Zolostays’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Zolostays Property Solutions Private Limited | CIN: U74900KA2015PTC080643
Zolostays, co-founded by Nikhil Sikri, Sneha Choudhry, and Akhil Sikri, has pioneered the co-living space in India. Founded in 2015 and headquartered in Bengaluru, Zolostays offers fully managed rental accommodations tailored for students and young professionals. The brand focuses on building community-driven living experiences with technology-enabled management and services. Despite challenging market conditions, Zolostays has expanded rapidly, attracting top investors and scaling operations to multiple cities nationwide. Their innovative approach aims to redefine urban living standards while working towards long-term profitability.
| Founding Year | 2015 |
|---|---|
| Headquarters | Bengaluru, India |
| Valuation | ₹3,500 Cr (2023) |
| Total Funding | ₹730 Cr |
| Annual Revenue | ₹150 Cr (FY24) |
| Annual Net Profit | ₹-40 Cr (FY24) |
| EBITDA Margin | -20% |
| Employees | ~600 |
| Round | Date | Amount | Investors |
|---|---|---|---|
| Series C | 2022 | ₹600 Cr | Nexus Venture Partners, IDFC Alternatives |
| Series B | 2020 | ₹100 Cr | Trifecta Capital, Nexus Venture Partners |
| Series A | 2018 | ₹30 Cr | Nexus Venture Partners |
- Expansion into Tier 2 and Tier 3 cities across India.
- Invest in technology and operational automation.
- Enhance premium service offerings to improve margins.
- Potential IPO post operational profitability milestone.
Zolostays recently announced plans to add 20,000 new beds by 2025 and introduced premium co-living solutions targeted at young professionals, reinforcing its leadership position in the sector.
| Metric | Detail |
|---|---|
| Revenue Growth | ▲ ₹150 Cr in FY24 |
| Profitability | ▼ Loss of ₹40 Cr |
| Funding | ▲ ₹730 Cr total raised |
| Efficiency | ▲ Improved expense control |
| Valuation | ▲ ₹3,500 Cr (2023) |
Zolostays has transformed the urban rental living experience through innovative, technology-driven solutions. Despite current losses, its rapid revenue growth and strong investor support signal a promising future. With strategic expansion and operational improvements, Zolostays is poised for continued growth and a potential IPO in the coming years.
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