
Datstop Hostel
Affordable social hostel for backpackers and professionals.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Angel | ||
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Datstop Hospitality Private Limited operates Datstop Hostel, a social lodging space in New Delhi designed for professionals, millennials, and backpackers. The company was incorporated on June 25, 2019, by founders Dhruvin Pareshbhai Shah and Parulben Jaykantbhai Shah. Located in New Delhi, the hostel aims to provide an affordable and quality hospitality experience with comfortable beds, clean bathrooms, and an open kitchen for guests to cook their own meals.
A key feature is the "Pink Lane," a dedicated and secure floor for female solo travelers and backpackers, which includes an attached terrace. The business model focuses on providing budget-friendly accommodation while creating a social environment. Revenue is generated from nightly stays, with a reported 30% of customers being repeat clients. In July 2020, Datstop raised an undisclosed amount of funding from investors Shabir Momin and Saurabh Pathak to advance backend operations, food research, and marketing. During the COVID-19 lockdown, the hostel notably partnered with around 30 embassies to provide accommodation for over 200 stranded foreign nationals.
Datstop provides amenities such as free WiFi, a shared lounge, a 24-hour front desk, tour and ticket services, and a currency exchange. The company targets the growing market of young, budget-conscious domestic and international travelers in India.
Keywords: backpacker hostel, budget accommodation, New Delhi lodging, social travel, youth hostel, female solo travel, affordable hospitality, co-living space, traveler accommodation, hospitality startup, budget travel India, hostel services, shared kitchen hostel, Pink Lane, travel lodging, urban hostel