Company Research Report: Silkhaus

Company Overview

Name

Silkhaus

Mission of the Company

Silkhaus exists to empower immersive nomadic experiences by providing business and leisure travelers with a "home away from home."

Founding Information

Founded: 2021

Founders: Aahan Bhojani and Ashmin Varma

Key People

CEO: Aahan Bhojani

COO: Ashmin Varma

Headquarters

Level 5, One JLT Tower, Jumeirah Lake Towers, Dubai, UAE

Number of Employees

20 employees

Revenue

No information is available

Company Recognition

Known for digitizing short-term rentals across emerging markets.

Awarded "Most Innovative Company 2023 Middle East" for digitizing short-term rentals.

Products

Product Offerings

Silkhaus provides a tech-enabled platform for short-term rentals, emphasizing high-quality furnished apartments.

High-Level Description

Silkhaus supplies business and leisure travelers with premium short-term rental accommodations. Their platform allows property owners to list and manage multiple or single units with a significant increase in revenue yield.

Key Features of Each Product

Furnished Apartments

High-Speed WiFi: Reliable internet connectivity for work and leisure.

Beautiful Workspaces: Aesthetically pleasing and functional work areas.

Bathroom Essentials: Fully-equipped bathrooms with necessary amenities.

Fresh Linens: Clean and high-quality linens provided.

Equipped Kitchens: Kitchens stocked with essential appliances and utensils.

Self Check-In: Seamless, keyless entry for ease of access.

Professional Cleaning: Regular, high-standard cleaning services.

Coffee Machine: Access to coffee-making facilities.

Recent Developments

Secured $7.75 million in seed funding in November 2022.

Focused on expanding its market presence across Middle East, North Africa, South Asia, and Southeast Asia.

New Products Launched

No information is available

New Features Added to Existing Products

No information is available

New Partnerships

Collaboration with Airbnb and approximately 60 other distribution channels for property lists.

Invested in by venture capital firms including Nuwa Capital, Nordstar Partners, Global Founders Capital, Yuj Ventures, Whiteboard Capital, and VentureSouq.

In The News

TechCrunch: "Silkhaus gets $7.75M to digitize short-term rentals across emerging markets."

Forbes Middle East: "The platform allows property owners to list multiple or single units on the platform with an average revenue yield increase between 20% and 40%."

Skift: "Following this investment, Silkhaus has said it will accelerate its expansion across the Middle East and North Africa region, as well as in South Asia and Southeast Asia."