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BACKPACKER HOSTEL CHAIN
ETtech Deals Digest: Startups raise $46 million this week, down 66% on-yearStartups raised around $46 million in the week to 17 February, down 66% from the $135 million secured during the same period last year, acc...
The Hosteller raises Rs 150 crore led by PROMAFT Partners in Series B fundingThe Hosteller has raised ₹150 crore in a Series B funding round led by PROMAFT Partners and V3 Ventures, with participation from ITI Growth...
Backpacker hostel chain The Hosteller raises Rs 48 crore led by V3 VenturesFounded in 2014, it plans to expand from 2,500 to 10,000 beds across India within 18 months, focusing on property expansion and customer ac...
Startups on Trump win; govt’s plan for data centresTrump's return raises hopes for increased funding and tech ties in India's startup ecosystem. This and more in today's ETtech Morning Dispa...
ETtech Deals Digest: Startup funding rises 52% on year to $220 million this weekThis week, startups raised funding through 12 rounds compared to 29 in the year-ago period, when they raised a total of $145 million, accor...
A backpacker hostel chain, The Hosteller raises $4 million from V3 Ventures, othersThe funds will be used for expansion, with the company planning to grow its presence to more than 150 locations across India over the next ...
This mom has gone backpacking to multiple countries with her daughter. She shares her rulebook for safe (budget) trips with other women travellersThe stereotype attached to motherhood has survived for decades, but thousands of moms continue to break the gender-cliche.
Hotels launch special packages, tailored amenities for working professionals“People are fatigued after working within the four walls of their homes. We are getting queries from Hyderabad and Chennai but are only all...
Work life imbalance, the only danger of starting up in GoaRoadhouse Hostels, a chain of backpacker hostels, was cofounded by three alumni of Mayo College — Uday Jhamb, Rajesh Borah and Shubham Garg...
Roadhouse Hostels bags angel round from Indian Angel NetworkThe chain has a presence in Goa and Jaipur and will be adding Dharamshala to its list of properties. It was recently acquired by Softbank-b...
It’s official, OYO acquires its rival ZO RoomsOYO Rooms has completed its acquisition of rival ZO Rooms, building up significant muscle to dominate in a crowded hotel aggregation market.
AccorHotels to run Blue Rock’s Dwarka property under Mercure brand“Every hotel chain is looking for an entry into the religious destinations and industrial hubs which lack good quality hotel rooms,” said R...
Budget hotel aggregator Zo Room’s parent Zostel expands its hostel chain internationallyBackpacking chain Zostel has launched its first international hostel in Vietnam as the company looks to build a global presence
Why investors are putting funds into budget hotels like Stayzilla and OYO RoomsIf startups are to crack the market, they have to solve the rooted challenge of standardising experiences in a highly unorganised market, s...
Vedanta Wake Up plans 100 hotels, eyes Rs 50 crore in venture capital fundingVedanta Wake Up provides affordable accommodation to those young backpacking visitors mainly travelling below a budget of Rs 1,600.
How start-ups like Zostel, OYO Rooms are redefining the travel industryFrom building a network of cobranded hotel properties to curating budget hotels, homestays and hostels, some technology startups are redefi...
How young companies are redefining industry for hotels and travellersFrom building a network of cobranded hotel properties across the country to curating budget hotels, homestays and hostels, a handful of tec...
Backpacker hostel chain Zostel to launch startup incubation programmeBackpacker hostel chain will give out seed funding of up to Rs 10 lakh. Entrepreneurs will have freedom to customise, including hostel name.
Travel startups Zostel, Trip Factory, Oravel clone global businesses to suit tourist interestsThe startups are cloning biz models of successful int'l travel ventures like Expedia, TripAdvisor etc. to suit the business conditions in I...
Backpacker hostel chain Zostel raises Rs 5 crore from angel investmentZostel, a chain of backpacker hostels for young travellers, has raised Rs 5 crore in a first round of funding from Malaysia-based angel inv...