goSTOPS raises $1 Mn in pre-Series A round led by IAN, Yuj Ventures

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goSTOPS on Thursday said it raised $1 million in a pre-Series A round led by Indian Angel Network (IAN) and Yuj Ventures. The round also saw participation from The Chennai Angels, Chandigarh Angels, Lead Angels, Mumbai Angels Network, LetsVenture, and goSTOPS’ existing lead investor 1Crowd.

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goSTOPS caters primarily to the Gen Z population. With community and design-led hotel transformation, the brand harnesses the efficiencies of the shared economy to make a youth-focused stay accessible within a Gen Z friendly budget of Rs 500 per night.

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