goSTOPS, a youth travel hostel brand has raised ₹35 crore ($4.2 million) in a Series A funding round led by Blume Ventures and co-led by 1Crowd.
The round also saw participation from existing investors like Mumbai Angels, Chennai Angels, Indian Angel Network, Lead Angels, and Yuj Ventures.
The funds raised will be used to expand its current capacity of 2,500 beds across various locations to a staggering 10,000 beds in 100 locations over the next 24 months.
The funds will be used to strengthen operations, invest in cutting-edge technology, and enhance the social and experiential aspects of its properties.
Pallavi Agarwal, Founder & CEO at goSTOPS, said, “At goSTOPS, we are redefining how young travellers experience India—offering vibrant, social, and design-led spaces for the new generation. This investment reflects the trust our investors have in our vision and the category we are building. With their continued support, we are set to scale goSTOPS into India’s most preferred youth travel brand—by expanding our footprint while staying true to our promise of making the transformative power of travel accessible to young Indians.”
Ashish Fafadia, Partner at Blume Ventures said, “goSTOPS has built a category-defining brand by combining deep operational expertise, smart asset management, and tech-driven efficiencies. Their ability to optimise unit economics while scaling rapidly is a testament to the team’s tenacity and strategic vision. We are excited to back their journey as they continue to expand and transform the youth travel experience in India.”
Anil Gudibande, co-founder of 1Crowd, said, “As an early backer of goSTOPS, we always believed that the brand was more than just a hostel chain — it’s a youth brand with the potential to shape travel and lifestyle choices. The founders’ ingenuity and deep understanding of their audience have been key to their success. Their team isn’t just about asset utilisation; it’s about creating experiences that resonate with young travellers. This belief has been central to us leading the company’s multiple rounds of equity financing, and we are now excited to see the next phase of their growth.”
Founded in 2014 by Pallavi Agarwal and Pankaj Parwanda, goSTOPS is a youth travel hostel brand, redefining travel for youth with its vibrant, design-led social spaces.
goSTOPS offers high-speed WiFi, coworking spaces, and immersive community activities, making it a preferred choice for solo travelers, remote workers, and backpackers.
goSTOPS has rapidly expanded to 30+ locations, offering 2500+ beds designed for the new-age traveller.
