goSTOPS is India’s fastest growing backpacker hostel brand co-founded by Pallavi Agarwal and Pankaj Parwanda. It is a full-stack operator brand that leases and transforms budget hotels and operates them as backpacker hostels. See more

Basic Information

goSTOPS is India’s fastest growing backpacker hostel brand co-founded by Pallavi Agarwal and Pankaj Parwanda. The company today has a geographical footprint in some of the major tourist spots in the country such as Agra, Alleppey, Amritsar, Bir, Dalhousie, New Delhi, Fort Kochi, Goa, Jaipur, Leh, Manali, Mcleodganj, Mumbai, Munnar, Mussoorie, Naggar, Palampur, Rishikesh, Udaipur, and Varanasi. goSTOPS has hosted more than 500,000 travellers across its 27 destinations. The audience comprises of a cross-section of solo travellers, group travellers, backpackers, seeking stay or work from hostel options. It is a full-stack operator brand that leases, transforms budget hotels & operates them as backpacker hostels. In 2021, goSTOPS launched goEXPERIENCES that offers curated trips designed by experts around chosen activity, like cycling, trekking, multi-adventure, etc. goSTOPS aim is to focus on the cultural revolution catering to Gen-Z & create an accommodation brand they call their own. See more

Legal Name

:

goStops Hospitality Pvt Ltd

Headquarters

:

New Delhi, Delhi, India

Business Model

:

B2C, 

D2C 

Founding Date

:

30th Aug 2013

No. of Employees

:

151 to 250

Core Team

:
1.

Pankaj Parwanda

Co-Founder

2.

Pallavi Agarwal

Co-Founder & CEO

Timeline
2013
true
Aug | Company Incorporation
2014
Mar | Started Generating Revenue
2017
true
Apr | Key Customer Milestone
PMF Established

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Target Market

B2C

Youth (18-35 years old) that takes at least 1 trip / year

User Age

:

18 to 25, 26 to 34

User Income

:

Lower Income, Lower-middle Income, Upper-middle Income

Location

:

India

Funding

Investors

:

1.

Nitish Mittersain

2.

Chandigarh Angels Network

3.

Yuj Ventures

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Detail Round Breakdown

Round 1
Round 2
Round 3
Round 4

$250k

Series Name

:

SEED

Date

:

16th Aug 2019