Who founded Thehosteller?

Thehosteller was founded by Pranav Dangi.

Who are Thehosteller's investors?

Thehosteller's investors include JITO Angel Network, V3 Ventures.

Thehosteller

6 known investors

The Hosteller is an Indian self-operated backpacker hostel chain running 70+ properties across 13 states.

Also known as Bam Hostels · The Hosteller · The Hosteller Hospitality Private Limited

Founders & leadership

Pranav DangiinFounder

Investors · 6

JITO Angel NetworkMumbai · $67K – $5M

V3 VenturesLondon · $1M – $5M

Also in the syndicate · 4

ITI Growth Opportunities FundMerisis Wealth TrustPROMAFT Partnersleadundisclosed family offices

Company profile

researched Aug 2026

The Hosteller, operated by The Hosteller Hospitality Private Limited, is a self-managed backpacker hostel chain in India. Its consumer offering covers budget dormitory and private-room hostel stays, "workation" packages, co-living/long-stay options, curated travel experiences and events, a membership programme and an in-house bus/travel service. It also runs a premium sub-brand, Bam Hostels, and its website references sister ventures Glu and Unbox.

The network spans mountain, beach, heritage, jungle and city destinations including Goa, Kasol, Coorg, Lonavala, Udaipur, Jaipur, Jodhpur, Munnar, Wayanad, Gokarna, McLeodganj, Nainital, Dharamshala, and metro locations such as Bengaluru, Delhi, Hyderabad and Gurgaon, with nightly rates advertised from roughly ₹345 upwards. Public profiles describe more than 65 hostels (mid-2026) and 75+ properties across 13-plus Indian states, with cumulative guests of over 2 million travellers and stated ambitions to build the largest backpacker brand in Asia.

The company is a DPIIT-recognised startup registered in Mumbai (CIN U55101MH2014PTC350259), incorporated on 29 November 2014 in Rajasthan and later shifted to the RoC Mumbai. Reported standalone revenue was ₹73.01 crore in FY2025, about 48% higher year over year.

Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported

Bed capacity growthApr 202670 % YoY

Cumulative travellers hostedApr 20262,000,000 travellers

Employees (EPFO data cited)Jan 2026375 employees

Hostels operatedJul 202665 hostels

Open charge with BlackSoil Capital Private LimitedMar 2025160,000,000 INR

Paid-up capitalJan 2026₹32.91–33.47 Lakh (sources vary)

Properties / hostelsApr 202675 hostels

Properties added in trailing 12 monthsApr 202630 properties

Revenue (FY2025, standalone, per TheCompanyCheck)Jan 2025730,100,000 INR

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 3

launches, deals, and filings

May 2026

Co-branded campaign with fashion retailer TRENDS

The Hosteller partnered with fashion retailer TRENDS on a co-branded campaign linking travel and fashion for young Indian consumers.

source ↗

Apr 2026

Target of 25,000 beds within 36 months

The company added 30+ properties in the trailing 12 months and stated a target of 25,000 beds nationwide within 36 months; Series B proceeds earmarked for property and geographic expansion, operational strengthening, platform development and brand building.

source ↗

Nov 2021

Pre-Series A round of about $1 million

The Hosteller raised approximately US$1 million in a pre-Series A round.

$1M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 5

primary sources listed

Thehostellerthehosteller.com · web

5 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Thehosteller do?: The Hosteller is an Indian self-operated backpacker hostel chain running 70+ properties across 13 states.
Who founded Thehosteller?: Thehosteller was founded by Pranav Dangi.
Who are Thehosteller's investors?: Thehosteller's investors include JITO Angel Network, V3 Ventures.