2. The concept What are backpackers? Low cost travelers with a strong preference for meeting locals and travelers, seeking experiences that involve participation, having independently organized travel plans, and on long holidays (3-12 months) What are hostels? Budget accommodations for backpackers that encourage social interaction via activities, common lounges, and shared rooms. Hostels typically have a combination of dormitories and private rooms. Why hostels? Cheap accommodation, social atmosphere, opportunities to explore cities differently, recommendations for budget trips

3. Moustache Hostel Number of properties: 2 Locations Greater Kailash 1, New Delhi M.I. Road, Jaipur Number of beds Delhi: 68 (10 rooms) Jaipur: 104 (24 rooms of which 16 operational)

4. Moustache Hostel Delhi

5. Moustache Hostel Jaipur

6. Awards & mentions Online Travel Agents (OTA) Hostelworld (world’s largest hostel OTA) – Moustache Delhi one of 2 “top-rated” properties – Moustache Jaipur rated at 91% (second-highest) Tripadvisor (world’s largest travel portal) – Moustache Delhi awarded Certificate of Excellence in 2015 – Moustache Jaipur ranked #2 in its category Press coverage Special coverage by Conde Nast traveller Covered by Hindustan Times, Sunday Guardian, Outlook Traveller Coverage on popular online blogs – Little Black Book, Brown Paper Bag, GoIndia, Tripoto, etc.

7. “Backpackers from India and abroad are increasingly choosing no-frill hostels, like Zostel and The Moustache that provide a hygienic and affordable place to stay in central locations.” – Hindustan Times “But perhaps the most thought-out of the lot is a new travellers' hostel at GK-I called Moustache. Run by the affable 29-year-old Amber, who himself has travelled extensively, and prefers travellers' hostels over hotels any day of the week.” – Sunday Guardian Awards & mentions Conde Nast Traveller

8. The Founder Amber Jalan has 3 years of experience in hosteling and is a pioneer in the hostel space in India. He started India’s first backpacker hostel in 2012 in Goa, and is the founder of the Moustache brand of hostels with presence in Delhi and Jaipur. Before Moustache, he advised senior management of Fortune 500 companies with the Boston Consulting Group (BCG) as a strategy consultant for 4 years. At BCG, he worked across sectors such as private equity, consumer research and infrastructure. Amber is a Mechanical Engineer from Nanyang Technological University (NTU) in Singapore and a graduate of Delhi Public School (DPS), Vasant Kunj. He has travelled across over 30 countries, and has lived and worked in 7 of them.

9. Expansion plans – new hostels City Location scouting Property identification Initial negotiation Detailed negotiation City 1 ✓✓✓ City 2 ✓✓ City 3 ✓✓ City 6 ✓ City 5 ✓ City 6 ✓ Note: cities not named due to confidentiality reasons