goStops, a premium chain of youth traveller hostels, has raised an undisclosed amount in its initial funding round from angel investors. It was founded by Pallavi Agarwal in 2014.
goStops will utilise the funds for expanding their presence across the country by doubling its bed capacity in the next one year. The startup will also use the funds to enhance their product, strengthen their marketing strategy, and build a team to handle the next phase of growth. At present, they operate in 13 cities with about 800 beds capacity.
Their aims to be the preferred youth brand synonymous with great quality travel & living spaces. Their vision is to make great quality travel and living spaces accessible to the youth.
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