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.
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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.
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Legal Name
:
goStops Hospitality Pvt Ltd
Headquarters
:
New Delhi, Delhi, India
Founding Date
:
30th Aug 2013
No. of Employees
:
151 to 250
Core Team
:
1.
Pankaj Parwanda
Co-Founder
2.
Pallavi Agarwal
Co-Founder & CEO
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Aug | Company Incorporation
Mar | Started Generating Revenue
true
Apr | Key Customer Milestone
PMF Established
Apr | Key Customer Milestone
Business Model and GTM Validated and Finalised
Aug | Raised Funding
Raised First round of external capital
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
Investors
:
2.
Chandigarh Angels Network
Detail Round Breakdown
Round 1
Round 2
Round 3
Round 4