Why Failed Stayzilla ? Stayzilla failed due to a shift in its business model, intense competition from companies like OYO and Airbnb, high operational costs, and challenges in scaling to smaller towns. It burned through cash without securing enough funding to continue. Additionally, heavy marketing expenses and legal troubles further weakened the company's position, leading to its closure in 2017.
๐ช๐ต๐ฎ๐ ๐๐ฒ๐ป๐ ๐๐ฟ๐ผ๐ป๐ด: ๐ช๐ถ๐๐ต ๐ฆ๐๐ฎ๐๐๐ถ๐น๐น๐ฎ?๐๏ธ India had Stayzilla before the world got Airbnb and Oyo. Founded in 2005 initially as Inasra, it was later rebranded as Stayzilla in 2010 in an effort to expand to all districts (Zillas).
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