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Zostel to check in investors as it charts global expansion
Business Standard
|August 16, 2025
Along with a rejig of segments it operates in, the firm is eyeing ₹1,500 crore gross revenue in FY26
India's largest chain of backpackers' hostels Zostel is looking to bring in strategic investors as it expands its presence in India as well as global markets, including the US and Southeast Asia.
Zo World, the parent company of Zostel, is targeting revenues of ₹1,500 crore at gross level for 2025-26 (FY26) at a margin of 25 per cent, more than 7x of ₹200 crore it clocked in FY25, while restructuring the segments it operates in, newly appointed Chief Executive Officer (CEO) Aviral Gupta told Business Standard in an exclusive interaction.
"We're in talks with private equity players outside India as well as inside. There's interest from the Gulf as well as from the US markets. We're just looking for the right partner to come on board from a larger long-term perspective," he said in the virtual interaction.
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