About Piggy Hostels
Piggy Hostels is a company based in Panaji (India) founded in 2019. It functions as an operator of hostel chains. Its Indian entity Piggy Ventures Private Limited reported revenue of ₹47 Lakh. Similar companies include Lemon Tree Hotels, FabHotels and Club Mahindra; 2 of its 3 listed similar companies have raised funding.
Company details
Piggy Hostels, founded in 2019 in Panaji, India. It functions as an operator of hostel chains The company is dedicated to excellence, innovation, and customer satisfaction in its operations. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.
- Headquarters Panaji, India
- Website piggyhostels.com
- Social Facebook
- Legal Name Piggy Ventures Private Limited
- Date of Incorporation 16 May, 2019
- Jurisdiction Mapusa, Goa, India
- Annual Revenue₹47 Lakh
FY 2021 · +55% YoY
- Net Loss-₹10.4 Lakh
FY 2021 · -22% margin
- EBITDA-₹6.6 Lakh
FY 2021 · -14% margin
Associated legal entities of Piggy Hostels
Piggy Hostels operates through Piggy Ventures Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Piggy Ventures Private Limited CIN U55209GA2019PTC013960 | Active | 16 May 2019 | Mapusa, Goa | ₹0.5 Cr | 4 | View details |
Board of directors of Piggy Ventures Private Limited (Piggy Hostels)
Piggy Ventures Private Limited is the primary company behind Piggy Hostels. The board of Piggy Ventures Private Limited currently have 4 directors; the longest-serving is Jose Ryan Agnelo Gomes Prazeres, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jose Ryan Agnelo Gomes Prazeres DIN 07939059 | Director | 16 May 2019 | 7 yrs 5 mo | Piggy Ventures Private Limited |
| Jose Ralph De Fatima Gomes Prazeres DIN 08574768 | Director | 23 Sep 2020 | 6 yrs 1 mo | Piggy Ventures Private Limited |
| Nakul Singh Rajpurohit DIN 08409679 | Director | 15 Jun 2021 | 5 yrs 4 mo | Piggy Ventures Private Limited |
| Navin Kishore DIN 08376516 | Director | 15 Jun 2021 | 5 yrs 4 mo | Piggy Ventures Private Limited |
Financials of Piggy Hostels
Figures of Piggy Ventures Private Limited, the primary company behind Piggy Hostels, for FY 2021. Revenue was ₹47 Lakh (+55% year on year). Net loss was -₹10.4 Lakh (-22% margin). EBITDA was -₹6.6 Lakh (-14% margin).
- ₹47 LakhRevenue · FY 2021 · +55% YoY
- -₹10.4 LakhNet loss · -22% margin
- -₹6.6 LakhEBITDA · -14% margin
- ₹50.1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Piggy Ventures Private Limited are on its company page.
Detailed financial statements for Piggy Hostels
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Similar companies to Piggy Hostels
Piggy Hostels has 3 listed similar companies in our database, 2 of them funded. They include Lemon Tree Hotels, FabHotels and Club Mahindra.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lemontreehotels.com | 2002 | Delhi, India | $128.72M | 771 | A chain of hotels and resorts is operated. | |
| fabhotels.com | 2014 | Gurugram, India | $71.89M | 579 | Online hotel booking platform | |
| clubmahindra.com | 1996 | Mumbai, India | 3,056 | Listings of hotels and restaurants are facilitated via the platform. |
Detailed similar companies of Piggy Hostels
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Frequently Asked Questions about Piggy Hostels
Piggy Hostels was founded in 2019.
Piggy Hostels is headquartered in Panaji, India. It is registered at Panaji, Goa, India.
The primary company behind Piggy Hostels, Piggy Ventures Private Limited, reported revenue of ₹47 Lakh for FY 2021, up 55% year on year.
Piggy Hostels, founded in 2019 in Panaji, India. It functions as an operator of hostel chains The company is dedicated to excellence, innovation, and customer satisfaction in its operations. It continues to evolve, meeting industry challenges with strategic approaches and commitment to quality.
Piggy Hostels's top competitors include Lemon Tree Hotels, FabHotels and Club Mahindra.
Piggy Hostels operates through Piggy Ventures Private Limited.
The legal entities of Piggy Hostels currently have 4 directors, including Nakul Singh Rajpurohit, Jose Ralph De Fatima Gomes Prazeres, Navin Kishore and others.