Datstop Hospitality Announces Equity Investment from Singapore & Indian based investor

Datstop Hostel, The urban social space for professionals, millennials, and backpackers with a special section dedicated to female voyagers (www.datstop.com) based in New Delhi today announced that they have raised an undisclosed amount of funding from Mr.Shabir Momin, MD & CTO, Zenga TV, OneDigital Entertainment and many other ventures along with Mr.Saurabh Pathak, Founder, Digital Democracy.

With this fresh round of funding and support from Shabir & Saurabh, Datstop aims to advance its backend operations, speed up food research, space for another hostel, marketing, and strengthen team structure. Delhi based Datstop is also planning to add another hostel in the coming year along with the integration of new technologies.

Datstop Hostel features accommodation with a restaurant, free private parking, a shared lounge, and a garden. Among the facilities at this property are a tour desk and ticket service, along with free WiFi throughout the property. The accommodation provides a 24-hour front desk, a shared kitchen, and a currency exchange for guests. The hostel also provides a business center and guests can check the newspapers at Datstop Hostel.

Shabir Momin, MD, and CTO of Zinga TV said, “Datstop has experienced teams in the hospitality space. We liked the model especially the pink lane they have for women, the team’s focus, and the strong analytical approach they bring to the business. The speed of growth is an achievement, during COVID the company helped over 200+ foreigners, In partnership with their embassies, and made sure they reach their countries safe”. 

Dhruvin Shah, CEO, Datstop Hospitality Pvt. Ltd. said“I believe two factors play an important role in the hospitality industry is to give the best experience and quality stay to customers, which we are very concern about always. This investment will surely give us a chance to add new technologies specifically with the strong tech background of Shabir. We will also be adding more beds in this hostel. The satisfaction and experience which they’ll get here, which not only builds trust but also makes good relation with the clients. 30% of our customers are repeat customers, which clearly indicates that they have good faith in us, he added.

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