About BackpackerPanda
BackpackerPanda is a company based in Pune (India) founded in 2015 by Manoranjan Mandya Srinivasa.. BackpackerPanda has raised $2.25 million across 7 funding rounds from investors including Remonesa Enterprises, Abhishek Agarwal and K V Karthik. BackpackerPanda operates in a competitive market with competitors including Hostels World, goSTOPS, WudStay, Roadhouse Hostels and FindYourPG, among others.
- Headquarter Pune, India
- Founders Manoranjan Mandya Srinivasa
- Stage Minicorn
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Sectors
Travel & Hospitality
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Backpacker Panda Holidays Private Limited
- Date of Incorporation 09 Nov, 2015
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2017
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Net Profit
$-14.81 K (USD)0as on Mar 31, 2017
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EBITDA
$-21.06 K (USD)0as on Mar 31, 2017
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Total Equity Funding
$2.25 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
Remonesa Enterprises
& 30 more
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Employee Count
Employee Count
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Funding Insights of BackpackerPanda
BackpackerPanda has successfully raised a total of $2.25M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Last Round
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First Round
First Round
(15 Sep 2015)
- Investors Count 31
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Series A - BackpackerPanda | Valuation | Abhishek Agarwal , Abhishek Agarwal | |
| Oct, 2019 | Amount | Series A - BackpackerPanda | Valuation | 37.37 North Capital India , Manthan Kumar | |
| Feb, 2018 | Amount | Series A - BackpackerPanda | Valuation | 37.37 North Capital India |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BackpackerPanda
BackpackerPanda has secured backing from 31 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Remonesa Enterprises, Abhishek Agarwal and K V Karthik. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital is invested primarily in India and the US.
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Founded Year | Domain | Location | |
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Private equity investments are made for buyouts and expansions.
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Founded Year | Domain | Location | |
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Develops and sells residential properties with quality construction in Pune.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BackpackerPanda
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BackpackerPanda
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Backpackerpanda Comparisons
Competitors of BackpackerPanda
BackpackerPanda operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hostels World, goSTOPS, WudStay, Roadhouse Hostels and FindYourPG, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online booking platform for hostels
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| domain | founded_year | HQ Location |
Hostel accommodations and curated travel experiences are provided for backpackers.
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| domain | founded_year | HQ Location |
WudStay provides an online platform for booking PG and hostel accommodations tailored to students and travelers.
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| domain | founded_year | HQ Location |
Serves as an online aggregator for backpack hostels.
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| domain | founded_year | HQ Location |
A digital hub for booking hostel accommodations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Backpackerpanda
Frequently Asked Questions about BackpackerPanda
When was BackpackerPanda founded?
BackpackerPanda was founded in 2015.
Where is BackpackerPanda located?
BackpackerPanda is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Is BackpackerPanda a funded company?
BackpackerPanda is a funded company, having raised a total of $2.25M across 7 funding rounds to date. The company's 1st funding round was a Series A of $1.4M, raised on Sep 15, 2015.
What does BackpackerPanda do?
BackpackerPanda was founded in 2015 and is based in Pune, India. Operations are conducted as an online chain of hostels in the hospitality sector, where accommodation is provided to travelers. Facilities include foam mattresses, equipped kitchens, Wi-Fi, laundry services, lockers, televisions, air conditioning, and bicycle rentals. The focus remains on budget options for backpackers across the region.
Who are the top competitors of BackpackerPanda?
BackpackerPanda's top competitors include goSTOPS, Hostels World and WudStay.
Who are BackpackerPanda's investors?
BackpackerPanda has 31 investors. Key investors include Remonesa Enterprises, Abhishek Agarwal, K V Karthik, Sahana S, and Manthan Kumar.
What is BackpackerPanda's valuation?
The valuation of BackpackerPanda is $1.75M as of Mar 2021.
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