The Hive Hostels

Mumbai, India Founded: 2019 • Age: 7 yrs
Provider of luxury PG and hostel accommodations
Annual revenue $3.6M Latest available
Total funding $1.4M 1 rounds
Employees 176 Tracked headcount
Investors 12 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About The Hive Hostels

The Hive Hostels is a company based in Mumbai (India) founded in 2019 by Siddharth Agrawal and Bharat Agarwal. The Hive Hostels has raised $1.37 million across 1 funding round from investors including Inc42, Shriram Madhav Nene and Anmol Sood. The company has 176 employees as of August 29, 2025. The Hive Hostels operates in a competitive market with competitors including Your-space, Good Host Spaces, Placio, UniHomes and iQ Student Accommodation, among others.

  • Headquarter Mumbai, India
  • Employees 176 as on 29 Aug, 2025
  • Founders Siddharth Agrawal, Bharat Agarwal
  • Stage Minicorn
  • Sectors
    Real Estate & Construction
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Colstay Private Limited
  • Date of Incorporation 28 May, 2019
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.56 M (USD)
    307.98
    as on Mar 31, 2023
  • Net Profit
    $78.62 K (USD)
    169.94
    as on Mar 31, 2023
  • EBITDA
    $518.77 K (USD)
    312.33
    as on Mar 31, 2023
  • Total Equity Funding
    $1.37 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.37 M (USD), Seed

    Aug 27, 2024

  • Investors
    Inc42

    & 11 more

  • Employee Count
    176

    as on Aug 29, 2025

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People of The Hive Hostels

Headcount 50-200
Employee Profiles 8
Employee Profiles
People
Premlata Gupta
Head Of Human Resources
People
Hemanshu Mehta
Business Development Manager
People
Mayur Padwal
Operations Manager
People
Ravindra Rai
Head Of Operations

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Funding Insights of The Hive Hostels

The Hive Hostels has successfully raised a total of $1.37M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.37 million completed in August 2024. 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.

Investors in The Hive Hostels

The Hive Hostels has secured backing from 12 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Inc42, Shriram Madhav Nene and Anmol Sood.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Private equity and hedge fund focused on long/short equity strategies
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Investments in Indian Small and Medium Enterprises across manufacturing and services sectors.
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Delivers financial, trading, hedging, and risk management services to businesses and investors.
Locked Locked Locked
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Investor details for The Hive Hostels

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Investments & Acquisitions by The Hive Hostels

Investments
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Investment portfolio details for The Hive Hostels

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Financial Statements - The Hive Hostels

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Detailed financials for The Hive Hostels

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The Hive Hostels Comparisons

The Hive Hostels Primary company
Description
Provider of luxury PG and hostel accommodations
Location
Mumbai, India
Founded Year
2019
Annual Revenue
$3.56 M (USD)
Net Profit
$78.62 K (USD)
EBITDA
$518.77 K (USD)
Employees
176
As of 2025
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Peer comparison for The Hive Hostels

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Competitors of The Hive Hostels

The Hive Hostels 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 Your-space, Good Host Spaces, Placio, UniHomes and iQ Student Accommodation, among others.

Company Name Domain Founded year HQ Location Description
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Co-living accommodations including hostels and PGs are provided for students.
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Student housing and recreational facilities are developed for educational institutions.
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Platform for booking verified student housing near universities worldwide.
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Accommodation discovery for students is facilitated through an online platform.
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Student co-living accommodations are provided through an online platform.
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Managed co-living spaces for student accommodation are provided.
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Detailed competitors of The Hive Hostels

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Latest news on The Hive Hostels

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Complete news archive for The Hive Hostels

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Frequently Asked Questions about The Hive Hostels

The Hive Hostels was founded in 2019 and raised its 1st funding round 5 years after it was founded.

The Hive Hostels is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

The Hive Hostels is a funded company, having raised a total of $1.37M across 1 funding round to date.

As of Aug 29, 2025, the latest employee count at The Hive Hostels is 176.

Annual revenue of The Hive Hostels is $3.56M as on Mar 31, 2023.

The Hive Hostels was established in 2019 in Mumbai, India, within the co-living and hospitality sector. Accommodations focused on luxury PG and hostel options are offered to students, emphasizing community-based living arrangements. Services include modern facilities tailored for educational environments, with operations centered in urban Indian locations. Expansion efforts are underway, backed by revenue from current sites, to address student housing needs across the country.

The Hive Hostels's top competitors include Your-space, Oxfordcaps and Good Host Spaces.

The Hive Hostels has 12 investors. Key investors include Inc42, Shriram Madhav Nene, Anmol Sood, Sahil Vachani, and Anchorage Capital Group.

The valuation of The Hive Hostels is $13.24M as of Aug 2024.

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