About Zostel
Zostel is a company based in Gurugram (India) founded in 2013 by Dharamveer Singh Chouhan and Chetan Singh Chauhan.. 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 as of May 31, 2025. Zostel operates in a competitive market with competitors including MakeMyTrip, Ixigo, Traveloka, Expedia and Cleartrip, among others.
- Headquarter Gurugram, India
- Employees 5 as on 31 May, 2025
- Founders Dharamveer Singh Chouhan, Chetan Singh Chauhan
- 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.81 M (USD)
in 3 rounds
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Latest Funding Round
$13.83 M (USD), Series A
Jul 15, 2015
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Investors
Orios Venture Partners
& 14 more
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Employee Count
5
as on May 31, 2025
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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 Total Funding
- Total Rounds 3
- Last Round Series A — $13.8M
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First Round
First Round
(09 May 2014)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2015 | Amount | Series A - Zostel | Valuation | Tiger Global Management | |
| Apr, 2015 | Amount | Seed - Zostel | Valuation | Zishaan Hayath , Abhishek Jain | |
| May, 2014 | Amount | Angel Round - Zostel | Valuation | Presha Paragash |
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| 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 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. 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 and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage investments
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Founded Year | Domain | Location | |
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Growth capital is provided to companies in China by SAIF Partners.
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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 Zostel
| 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 - Zostel
| 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 |
Zostel Comparisons
Competitors of Zostel
Zostel 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 MakeMyTrip, Ixigo, Traveloka, Expedia and Cleartrip, 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 |
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| domain | founded_year | HQ Location |
Online bookings for flights, hotels, and travel packages are facilitated.
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| domain | founded_year | HQ Location |
Online platform providing multiple travel booking services
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| domain | founded_year | HQ Location |
Multiple travel services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
Online platform for booking multiple travel services
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| domain | founded_year | HQ Location |
App-based platform for booking multiple categories of travel services
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| domain | founded_year | HQ Location |
Travel services such as flights and hotels are booked online.
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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 Zostel
Frequently Asked Questions about Zostel
When was Zostel founded?
Zostel was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Zostel located?
Zostel is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Who is the current CEO of Zostel?
Dharamveer Singh Chouhan is the current CEO of Zostel. They have also founded this company.
Is Zostel a funded 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 09, 2014.
How many employees does Zostel have?
As of May 31, 2025, the latest employee count at Zostel is 5.
What does Zostel do?
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.
Who are the top competitors of Zostel?
Zostel's top competitors include MakeMyTrip, Ixigo and Traveloka.
Who are Zostel's investors?
Zostel has 15 investors. Key investors include Orios Venture Partners, Tiger Global, Rajalakshmi Raghunathan, Ritesh Samadhiya, and Ashish Goenka.
What is Zostel's valuation?
The valuation of Zostel is $55.86M as of Jul 2015.