Our Story

255 Beds (2018-19)

Hostello started with 6 Properties in 2018-19 with 255 beds under its operation in Lucknow city covering Aliganj, Mahanagar & Alamabagh.

1000+ Beds (2019-21)

Hostello is now managing 15 Properties with 1000+ beds under its operation in Lucknow & is present in Aliganj, Mahanagar, Hazaratganj & Alambagh areas.

7500+ Beds (2021-22)

Hostello is now scaling up to manage 7500+ beds under its operation with 125+ Hostels located in 3 cities – Lucknow, Delhi NCR & Indore.

What are we solving for?


‘Hostello’ is India’s 1st study-focused housing company.

A brainchild of three alumni of one of India’s prestigious institutes – Indian Institute of Management Calcutta, Hostello provides student housing facilities with a vision to ensure an ‘all-taken care of perfect study environment’ for students studying for competitive exams. Hostello understands how demanding for students the preparation of such exams is, and has attempted to solve for all student housing related pain points such as food, maintenance, security, etc so students could spend more quality hours studying.

A self-owned centralized kitchen run by alumni of IHM, Quick Response Maintenance Teams run by hospitality industry professionals, technology driven security systems, etc. are examples of some of the solutions implemented by Hostello, to ensure students focus only on their studies & their end-to-end housing requirements are taken care of by professional teams.

Hostello plans to scale to 3 Lakh+ beds under its operation by 2024-25.

The Co-Founders

Ashish Baboo
Leads – Partnerships, Sales & Property Acquisition
(Alumnus of IIM Calcutta)

Dinesh Soni
Leads – Projects & Operations
(Alumnus of IIM Calcutta)

Aseem N
Leads – Strategy, Fundraising, Technology & Finance
(Alumnus of IIM Calcutta)

Our Investors

C Jayaram
One of the Board of Directors of Kotak Mahindra Bank, Jayaram is an alumnus of IIMC & has extensive experience in managing private equity & real estate funds.

Shirish Potnis
One of Board of Mentors of IvyCap Ventures, Shirish is an alumnus of IITB & IIMC with extensive experience in Infra, Project Financing, Food Processing & Consulting.

Shashi Maudgal
On the Board of Directors of three Tata Steel subsidiaries and a former CEO of several companies in different sectors, Shashi Maudgal is an alumnus of IITD, IIMC and has done the Advanced Management Programme from Harvard.

Press Room

Fight Covid-19 with PEACE OF MIND, without losing piece of wallet!

Hostello has Lucknow’s Largest SINGLE ROOM Inventory! Your search for a safe and economical place ends here with…

Moving to Lucknow? Stay Free for 7 Days!

Hostello has launched Raksha Bandhan Covid Suraksha Offer, for all those who are moving to Lucknow city…

Covid-19 Combat Compliant Properties by Hostello

In view of the ongoing Covid-19 pandemic, for ensuring the safety of all our residents, Hostello has…


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