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Yogendra Vasupal

Co-founder and CEO at Stayzilla

Yogendra Vasupal is the co-founder and CEO of Stayzilla, an online marketplace for homestays and alternative accommodations in India. Here are some key details about him:

Background and Career

  • Yogendra founded Stayzilla (originally called Inasra Technologies) in 2005.2
  • He served as the CEO of Stayzilla from its founding in 2006 until 2017 when the company halted operations.1
  • Stayzilla was based in Chennai, India.1

About Stayzilla

  • Stayzilla aimed to become India's largest online marketplace for various types of accommodations, including homestays, guesthouses, and hotels.1
  • At its peak, Stayzilla had over 15,000 properties listed across 1,100 cities in India.2
  • The company raised $33.5 million in funding over its lifetime.2

Challenges and Shutdown

  • In February 2017, Yogendra announced that Stayzilla would halt operations and look to "reboot with a different business model".3
  • He cited challenges like high operational costs and losing focus on the company's core mission as reasons for the shutdown.23

Legal Issues

  • In March 2017, Yogendra was arrested in Chennai on charges of fraud related to unpaid dues to an advertising agency.45
  • His arrest sparked controversy in the Indian startup community, with many tech leaders writing to the government in protest.4
  • After about a month in jail, Yogendra was granted bail in April 2017.45

Yogendra Vasupal's experience with Stayzilla, from its founding to its eventual shutdown and his subsequent legal troubles, became a widely discussed case in India's startup ecosystem.

Highlights

Stayzilla CEO Yogendra Vasupal gets bail - The Hindu BusinessLine
Apr 11 · ndtv.com
Stayzilla Founder Yogendra Vasupal, Whose Arrest Angered Tech ...
Mar 15 · yourstory.com
The Ides of March strikes Stayzilla's Yogendra Vasupal with vodoo ...
Feb 23 · blog.stayzilla.com
Stayzilla will reboot its operations | by Yogendra Vasupal

Related Questions

What challenges did Stayzilla face during its operation?
How did Stayzilla differentiate itself from competitors?
What was the impact of Stayzilla's reboot on its team?
How did Stayzilla's business model evolve over time?
What are Yogendra Vasupal's future plans for Stayzilla?
Yogendra Vasupal
Yogendra Vasupal, photo 1
Yogendra Vasupal, photo 2
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Location

Chennai, Tamil Nadu, India