The Hosteller Hospitality Private Limited

Business Overview

• Operates under the consumer brand "The Hosteller" — described on its own site as "India's largest backpacker hostel chain" with 70+ (company site) / 75+, Entrackr, Apr-2026, properties across 13+ Indian states.
• Core offering: budget dorm/private-room hostel stays, "workation" packages, co-living/long-stay options, curated travel experiences and events, and an in-house bus/travel service.
• Runs a premium sub-brand "Bam Hostels"
• The company website also references sister ventures "Glu" and "Unbox", relationship to this legal entity not independently verified.
• DPIIT-recognised startup.
• Per Entrackr (Apr 2026): has hosted 20+ lakh travellers cumulatively, added 30+ properties in the trailing 12 months, ~70% YoY growth in bed capacity, and is targeting 25,000 beds nationwide within 36 months. ~375 employees per EPFO data cited by TheCompanyCheck.

Sector & Classification

NIC 55101 embedded in CIN — Hotels/accommodation. Sector described as "Travel & Hospitality — Service Apartments/Hostel Accommodation" (TheCompanyCheck) / "Hotels & Restaurants – Accommodation services" (Falconebiz)

Directors & Key Management

GST Registrations

Primary/confirmed: GSTIN 29AAFCT2095L1ZS (Karnataka, Regular, Active, registered 19-Jul-2022; principal place of business "The 7th Mile Inn Coorg," Kodagu/Madikeri, KA) — directly confirmed on a KnowYourGST individual GSTIN page. PAN across all registrations: AAFCT2095L. Company is stated to hold ~10 GST registrations across multiple states (Delhi, Maharashtra, Tamil Nadu, Kerala, Himachal Pradesh, etc. per aggregated secondary source) consistent with a multi-state hostel operator, but only the Karnataka GSTIN above was independently verified on a primary per-GSTIN page; other individual GSTINs (e.g. a Maharashtra 27AAFCT2095L1ZW and HP 02AAFCT2095L1Z8) were reported by only one aggregator each and are NOT independently confirmed — treat as partial/unverified. Home state (registered office) is Maharashtra.

Financials

• No single source discloses full audited P&L; figures conflict by fiscal year across providers, treat as indicative, standalone basis, not confirmed:
• FY2025, per TheCompanyCheck: Revenue ₹73.01 Cr, ~48% YoY growth. EBITDA/PAT locked behind paywall.
• FY2024 (per Falconebiz): Revenue range ₹25–50 Cr, Falconebiz revenue-band estimate, revenue growth 117.5% YoY, Net Profit Margin 6.6%, Net Worth +26.2% YoY, Borrowings −15.6% YoY, Total Assets +68.4% YoY.
• Exact EBITDA, PAT (₹ value), net worth (₹ value) and borrowings (₹ value) were behind Tofler/Falconebiz paywalls and are "not obtained." Net worth and PAT direction, both positive/growing, is corroborated by two sources but absolute values are not.

Funding History

• CONFIRMED, Entrackr, primary source, corroborated by ET Hospitality/YourStory/Business Line per aggregated search:
• Pre-Series A: ~US$1 million, November 2021.
• Series A: ~US$5.7 million, November 2024.
• Series B: ₹150 crore, ~US$16–18 million, announced ~16 April 2026, co-led by PROMAFT Partners and V3 Ventures
• Other participants ITI Growth Opportunities Fund, Merisis Wealth Trust, and unnamed family offices.
• Reported as "the largest institutional fundraise by a backpacker hostel chain in India." Use of funds: property/geographic expansion, operational strengthening, platform development, brand building.
• No post-money valuation disclosed.

Shareholding

• Not obtained — Tofler's shareholder/shareholding-pattern page for this CIN returned no disclosed cap-table data (locked/premium).
• Founders, Pranav Dangi and co-founders, understood to hold majority pre-Series-B stake with institutional investors, PROMAFT Partners, V3 Ventures, ITI Growth Opportunities Fund, Merisis Wealth Trust, holding minority stakes post rounds, but exact percentages are not disclosed anywhere found.

Loans & Charges

• CONFIRMED — open charge with BlackSoil Capital Private Limited: ₹16 crore, created 28-Mar-2025, corroborated on both Tofler and findgst.in. findgst.in additionally lists a further open charge of ₹5 crore dated 12-Dec-2025, single-source, not cross-verified, and states total open charges of ₹21 Cr / satisfied charges ₹0.
• Charge holder categorised generically as "Others" in filings, no further collateral detail obtained.

Related Parties

• Per Tofler common-director mapping, partial/indicative only, not a full group-structure filing: (1) Alan Scott Industries Limited — 1 common director
• (2) Welfare Association of Backpacker Hostels — 2 common directors, plausibly an industry/trade body linked to founders rather than a financial group entity. No parent/subsidiary relationship disclosed
• Company appears to be an independent, founder-led/VC-backed standalone entity.

Credit Ratings

• None found — no CRISIL/ICRA/CARE rating record located for this entity, CRISIL company-specific page returned 404/not found. Consistent with a VC-funded private company of this size not carrying a public bank-facility rating.

Legal & Compliance

• None found — Indian Kanoon search for "Hosteller Hospitality" returned no case specifically naming this entity as a party, only unrelated generic "hostel"/"hospital" term matches.

Competitive Landscape

• India's organised backpacker/budget-hostel chain segment — named peers, rough scale tags, general market knowledge, not individually source-verified for this report: 1) Zostel — largest/most comparable direct competitor, similar multi-city backpacker hostel network, arguably larger footprint.
• 2) goSTOPS — comparable-scale national hostel chain.
• 3) Moustache Hostels — mid-scale, similar backpacker positioning with stronger heritage-property focus.
• 4) Backpacker Panda — smaller regional chain, similar model.
• 5) Vedanta Wake Up! — boutique/smaller-scale hostel operator.
• Broader adjacent competitive set: branded budget hotel chains, OYO, Treebo, FabHotels, and long-stay/co-living operators, Stanza Living, Zolo, competing for the workation/long-stay segment The Hosteller has expanded into.

Frequently Asked Questions

Sources

Tofler (tofler.in) — identity, capital, DINs, charges, financial ratios. TheCompanyCheck (thecompanycheck.com) — identity/CIN history, financials FY2025, directors, charges detail, employee count. Falconebiz (falconebiz.com) — identity, capital, DIN table, FY2024 financial ratios, related companies, sector. KnowYourGST (knowyourgst.com) — individual GSTIN 29AAFCT2095L1ZS confirmation page. Entrackr (entrackr.com) — Series B funding confirmation (primary business-media source). Company site (thehosteller.com) — business overview, brand/property footprint, logo/domain. Indian Kanoon (indiankanoon.org) — legal search (no hits). CRISIL Ratings site — ratings search (no hits). Aggregated secondary/uncorroborated: broader GSTIN state list, exact authorized-capital figure discrepancy.