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Ankur Rastogi

Vice President, Bank of America
Gurgaon, Haryana,India
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Ankur Rastogi's Overview

Total Experience21 years
CompanyBank of America
CountryIndia

Ankur Rastogi is a prominent Indian entrepreneur, best known as the co-founder of Zostel, Asia's largest chain of backpacker hostels, and the budget hotel aggregator ZO Rooms. An alumnus of IIT (BHU) Varanasi and IIM Calcutta, Ankur has a strong background in engineering and management. He, along with his co-founders, identified a significant gap in the Indian market for standardized, affordable, and community-focused accommodation for young travelers, leading to the creation of Zostel in 2013. His entrepreneurial journey showcases a keen eye for market opportunities, resilience in navigating the competitive startup landscape, and a drive to innovate within the travel and hospitality sector. He has been instrumental in scaling Zostel's operations and has also been a key figure in the high-profile, though ultimately contentious, acquisition talks of ZO Rooms by OYO.

Professional Summary

Ankur Rastogi's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Bank of America - Vice President (2022 to Present)
Tata Consultancy Services - Business analyst (2004 to 2014)

Notable Achievements

Co-founder of Zostel

Successfully co-founded and scaled Zostel to become Asia's largest chain of backpacker hostels, significantly impacting the budget travel and community living space in India and expanding to Southeast Asia. Zostel created a new category of branded, experience-led accommodations.

Co-founder of ZO Rooms

Co-founded ZO Rooms, a budget hotel aggregation platform that rapidly gained traction and became a major competitor in the Indian hospitality market, challenging established players and leading to a significant (though later disputed) acquisition offer from OYO Rooms.

Pioneer in Indian Budget Hospitality Tech

Played a pivotal role in leveraging technology to organize and standardize the fragmented budget accommodation sector in India, enhancing accessibility and experience for travelers.

Influential Figure in Indian Startup Ecosystem

Recognized as an influential entrepreneur in India, contributing to the growth and dynamism of the startup ecosystem, particularly in the consumer internet and travel-tech domains. His journey has inspired many aspiring entrepreneurs.

Educational Background

Master of Technology - MTech, Data Science Engineering

Birla Institute of Technology and Science, Pilani - Year 2020

PRINCE2® Practitioner

APMG-International, United Kingdom - Year 2011

B.Tech., Electronics

Mahatma Jyotiba Phule Rohilkhand University - Year 1999

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

Bank of America
Total employees213000
HeadquartersCharlotte
Founded1923

Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses, and large corporations with a full range of banking, investing, asset management, and other financial and risk management products and services. The company provides services through its operations in the United States and internationally. It aims to make financial lives better through the power of every connection.

Bank of America Stock Information
Bank of America, Inc. is listed on the New York Stock Exchange under the ticker symbol BAC. The company went public on July 1, 1969

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