ๐—๐• ๐’๐ฎ๐ซ๐ ๐ž – the early-stage program of Peak XV Partners) in connection with its investment in hospitality startup ELIVAAS , which has successfully raised $10.4 million in a funding round led by Vertex Ventures, marking a significant step in Elivaasโ€™ growth journey.

Founded in 2021, Elivaas offers a full-stack platform for premium vacation rental management, providing property owners with technology-driven solutions, operational support, and access to wider travel networks. The fresh capital will be utilised to expand its property portfolio, strengthen its technology platform, and scale operations across new geographies.

This funding round underscores growing investor confidence in the ๐ก๐จ๐ฌ๐ฉ๐ข๐ญ๐š๐ฅ๐ข๐ญ๐ฒ ๐ญ๐ž๐œ๐ก ๐ฌ๐ฉ๐š๐œ๐ž and highlights Elivaasโ€™ potential to become a leading player in the vacation rental segment.

The deal was led by Nitin Gera (๐’๐ž๐ง๐ข๐จ๐ซ ๐๐š๐ซ๐ญ๐ง๐ž๐ซ), Divya Jyoti Mehra (๐๐š๐ซ๐ญ๐ง๐ž๐ซ), Sajal Jain and Sakshi Barbate (๐€๐ฌ๐ฌ๐จ๐œ๐ข๐š๐ญ๐ž๐ฌ) .