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...
17 Jan, 2023, 12.56 AM IST
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...
05 Apr, 2022, 06.00 AM IST
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.
23 Jan, 2021, 11.25 AM IST
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...
29 Jun, 2020, 10.22 AM IST
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...
06 Jun, 2020, 07.33 PM IST
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...
12 Mar, 2020, 04.58 PM IST
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...
03 Mar, 2020, 02.29 PM IST
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.
18 Feb, 2020, 02.00 PM IST
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.
02 Jan, 2020, 08.08 AM IST
Preparing a reading list for 2020? Samsung VP, Scripbox CEO & other top bosses share their favourite booksAsim Warsi, Shital Mehta and others on books they love reading.
17 Dec, 2019, 06.28 PM IST
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...
05 Dec, 2019, 09.38 AM IST
Sam Zell invests in Stanza LivingThe investment is believed to be part of Stanza Living’s Series C equity financing round, in which it raised fresh capital of about $50 mil...
22 Nov, 2019, 10.59 AM IST
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...
11 Nov, 2019, 02.32 PM IST
Nassim Nicholas Taleb's 'Antifragile' changed Nikhil Sikri's lifeThe founder of Zolostays Property Solutions revealed that Frank Sinatra’s ‘My Way’ fires him up.
07 Aug, 2019, 11.27 AM IST
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.
07 Jan, 2019, 08.30 AM IST
ZoloStays in talks to raise $30 millionThe deal will see the valuation of the Nexus Venture Partners-backed company jump over $100 million.
22 Nov, 2018, 08.07 AM IST
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 ...
16 Jan, 2017, 08.54 AM IST