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NightStay - About the company

NightStay is an acquired company based in Noida (India), founded in 2014 by Asad Khan and Sami Khan. It operates as an App-based platform for last minute hotel booking. NightStay has raised $849K in funding from Bedrock Ventures and Dhampur Green, with last known valuation of $*****. The company has 3 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like HotelsAroundYou, RoomsTonite and Sorted.

Company Details

App-based platform for last minute hotel booking. Users can book the accommodations through the platform by providing location, traveler details, payment details, and more. All bookings are for the same day and non-refundable. Hotels can choose to remain anonymous to avoid brand dilution. Claims to personally visit all the hotels on the platform before listing, lists after ensuring best price across other online platforms.
Social
XFacebook
Email ID
*****@nightstay.in
Phone Number
+91 **********
Registered Address
FLAT NO 301,H.NO 3 THIRD FLOOR ASHIANA APARTMENT JOGABAI JAMIA NAGAR, OKHLA, South Delhi, NEW DELHI, Delhi, India, 110025
Key Metrics
Founded Year
2014
Location
Noida, India
Stage
Acquired
Total Funding
$849K in 3 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jul 03, 2018
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2018
Employee Count
6 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Paytm (Jul 03, 2018)

NightStay's acquisition details

NightStay got acquired by Paytm on Jul 03, 2018 at an acquisition amount of $*****.
Click here to take a look at NightStay's acquisition in detail
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NightStay's funding and investors

NightStay has raised a total funding of $849K over 3 rounds. Its first funding round was on May 08, 2015. Its latest funding round was a Seed round on Jan 29, 2018 for $*****. 2 investors participated in its latest round. NightStay has 9 institutional investors and 27 angel investors.

Here is the list of recent funding rounds of NightStay:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 29, 2018
4214683
Seed
1882822
9584889
3487331
9509186
Nov 07, 2016
1456877
Seed
2351663
9357960
8776523
May 08, 2015
5650298
Seed
9935595
3687256
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NightStay's founders and board of directors

Founder? Claim Profile
The founders of NightStay are Asad Khan and Sami Khan.
Here are the details of NightStay's key team members:

NightStay's Board of Directors

NightStay's board has 1 active member. Nasr Khan is part of team.
Here is the list of NightStay's board of directors:
Name
Type
Representing
Status
Duration
zepeiol
Team
-
Past
5y 7m
nmbywqb
Team
-
Past
7y 7m
xmlptlo
Team
-
Past
4y 9m
okygxaz
Team
-
Past
3y 3m

NightStay's employee count trend

NightStay has 6 employees as of May 26. Here is NightStay's employee count trend over the years:
Employee count trend for NightStay
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NightStay's Competitors and alternates

Top competitors of NightStay include HotelsAroundYou, RoomsTonite and Sorted. Here is the list of Top 10 competitors of NightStay, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for NightStay
NightStay
2014, Noida (India), Acquired
App-based platform for last minute hotel booking
$849K
51/100
2nd
Logo for HotelsAroundYou
HotelsAroundYou
2013, Mumbai (India), Deadpooled
Marketplace for same-day unsold hotel rooms
-
33/100
3rd
Logo for RoomsTonite
RoomsTonite
2014, Bengaluru (India), Seed
Last-minute hotel booking mobile app
$1.5M
-
26/100
4th
Logo for Sorted
Sorted
2016, Mumbai (India), Unfunded
Last-minute hotel booking mobile app
-
-
24/100
5th
Logo for HotelShift
HotelShift
2014, Delhi (India), Deadpooled
HotelTonight for India
-
-
21/100
6th
Logo for Bid Tonit
Bid Tonit
2015, Hyderabad (India), Deadpooled
Auction-based last minute hotel room booking app
-
-
15/100
7th
Logo for RushGuest
RushGuest
2013, Bengaluru (India), Deadpooled
Provider of last minute hotel bookings of unsold inventory for consumers
-
-
15/100
8th
Logo for CountDown
CountDown
2015, Delhi (India), Deadpooled
Upcoming last minute hotel booking platform
-
-
15/100
9th
Logo for Radon hotels
Radon hotels
2019, Nainital (India), Deadpooled
Online budget hotel booking platform
-
-
15/100
10th
Logo for Last Minute Keys
Last Minute Keys
2015, Mumbai (India), Deadpooled
Mobile-based marketplace for last-minute hotel deals
-
-
15/100
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NightStay's Latest cap tables and shareholding

Founders (largest shareholder) own 57.32%, Funds own 24.20%, Enterprises own 0.00% and Angels own 18.52%. The net worth of NightStay's founders is INR 6.95Cr as of Mar 06, 2018.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
57.32%
6.95Cr
4013510
3222620
9132469
9187847
Fund
24.20%
2.93Cr
2447699
1669166
8810841
6588823
1693548
9739182
8569050
4234706
3419465
2059046
Enterprise
-
0
0
0
0
0
Angel
18.52%
2.24Cr
1979856
3639995
9510277
4074774
65
77
94
15
35
90
2
3
7
4
7
1
1
6
1
6
3
7
0
0
0
0
0
0
Total
100.00%
12.1Cr
3806706
9502192
8050932
7050058
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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 NightStay's Shareholding

NightStay's Investments and acquisitions

NightStay has made no investments or acquisitions yet.

Reports related to NightStay

Here is the latest report on NightStay's sector:

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