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ICanStay - About the company

ICanStay is a seed company based in Gurugram (India), founded in 2015 by Akshay Soni, Avneet Soni, Sureshta Soni and Vibha Soni. It operates as an Online platform to book luxury hotel stays. ICanStay has raised $947K in funding, with a current valuation of ₹*****. The company has 86 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like RedDoorz, Design Hotels and SwagStay.

Company Details

ICanStay is an online platform to book luxury hotel stays. Travelers can buy the voucher available on the online platform & redeem the voucher at the partnered premium hotels/stays listed on the platform. Alternatively, users can also create a wishlist of premium hotels & receive notifications as per the availability.
Social
XFacebook
Email ID
*****@icanstay.com
Registered Address
3 BASEMENT, INDER ENCLAVE, PEERAGARGHI OPPOSITE METRO PILLAR NO. 316, ROHTAK RO, AD, West Delhi, NEW DELHI, Delhi, India, 110087
Key Metrics
Founded Year
2015
Location
Gurugram, India
Stage
Seed
Total Funding
$947K in 3 rounds
Latest Funding Round
Post Money Valuation
₹***** as on May 18, 2018
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
5 as on Aug 31, 2026
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ICanStay's funding and investors

ICanStay has raised a total funding of $947K over 3 rounds. Its first funding round was on Nov 23, 2015. Its latest funding round was a Angel round on Apr 16, 2018 for $*****. 1 investor participated in its latest round. ICanStay has 4 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of ICanStay:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 16, 2018
7831312
Angel
4768503
3396550
3897281
6204511
Apr 21, 2017
1114525
Seed
5228386
8847059
8763763
Nov 23, 2015
7065113
Seed
3800613
4722895
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ICanStay's founders and board of directors

Founder? Claim Profile
The founders of ICanStay are Akshay Soni, Avneet Soni, Sureshta Soni and Vibha Soni.
Here are the details of ICanStay's key team members:

ICanStay's Board of Directors

ICanStay's board has 3 active members. Akshay Soni, Avneet Soni and Puneet Gupta are part of team.
Here is the list of ICanStay's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 0m
Team
-
Current
11y 0m
Team
-
Current
8y 6m

ICanStay's employee count trend

ICanStay has 5 employees as of Aug 26. Here is ICanStay's employee count trend over the years:
Employee count trend for ICanStay
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ICanStay's Competitors and alternates

Top competitors of ICanStay include RedDoorz, Design Hotels and SwagStay. Here is the list of Top 10 competitors of ICanStay, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for RedDoorz
RedDoorz
2015, Singapore (Singapore), Series C
Chains providing lodging accommodations with online booking and search functionality
$140M
73/100
2nd
Logo for Design Hotels
Design Hotels
1993, Berlin (Germany), Public
Online platform to discover luxury boutique hotels worldwide
-
47/100
3rd
Logo for SwagStay
SwagStay
2020, Nagpur (India), Unfunded
Online agency to book hotels
-
-
43/100
4th
Logo for MGV
MGV
2020, Noida (India), Unfunded
App-based hotel accommodation booking platform
-
-
36/100
5th
Logo for INNsight
INNsight
1998, Mumbai (India), Unfunded
Online marketplace for accommodation bookings
-
-
36/100
6th
Logo for ICanStay
ICanStay
2015, Gurugram (India), Seed
Online platform to book luxury hotel stays
$947K
34/100
7th
Logo for Paperplane
Paperplane
2025, Nashik (India), Unfunded
Provider of travel booking services for families seeking vacation accommodation
-
-
34/100
8th
Logo for Hoteldekho
Hoteldekho
2015, Jaipur (India), Unfunded
Online marketplace for hotel bookings
-
-
33/100
9th
Logo for Avathi
Avathi
2019, Bengaluru (India), Unfunded
Online platform for booking hotel accommodations
-
-
31/100
10th
Logo for World Choice Hotels
World Choice Hotels
2015, Delhi (India), Unfunded
Website to book hotels and homestays
-
-
31/100
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ICanStay's Latest cap tables and shareholding

Founders (largest shareholder) own 63.86%, Funds own 9.48%, Enterprises own 9.58% and Angels own 1.21%. The net worth of ICanStay's founders is INR 26Cr as of May 18, 2018.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
63.86%
26Cr
2686480
5636136
9920485
9804167
4492295
6361471
7615457
3999527
9907475
5988057
Fund
9.48%
3.86Cr
3998122
9018738
4019540
7229903
Enterprise
9.58%
3.9Cr
4322263
3986661
1558680
6547456
Angel
1.21%
49.1L
6
4
6
1
3
3
2
2
1
2
Other People
15.85%
6.45Cr
5512628
1545388
6246633
4310438
Total
99.98%
40.7Cr
8049614
7566653
8155112
1831330
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of ICanStay's Shareholding

ICanStay's Investments and acquisitions

ICanStay has made no investments or acquisitions yet.

Reports related to ICanStay

Here is the latest report on ICanStay's sector:

News related to ICanStay

•
SBI credit cards partners with icanstay.comNewsBarons•Jan 18, 2018•SBI Card, ICanStay
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