Zolo - About the company
Zolo is a series C company based in Bengaluru (India), founded in 2015 by Akhil Sikri, Nikhil Sikri and Sneha Choudhary. It operates as a Chains providing managed residential housing for students and working professionals. Zolo has raised $113M in funding from investors like Nexus Venture Partners, Investcorp and Innoven Capital, with a current valuation of $*****. The company has 399 active competitors, including 51 funded and 13 that have exited. Its top competitors include companies like Stanza Living, Colive and PadSplit.
Company Details
Chains providing managed residential housing for students and working professionals. These facilities offer furnished living spaces with shared amenities and utility services. Residents access private or shared rooms under flexible rental agreements. The business model focuses on maintaining properties for individuals seeking temporary or long-term accommodation.
- Website
- zolostays.com
- Social
- Email ID
- *****@zolostays.com
- Phone Number
- +91 **********
- Registered Address
- No. 1190, 22nd Cross, HSR Layout, Sector 3, Bangalore, Bangalore, Karnataka, India, 560102
Key Metrics
Founded Year
2015
Location
Bengaluru, India
Stage
Series C
Total Funding
$113M in 12 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 08, 2024
Investors
Ranked
3rd among 399 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
1,674 as on Mar 31, 2026
Similar Companies
Legal entities associated with Zolo
Zolo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ZOLOSTAYS PROPERTY SOLUTIONS PRIVATE LIMITED CIN: U74900KA2015PTC080643 , India, Active | Jun 03, 2015 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 1674 (As on Mar 31, 2026) |
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Zolo's funding and investors
Zolo has raised a total funding of $113M over 12 rounds. Its first funding round was on Aug 01, 2015. Its latest funding round was a Venture Debt round on Apr 11, 2025 for $*****. 1 investor participated in its latest round. Zolo has 19 institutional investors and 11 angel investors.
Here is the list of recent funding rounds of Zolo:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 11, 2025 | 3264455 | Venture Debt | 6495223 | 8364009 | 8403682 | 6284163 |
Aug 08, 2024 | 8796434 | Series C | 4378645 | 9159302 | 5283791 | 5974484 |
Oct 15, 2022 | 7006248 | Series C | 5866204 | 1788851 |
Access funding benchmarks and valuations. Sign up today!View details of Zolo's funding rounds and investors
Zolo's founders and board of directors
Founder? Claim ProfileThe founders of Zolo are Akhil Sikri, Nikhil Sikri and Sneha Choudhary. Nikhil Sikri is the CEO of Zolo.
Here are the details of Zolo's key team members:
- Akhil Sikri: Former Co-Founder of Zolo and founder of 1 other company. They are also an angel investor in 4 startups and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Nikhil Sikri: Co-Founder & CEO of Zolo and founder of 4 other companies, including Zeassetz, zelo.co.in and Zelo. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Sneha Choudhary: Co-Founder of Zolo and founder of 4 other companies, including zelo.co.in, Augbrain and Zelo. They serve on the board of 1 company.Contact Info: 1 phone number
Zolo's Board of Directors
Zolo's board has 3 active members. Akhil Sikri, Nikhil Sikri and Gaurav Sharma are part of team.Here is the list of Zolo's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
vlsbnie | Team | - | Past | 6y 3m |
ax{kqrv | Team | - | Past | 2y 7m |
rz{vuqa | Team | - | Past | 3y 5m |
stmovmb | Investor | - | Past | 9y 3m |
View details of Zolo's Founder profiles and Board Members
Zolo's employee count trend
Zolo has 1,674 employees as of Mar 26. The total employee count is 9.0% lower than what it was in Mar 25. Here is Zolo's employee count trend over the years:
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Zolo's Competitors and alternates
Top competitors of Zolo include Stanza Living, Colive and PadSplit. Here is the list of Top 10 competitors of Zolo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Stanza Living 2017, Gurugram (India), Series E | Chains providing managed residential housing for students and working professionals | $232M | 76/100 | |
2nd | A tech-enabled managed co-living space provider | $31.8M | 73/100 | ||
3rd | Chains providing managed residential housing for students and working professionals | $113M | 72/100 | ||
4th | _1582547671127.png?devicePixelRatio=2&height=30&width=30){kind=logo} PadSplit 2017, Atlanta (United States), Series B | Provider of managed co-living and shared accommodation | $35.2M | 71/100 | |
5th | AI-driven platform to find shared accommodation | $50.5M | 70/100 | ||
6th | Provider of managed co-living spaces | $6.7M | 69/100 | ||
7th | Provider of a platform to find managed co-living spaces | $120M | 68/100 | ||
8th |  The Social Hub 2006, Amsterdam (Netherlands), Series E | Hospitality concept offering trendy design and quality accommodations in 15 cities in Europe. | $460M | 61/100 | |
9th |  HelloWorld 2019, Bengaluru (India), Acquired | Operator of fully-managed accommodations offering community, essential amenities, and flexible lease terms | $10M | 60/100 | |
10th | Operator of co-living spaces with flexible rental and stay options | $2.1M | 60/100 |
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Zolo's Latest cap tables and shareholding
Founders own 14.14%, Funds (largest shareholder) own 60.51%, Enterprises own 8.10% and Angels own 1.94%. The net worth of Zolo's founders is INR 192Cr as of Aug 08, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 14.14% | 192Cr | 7256601 | 5397639 | 6018408 | 2621748 |
2169730 | 4982414 | 8336103 | 3706889 | 8287783 | 2194524 | |
Fund | 60.51% | 821Cr | 5003826 | 7516187 | 6103945 | 4423486 |
8592801 | 5927402 | 3944977 | 3050048 | 7825939 | 8932831 | |
3873927 | 6725481 | 5091844 | 6536111 | 5676479 | 8424856 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 8.10% | 110Cr | 1437748 | 6420311 | 6122485 | 4660906 |
Angel | 1.94% | 26.3Cr | 4 | 2 | 3 | 7 |
Other People | 9.26% | 126Cr | 4279412 | 3978777 | 1298907 | 5894177 |
ESOP Pool | 5.76% | 78.1Cr | 53395 | 17700 | 22407 | 81920 |
Other Investors | 0.30% | 4.08Cr | 0 | 0 | 0 | 0 |
Total | 100.00% | 1,360Cr | 1208150 | 9222933 | 8247727 | 4780309 |
To unlock detailed Cap Table of Zolo Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Zolo's Shareholding
Zolo's Investments and acquisitions
Zolo has made no investments or acquisitions yet.
Reports related to Zolo
Here is the latest report on Zolo's sector:
News related to Zolo
Filter this listMedia has covered Zolo for a total of 2 events in the last 1 year.
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Kenro Capital, KKR, Nexus Venture Partners, ADQ, Java Capital in newsVCCircle•Jul 28, 2025•Kenro Capital, KKR, Nexus Venture Partners, ADQ and 6 others
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Zolostays to sell its college hostel business to Good Host Spaces for Rs 107.8 CrYourStory•Apr 11, 2025•Zolo
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ZoloStays in India taps Hotelogix cloud for centralized multi-property managementHospibuz•Mar 20, 2025•Hotelogix, Zolo
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