Backpacker hostel brand goSTOPS has raised $1 million in a pre-Series A round led by Indian Angel Network (IAN) and Yuj Ventures — the private investing arm of the family office of Xander Group founder Sid Yog. KRS Jamwal, Uday Chatterjee, and Mitesh Shah led this round at IAN.
Backpacker hostel startup goSTOPS will use the funds to grow the company’s supply over the next 12 months and invest in marketing and technology.
