About The Hosteller
The Hosteller is a company based in Mumbai (India) founded in 2015 by Pranav Dangi. The Hosteller has raised $9.64 million across 11 funding rounds from investors including Angel List, BlackSoil and LetsVenture. The company has 375 employees as of October 06, 2024. The Hosteller offers products and services including Hostel Bookings, Workation Packages, and Group Events. The Hosteller operates in a competitive market with competitors including goSTOPS, Hostels World, WudStay, BackpackerPanda and Roadhouse Hostels, among others.
- Headquarter Mumbai, India
- Employees 375 as on 06 Oct, 2024
- Founders Pranav Dangi
- Stage Minicorn
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Sectors
Travel & Hospitality
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Email
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Phone
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Website
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Social
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- Legal Name The Hosteller Hospitality Private Limited
- Date of Incorporation 29 Nov, 2014
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$2.72 M (USD)129.64as on Mar 31, 2023
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Net Profit
-$365.96 K (USD)-115.48as on Mar 31, 2023
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EBITDA
-$115.55 K (USD)-47.78as on Mar 31, 2023
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Total Equity Funding
$9.64 M (USD)
in 11 rounds
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Latest Funding Round
Not available
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Investors
Angel List
& 72 more
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Employee Count
375
as on Oct 06, 2024
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Products & Services of The Hosteller
The Hosteller offers a comprehensive portfolio of products and services, including Hostel Bookings, Workation Packages, and Group Events.
Online system for reserving backpacker hostels in various locations
Packages combining work and stay in adventure destinations
Services for organizing group stays and activities
People of The Hosteller
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Funding Insights of The Hosteller
The Hosteller has successfully raised a total of $9.64M across 11 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.
Investors in The Hosteller
The Hosteller has secured backing from 73 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Angel List, BlackSoil and LetsVenture.
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Investments are directed by V3 Ventures toward early-stage consumer startups.
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Early-stage tech startups are supported via investments and advisory services.
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Minority stakes are invested in early-growth stage companies.
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Investor details for The Hosteller
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Investments & Acquisitions by The Hosteller
Investment portfolio details for The Hosteller
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Financial Statements - The Hosteller
Detailed financials for The Hosteller
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The Hosteller Comparisons
Peer comparison for The Hosteller
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Competitors of The Hosteller
The Hosteller 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 goSTOPS, Hostels World, WudStay, BackpackerPanda and Roadhouse Hostels, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Hostel accommodations and curated travel experiences are provided for backpackers.
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Online booking platform for hostels
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WudStay provides an online platform for booking PG and hostel accommodations tailored to students and travelers.
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An online chain of backpackers hostels is operated for travelers.
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Serves as an online aggregator for backpack hostels.
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Detailed competitors of The Hosteller
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Latest news on The Hosteller
Complete news archive for The Hosteller
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Frequently Asked Questions about The Hosteller
The Hosteller was founded in 2015 and raised its 1st funding round 3 years after it was founded.
The Hosteller is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Pranav Dangi is the current CEO of The Hosteller. They have also founded this company.
The Hosteller is a funded company, having raised a total of $9.64M across 11 funding rounds to date.
As of Oct 06, 2024, the latest employee count at The Hosteller is 375.
Annual revenue of The Hosteller is $2.72M as on Mar 31, 2023.
The Hosteller was founded in 2015 in Mumbai, India, as an online platform in the travel and hospitality sector. Bookings for hostel stays are facilitated through the submission of location preferences, user information, payment details, and desired dates. Reviews from past stays are also collected and displayed. Operations focus on connecting travelers with affordable lodging options across various locations.
The Hosteller's top competitors include goSTOPS, Hostels World and WudStay.
The Hosteller offers Hostel Bookings, Workation Packages, and Group Events.
The Hosteller has 73 investors. Key investors include Angel List, BlackSoil, LetsVenture, We Founder Circle, and WLDD.
The valuation of The Hosteller is $17.27M as of Sep 2023.