- No. of Employees1126
- Founded Year 2015
- Company StagePrivate Limited Company
- Total Funding₹863.2 Cr
- Industry
- Headquarter
- Company StatusActive
Zolostays, established in 2015 by Dr. Nikhil Sikri, Sneha Choudhry, and Akhil Sikri, has emerged as India's largest co-living brand, offering fully managed accommodations tailored for students, professionals, and urban dwellers seeking hassle-free living. With a presence in over 19 cities, Zolostays combines comfort, convenience, and community through its diverse portfolio, including Zolo Scholar for student housing, Z-Express for short-term stays, Z-Vacations for luxury getaways, and Zeassetz, a real estate investment platform. The company's mission is to revolutionize modern living by creating vibrant communities through technology-driven solutions, ensuring high-quality and enjoyable experiences for all residents. From its humble beginnings in a garage to becoming a profitable enterprise, Zolostays continues to redefine urban living standards across India.
Zolostays operates a managed co-living platform, offering fully-furnished rental accommodations to students and working professionals. It follows an asset-light model, where it partners with property owners, leases or manages their properties, and transforms them into branded, serviced living spaces. Revenue is generated through monthly rental payments from tenants, while value is added via amenities such as food, Wi-Fi, housekeeping, and community events. The model focuses on standardized living experiences, leveraging technology for booking, management, and tenant engagement.
- Nexus Ventures, Investcorp