The Hosteller funding, investors and company details

The Hosteller is an emerging Hotels and Resorts startup from Mumbai, working in the space of Chain of backpacker hostels, providing affordable, standardized accommodations across 55+ locations for young travelers and digital nomads. Founded by Amit Bhola, Pranav Dangi.

Company: The Hosteller Hospitality Private Limited
Sector: Hotels and Resorts
Location: Mumbai
Founders: Amit Bhola, Pranav Dangi

Company overview

The Hosteller operates India's largest chain of backpacker hostels, providing affordable, standardized accommodations across 55+ locations for young travelers and digital nomads. Properties feature clean dorms, secure lockers, common kitchens, cafes, libraries, and female-only spaces, complemented by engaging activities like city tours, movie nights, karaoke, camping, and curated workations. The model emphasizes community-building experiences, online booking for hostels, coliving, buses, events, and premium Bam Hostels with smart tech in tourist hotspots.

Funding rounds

Latest round (Series B): ₹150.00 Cr. ($ 15.72 Mn), 2026-04-16. Investors: ITI Growth Opportunities Fund, V3 Ventures, Merisis Wealth Trust
Past round: ₹48.00 Cr. ($ 5.68 Mn), 2024-11-07. Investors: V3 Ventures, BlackSoil, Harsh Shah, Vedang Patel (The Souled Store), Synergy Capital, Unit-e Consulting LLP, Real Time Angel Fund (Climber Capital), Ice VC
Past round (Series A): $ 4.00 Mn (₹33.50 Cr.), 2024-09-04. Investors: Lets Venture, Angelist