Backpacker Panda is another hostel network in India and also in some neighboring Asian countries like Nepal, Myanmar, Vietnam, Srilanka, Thailand, Indonesia etc. The cost of booking a bed or dormitory is almost same as Zostel, you can book a bed at minimum Rs 400.
Visit their site here: https://www.backpackerpanda.com
Backpacker Panda License
Like Zostel, they have also their own loyalty program which they call Backpacker Panda Licesne which you can buy only at Rs 99.