Fundz

GoStops raised ₹35 crore (approximately $4.2 million) in a funding round led by Blume Ventures to expand its hostel capacity from 2,500 to 10,000 beds across 100 locations.

PRIVATEMar 11, 2025

Amount Raised

$4.2 Million

Round Type

Seed

New DelhiHospitalityLeisureHotelTravel

Investors

Mumbai AngelsBlume VenturesYuj VenturesLead AngelsIndian Angel NetworkChennai Angels1Crowd

Description

Travel hostel startup GoStops has successfully secured ₹35 crore in funding to strengthen operations and technology. The investment will primarily focus on expanding to new hostel properties by converting existing hotels into hostels.

Quick answer

GoStops raised $4.2 Million in a Seed round, dated March 11, 2025. Investors: Mumbai Angels, Blume Ventures, Yuj Ventures, Lead Angels, Indian Angel Network, Chennai Angels and 1Crowd. GoStops is based in New Delhi, Delhi, India.

How much did GoStops raise?
GoStops raised $4.2 Million in a Seed round on March 11, 2025.
Who invested in GoStops?
Mumbai Angels, Blume Ventures, Yuj Ventures, Lead Angels, Indian Angel Network, Chennai Angels and 1Crowd are named as investors in this round.
What does GoStops do?
GoStops is a travel hostel startup founded in 2014 by Pallavi Agarwal and Pankaj Parwanda.
Where is GoStops based and how big is it?
GoStops is based in New Delhi, Delhi, India. Fundz records about 197 employees.
Who are the decision-makers at GoStops?
Fundz holds 1 contact at GoStops. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Hospitality and Leisure around the same time

Companies in the same sectors as GoStops that raised within 45 days of this round, from Fundz verified event records.

  • Wynn Resorts raised $2.4B (Debt Financing) on February 6, 2025.
  • Roamr raised $2.3M (Pre-Seed) on April 22, 2025.
  • ParkBooker.com raised $600K (Pre-Seed) on February 17, 2025.
  • Rimigo raised $550K (Pre-Seed) on April 25, 2025.
  • Sun Country Airlines Holdings raised $75M (Funding Round) on April 14, 2025.
  • Diamo raised $4M (Seed) on April 9, 2025.

Who to call at GoStops, and when

A new round usually means GoStops is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day GoStops raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at GoStops, from your own LinkedIn network

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Company Information

Company

GoStops

Location

New Delhi, Delhi, India

About

GoStops is a travel hostel startup founded in 2014 by Pallavi Agarwal and Pankaj Parwanda. The company specializes in transforming existing hotels into hostels to meet the growing demand for affordable accommodation in India. Their target demographic primarily consists of young travelers aged 18 to 35. GoStops currently operates in over 30 locations across various states in India.

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GoStops raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.