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Zolostays information


Zolostays is a real-tech co-living focused app that provides ready-to-move rooms/beds. It was founded in 2015 by Dr. Nikhil Sikri, Akhil Sikri and Sneha Choudhry.[1][2] [3]

Zolostays competes with other co-living companies like Aarusha Homes, StayAbode,[4] Ziroom, Xiangyu, Quartus, Koumkwat, Bikube and Oyo Living.[5] During the pandemic, Zolo provided 75 of rent-free accommodation to those who lost their jobs.[6] Zolo uses bulk inventory in usually residential township and ties up with real estate companies to make the rooms/beds available.[7][8] Zolostays has both revenue sharing and leased model. [9] It uses Internet of Things technology for electricity and water billing.[10][11]

  1. ^ "Want a home? Zolostays is the place for you". The New Indian Express. Retrieved 2022-04-23.
  2. ^ Majumdar, Romita (2019-11-26). "This medical doctor builds 'community culture' with his co-living platform". Business Standard India. Retrieved 2022-04-23.
  3. ^ "Disruptions in Real Estate in India" (PDF). KPMG.
  4. ^ Ramakrishnan, T. (2019-08-03). "'Hostels, co-living space will hit ₹1 trillion-mark by 2023'". The Hindu. ISSN 0971-751X. Retrieved 2022-04-23.
  5. ^ "Co-Living Market Size, Statistics, Trend Analysis & Growth Forecast". analysis.technavio.com. Retrieved 2022-04-23.
  6. ^ Chengappa, Sangeetha (2020-06-30). "Zolostays offers 75 days rent-free stay for residents who lost jobs". www.thehindubusinessline.com. Retrieved 2022-04-23.
  7. ^ "Co-living research report". pdfcoffee.com. Retrieved 2022-04-23.
  8. ^ "Coliving - Reshaping Rental Housing in India" (PDF). Federation of Indian Chambers of Commerce & Industry.
  9. ^ Monk, The House. "Global Coliving Report 2019" (PDF).
  10. ^ "ZoloStays to raise $100 mn for expansion". The Hindu. 2020-03-10. ISSN 0971-751X. Retrieved 2022-04-23.
  11. ^ "Co Living Rent a Lifestyle" (PDF). Knight Frank.

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available. Zolostays has both revenue sharing and leased model. It uses Internet of Things technology for electricity and water billing. Zolostays was founded...

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