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Investments

19

About Rohit Chanana

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Latest Rohit Chanana News

goSTOPS raises additional $1 Mn in a bridge round

Dec 9, 2021

Backpacker hostel brand goSTOPS has raised  an additional $1 million bridge round within 6 months of the last pre-series A round concluded earlier this year. The round was funded by existing investors The Chennai Angels, Mumbai Angels, Yuj Ventures, Lead Angels, 1Crowd, Indian Angel Network, Chandigarh Angels Network along with new angel investors including Rohit Chanana of Sarcha Advisors. The fresh proceeds will be utilized to acquire new budget hotels and grow its presence across the country. According to the company’s founder and CEO Pallavi Agarwal, goSTOPS has grown 2.5X Quarter-on-Quarter to ARR of $2.5 million in October 2021 and plans to grow further to $5 million ARR by June 2022. The Delhi-based hospitality platform is operational across 27 destinations, hosted over 500k guests and currently targeting $12 billion Indian youth leisure travel opportunity.

Rohit Chanana Investments

19 Investments

Rohit Chanana has made 19 investments. Their latest investment was in goStops as part of their Bridge on December 12, 2021.

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Rohit Chanana Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/8/2021

Bridge

goStops

$1M

Yes

4

10/28/2021

Seed VC

Language Curry

$0.6M

No

5

10/19/2021

Seed VC

Devnagri

$0.6M

Yes

9

10/6/2021

Seed VC

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$99M

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10

8/19/2021

Seed VC

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$99M

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10

Date

12/8/2021

10/28/2021

10/19/2021

10/6/2021

8/19/2021

Round

Bridge

Seed VC

Seed VC

Seed VC

Seed VC

Company

goStops

Language Curry

Devnagri

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Amount

$1M

$0.6M

$0.6M

$99M

$99M

New?

Yes

No

Yes

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Co-Investors

Sources

4

5

9

10

10

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