# GoStops Hospitality Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gostops-hospitality-pvt

- Industry: Internet
- Headquarters: New Delhi, India
- Website: www.gostops.com
- Total disclosed funding: $4M
- Latest round: Series A (Mar 11, 2025)
- Investors on record: 7

## About

GoStops Hospitality Pvt. Ltd. is a hospitality company specializing in budget-friendly hostel accommodations, aiming to create vibrant communities for young travelers and adventurers across India.Founded in 2014 and headquartered in New Delhi, India, GoStops Hospitality Pvt. Ltd. focuses on providing affordable lodging options for backpackers and solo adventurers. The company was co-founded by Pallavi Agarwal and Pankaj Parwanda. GoStops has raised a total of INR 350 million in Series A funding, with the latest round occurring on March 11, 2025, backed by investors including Blume Ventures and 1Crowd.GoStops primarily operates in the hospitality sector by offering budget-friendly accommodations targeted at young travelers, backpackers, and solo adventurers. They provide a chain of hostels located in popular destinations across India, including Rishikesh, Udaipur, and Goa. The hostels offer dormitory-style and private rooms, communal spaces for social interactions, and organized activities aimed at enhancing the travel experience, catering to both domestic and international tourists.In the most recent year of 2023, GoStops generated revenue amounting to INR 3,869,705.70, with an EBITDA of -INR 1,037,431.80.In March 2025, GoStops Hospitality Pvt. Ltd. raised INR 350 million in Series A funding, co-led by Blume Ventures and 1Crowd, with participation from multiple investors. The company plans to utilize this funding to enhance its technology, fortify operations, and improve social and experience elements across its properties. Specific plans include expanding into new markets and geographic regions, although details on those specific markets have not yet been disclosed.

## Funding rounds

- Series A, Mar 11, 2025, $4M — Indian Angel Network, Mumbai Angels, Blume Ventures, The Chennai Angels, Lead Invest, 1Crowd, Yuj Ventures

## Investors

- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Series A
- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Series A
- Blume Ventures (https://capitalatlas.ai/funds/blume-ventures) — Series A
- The Chennai Angels (https://capitalatlas.ai/funds/the-chennai-angels) — Series A
- Lead Invest (https://capitalatlas.ai/funds/lead-invest) — Series A
- 1Crowd (https://capitalatlas.ai/funds/1crowd) — Series A
- Yuj Ventures (https://capitalatlas.ai/funds/yuj-ventures) — Series A
