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ZOLOSTAYS
Zolostays cofounder Akhil Sikri departs to venture into fintechAkhil has updated his LinkedIn profile, designating himself a cofounder of a yet-to-be-announced venture. Zolostays has communicated this d...- Zolostays foray into luxury hotel space with launch of Hotel Z Triloha in Bengaluru"Our entry into the luxury segment with this launch in Bangalore marks a significant milestone in our expansion plans. Our expansion strate...
- Co-living platform Zolostays plans to more than double portfolio by year-end"The company aims to be profitable at the company level by April 2023. The operational loss for the October-December '21 period was ₹5 cror...
- Zolostays, largest co-living brand in India, is looking to double its portfolio by year-endThe company plans to add around 60,000 by the end of 2022 to its 42,000 beds across major cities in the country. During the pandemic, Zolos...
- Coliving startups revive expansion plans as Covid-19 second wave ebbsColiving startups are reviving their expansion plans, after three months of pandemic-induced lull, with a focus on providing WFH-like featu...
- Zolostays to add 30,000 beds this yearFounded in 2015, Zolostays is operational across 10 cities with 45,000 live beds and more than 70,000 customers.
- Coliving spaces offer rent waiver, relaxed payment timelineStayAbode has slashed its pricing by 20-25% in locations near tech parks, and is giving the option of deferred payment and rent waiver to t...
- How venture debt is becoming the go-to option for many startupsStartups with a low capital base are generally not offered financial assistance. The ones seeking short-tenure bridge loans are also not en...
- Lodha Ventures invests Rs 45 crore in service apartment startupWhile business models differ across startups, a slew of real estate companies are offering solutions for student housing to residential liv...
- Zolostays gets new head of student housingHe brings with him 15 years of experience in sales, marketing, business development, operations and real estate. He has successfully develo...
- Zolostays appoints Chanchal Gupta as CHROZolostays has 45,000 live beds and locked-in 2,00,000 beds for the near future. Its target customers are students and early professionals.
- Co-living firms partner with realty companies for customised spacesWith estimated rental yields as high as 9%, startups plan to pay either a fixed monthly payout or strike a revenue-share deal.
- Zolostays raises $7 million from Trifecta CapitalThe firm competes with Oyo’s Life brand, StanzaLiving, and Nestaway-owned Hello World. Last month, Zolostays appointed Sidhartha Mehra from...
- Investcorp closes Rs 323-crore funding round in NephroPlusThe latest transaction will see Sea-Link Capital Partners, the investment firm founded by former KKR senior executive Heramb Hajarnavis, sc...
- Non-financial firms chase digital verification startupsThese companies are using the services of startups such as IDfy, VerifyDigital, inVOID and Yoti to identify employees, run checks on gig ec...
- Zolostays gets new chief financial officerZolostays has 45,000 live beds and plans to have 2,00,000 beds for the near future. Its target customers are students and early professiona...
- Not just shared working spaces, now co-living is making waves in BengaluruFully-managed homes combine private spaces with shared areas such as kitchen, living rooms.
- ZoloStays raises $30 million in Series B fundingThe Series-B round also saw participation from IDFC Alternatives and Mirae Asset, as ET had reported in November last year.
- ZoloStays in talks to raise $30 millionThe deal will see the valuation of the Nexus Venture Partners-backed company jump over $100 million.
- Nexus Venture Partners joins others to book a spot at Zolo for Rs 26 croreZoloStays chief executive Nikhil Sikri said that the less-than-two-year-old venture will use the proceeds towards expansion and to further ...
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