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The Hosteller raises $16M to expand hostel network, build travel super app
1reports1reporting sources2026-04-17Update
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Hostels are becoming mainstream in India; funding will drive expansion and platform development, offering more choices for young travelers and potentially impacting business traveler accommodation options.
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4月17日
- PhocusWire All NewsThe Hosteller raises $16M to expand hostel network, build travel super app
Mumbai-based hostel company The Hosteller has raised approximately $16 million in Series B funding, led by PROMAFT Partners with participation from V3 Ventures. The funds will be used to expand to over 150 hostels and develop a travel super app integrating accommodation, F&B, mobility, and local experiences. The company currently operates over 70 hostels across 40+ destinations.