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Backpacker Panda Holidays Private Limited operates a chain of backpacker hostels powered by advanced business intelligence technologies, based in Pune, Maharashtra, India. The hospitality company provides data-driven accommodation solutions tailored specifically for budget travelers, historically scaling its operational footprint to over 50 hostel locations across more than 30 major Indian cities. Supported by a core team of 20 employees, the enterprise generates revenue through dormitory beds, private rooms, and ancillary travel services, previously reporting a trailing twelve-month revenue of $500,000 alongside an annualized gross merchandise value of ₹8.5 crores. The organization secured $1.4 million in Series A funding from lead investor 3737 North Capital, directed by Bhavish Sood, to expand its portfolio including a flagship property in Colaba, Mumbai. Backpacker Panda Holidays Private Limited was founded in 2015 by Kumar Vivek and Vivek Jain.
Backpacker Panda Holidays Private Limited has raised $1.4M across 1 funding round.
Backpacker Panda Holidays Private Limited has raised $1.4M in total across 1 funding round.
Backpacker Panda Holidays Private Limited has raised $1.4M across 1 funding round. Most recently, it raised $1.4M Series A in February 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 8, 2018 | $1.4M Series A | Bhavish Sood | — | Announced |
Backpacker Panda Holidays Private Limited has raised $1.4M in total across 1 funding round.
Backpacker Panda Holidays Private Limited's investors include Bhavish Sood.