About Zostel
Zostel is a Travel & Hospitality company based in Gurugram (India) founded in 2013 by Dharamveer Singh Chouhan and Chetan Singh Chauhan. Backpackers hostels are aggregated online with dormitory accommodations provided. Zostel has raised $14.81 million across 3 funding rounds from investors including Orios Venture Partners, Tiger Global and Rajalakshmi Raghunathan. The company has 5 employees. Zostel was last valued at $55.86 million in July 2015. Its chief executive, as recorded, is Dharamveer Singh Chouhan. Its website zostel.com draws about 703 thousand monthly visits. Its Indian entity Zostel Hospitality Private Limited reported revenue of ₹1.70 Cr. Its focus areas include Consumer, Online Travel, Accommodation and Horizontal. Its competitors include MakeMyTrip, Ixigo and Cleartrip; 3 of its 3 listed competitors have raised funding.
Company details
Zostel was founded in 2013 in Gurugram, India, as an online aggregator in the travel accommodation sector. Dormitory-based lodging is offered to travelers through a chain of hostels equipped with laundry, TV, internet, library, board games, and interactive facilities. Bookings and payments are processed via the platform across various locations worldwide.
- Headquarters Gurugram, India
- Employees 5
- Founders Dharamveer Singh Chouhan, Chetan Singh Chauhan
- Stage Minicorn
- SectorsTravel & Hospitality
- Website category Travel and Tourism · Accommodation and Hotels
- Email••••••••
- Phone•••• ••••
- Website zostel.com
- Social LinkedIn X Facebook
- Legal Name Zostel Hospitality Private Limited
- Date of Incorporation 29 Aug, 2013
- Jurisdiction Jodhpur, Rajasthan, India
- Annual Revenue₹1.70 Cr
FY 2025 · +1% YoY
- Net Profit₹73.1 Lakh
FY 2025 · 43% margin
- EBITDA₹74.7 Lakh
FY 2025 · 44% margin
- Total Equity Funding$14.81M (USD)
in 3 rounds
- Latest Funding Round$13.83M (USD), Series A
Jul 2015
- InvestorsOrios Venture Partners
& 14 more
- Employee Count5
Associated legal entities of Zostel
Zostel is associated with 2 registered companies on The Company Check; the primary company is Zostel Hospitality Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Zostel Hospitality Private Limited CIN U55101RJ2013PTC043614 | Active | 29 Aug 2013 | Jodhpur, Rajasthan | ₹1.7 Cr | 6 | 3 | View details |
| Zoworld Limited CIN U55209RJ2020PLC070322 | Active | 14 Aug 2020 | Jodhpur, Rajasthan | ₹18.7 Cr | 4 | View details |
Funding Insights of Zostel
Zostel has successfully raised a total of $14.81M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $13.83 million completed in July 2015. 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 $14.81M
- Total Rounds 3
- Last Round Series A — $13.83M
- First Round $834,440
(May 2014)
- Investors Count 15
All 3 funding rounds of Zostel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2015 | $13.83M | Series A | $55.86M | Tiger Global Management | |
| Apr 2015 | $145,564 | Seed | $9.9M | Zishaan Hayath, Abhishek Jain | |
| May 2014 | $834,440 | Angel Round | $••••• | Presha Paragash | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2015 | $55.86M | •••••••• |
| Apr 2015 | $9.9M | •••••••• |
| May 2014 | $••••• | •••••••• |
Full valuation and stage history of Zostel
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $55.86M (Jul 2015). 15 investors in total: 3 institutional and 12 angel.
Investors in Zostel
Zostel has secured backing from 15 investors, including venture fund and angel investors. Prominent investors backing the company include Orios Venture Partners, Tiger Global and Rajalakshmi Raghunathan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Venture capital firm focused on early-stage investments | 2013 | oriosvp.com | Mumbai, India | |
Growth capital is provided to companies in China by SAIF Partners. | sbaif.com | Hong Kong, China | ||
RR Rajalakshmi Raghunathan | unknown_606e2170f3714a7f8 | |||
RS Ritesh Samadhiya | unknown_24704d4c3ebd41a1b | |||
AG Ashish Goenka | unknown_895cae5296844306b | |||
GG Gagan Goyal | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_aafaf7dcff3f47129 | ||
ZH Zishaan Hayath | Founder of Toppr, active angel investor in Indian startups | unknown_756534ce83074023b | ||
AJ Abhishek Jain | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_841d90fa28514df89 | ||
RA Rahul Agarwal | unknown_3c8042c3054540c58 |
Investor details for Zostel
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Zostel Hospitality Private Limited (Zostel)
Zostel Hospitality Private Limited is the primary company behind Zostel. The boards of the 2 registered companies of Zostel currently have 4 directors; the longest-serving is Abhishek Bhutra, appointed in 2013. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhishek Bhutra DIN 06648169 | Director | 29 Aug 2013 | 13 yrs 1 mo | Zostel Hospitality Private Limited |
| Chetan Singh Chauhan DIN 06647837 | Director | 14 Aug 2020 | 6 yrs 2 mo | Zoworld Limited, Zostel Hospitality Private Limited |
| Dharamveer Singh DIN 03104683 | Director | 14 Aug 2020 | 6 yrs 2 mo | Zoworld Limited, Zostel Hospitality Private Limited |
| Prajit Mittal DIN 11016807 | Director | 25 Mar 2025 | 1 yr 6 mo | Zoworld Limited |
People of Zostel
2 people are tracked at Zostel (2 in leadership); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
Dharamveer Singh Chouhan | Co-Founder & CEO | Leadership |
| Co-Founder & COO | Leadership |
Complete people profiles for Zostel
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Zostel
Figures of Zostel Hospitality Private Limited, the primary company behind Zostel, for FY 2025. Revenue was ₹1.70 Cr (+1% year on year). Net profit was ₹73.1 Lakh (43% margin). EBITDA was ₹74.7 Lakh (44% margin). Revenue has grown at a compounded annual rate of -31% over three years and -17% over five years.
- ₹1.70 CrRevenue · FY 2025 · +1% YoY
- ₹73.1 LakhNet profit · 43% margin
- ₹74.7 LakhEBITDA · 44% margin
- ₹5.5 LakhPaid-up capital
- 6Employees (provident fund records)
- -31%Revenue CAGR, 3 years
- -17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Zostel Hospitality Private Limited are on its company page.
Detailed financial statements for Zostel
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Zostel
4 dated milestones of Zostel across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Zostel is founded.
- Funding First funding round of $834K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $13.8M.
Competitors of Zostel
Zostel has 3 listed competitors in our database, 3 of them funded. They include MakeMyTrip, Ixigo and Cleartrip.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| makemytrip.com | 2000 | Gurugram, India | $39M | 4,579 | Online bookings for flights, hotels, and travel packages are facilitated. | |
| ixigo.com | 2007 | Gurugram, India | $96.62M | 535 | Online platform providing multiple travel booking services | |
| cleartrip.com | 2005 | Bengaluru, India | $69.5M | 1,168 | App-based platform for booking multiple categories of travel services |
Detailed competitors of Zostel
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Zostel
The website of Zostel (zostel.com) receives about 702.8K visits a month and ranks #43,236 among all websites worldwide, #1,212 in Accommodation and Hotels.
- Monthly visits702.8K
▼ 16.4% vs previous month
- Unique visitors411.6K
per month
- Global rank#43,236
among all websites
- Category rank#1,212
Travel and Tourism · Accommodation and Hotels
- Bounce rate28%
- Pages per visit7.1
- Average visit3 min 48 sec
- DevicesDesktop 31% · Mobile 69%
Websites whose visitors overlap most with Zostel. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| airbnb.co.in | 100% | 8.3M | #3,062 | View details | |
| hostelworld.com | 98% | 7.2M | #7,157 | View details | |
| booking.com | 87% | 596.4M | #49 | View details | |
| agoda.com | 82% | 105.6M | #286 | View details | |
| thehosteller.com | 80% | 844.8K | #52,433 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Zostel
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Online Travel
3 companies that operate in the same segment as Zostel (Online Travel) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Zostel
Complete news archive for Zostel
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Articles about Zostel on our blog
- Top 5 Hospitality Startups in India17 Apr 2020
Frequently Asked Questions about Zostel
Zostel was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Zostel is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Dharamveer Singh Chouhan is the CEO of Zostel, as recorded in our data. They have also founded this company.
Zostel is a funded company, having raised a total of $14.81M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $834.44K, raised on May 2014.
Zostel has 5 employees.
The primary company behind Zostel, Zostel Hospitality Private Limited, reported revenue of ₹1.70 Cr for FY 2025, up 1% year on year.
Zostel was founded in 2013 in Gurugram, India, as an online aggregator in the travel accommodation sector. Dormitory-based lodging is offered to travelers through a chain of hostels equipped with laundry, TV, internet, library, board games, and interactive facilities. Bookings and payments are processed via the platform across various locations worldwide.
Zostel's top competitors include MakeMyTrip, Ixigo and Cleartrip.
Zostel has 15 investors. Key investors include Orios Venture Partners, Tiger Global, Rajalakshmi Raghunathan, Ritesh Samadhiya, and Ashish Goenka.
The valuation of Zostel is $55.86M as of Jul 2015.
Zostel is associated with 2 legal entities: Zostel Hospitality Private Limited, Zoworld Limited.
The legal entities of Zostel currently have 5 directors, including Chetan Singh Chauhan, Dharamveer Singh, Aviral Gupta and others.