Startup Atlas · Co-living

Zolostays

Zolostays Property Solutions Private Limited ● Bengaluru, Karnataka ● Founded 2015 ● zolostays.com ↗

Nikhil Sikri Akhil Sikri Sneha Choudhry

$98 MnTotal funding (tracked)

4Funding rounds

7 Jul 2020Last round

Zolostays: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Comfortable, convenient managed living

Core value proposition centers on comfort and convenience in co-living.

source

India's leading managed co-living provider

Positions itself as the market leader in managed co-living spaces.

source

Affordable accommodation near office clusters

App-based platform targeted at young professionals relocating for work, offering budget-friendly rooms near large office clusters in Tier I cities.

source

Customer Segments

Students, working professionals, and hassle-free-living seekers

Zolostays targets residents who want move-in-ready managed accommodation.

source

Organizations

Zolostays also serves organizations directly (corporate/institutional accommodation demand), alongside individual students and professionals.

source

Customer Relationships

Personal assistance via phone, email, and contact form

Zolostays provides residents and prospective residents with a direct support phone line, email, and an online contact form for issue resolution.

source

Community-building as the relationship philosophy

Beyond transactional housing, Zolostays' stated vision is to use technology to foster vibrant living communities among residents rather than a purely landlord-tenant relationship.

source

Channels

Android app-based platform

Primary customer-facing channel is a mobile app for discovering and booking accommodation.

source

Key Activities

Managing and operating co-living properties52% of total costs

Property management and operations – food, rent, electricity, housekeeping, and consumables across managed properties – is Zolostays' largest activity by cost and the operational core of its co-living model.

source

Managing residential facilities for colleges and universities

Beyond individual residents, Zolostays runs an institutional-services line, managing residential facilities and food subscriptions for colleges and universities.

source

Expanding into adjacent verticals (student housing, short stays, travel)

Zolostays has diversified beyond core co-living into verticals including Zolo Scholar (student housing), Z-Express (short-stay living), Z Vacations (leisure travel stays), and the Zeassetz real estate investment platform.

source

Key Resources

500+ managed co-living properties500+ properties

Zolostays' portfolio of managed co-living properties ("habitats") across Indian cities is the company's core physical inventory.

source

Founding team spanning healthcare, enterprise, and technology

Co-founders Dr. Nikhil Sikri (ex-Deloitte, Cerner; MBBS-AIIMS, MBA-ISB), Sneha Choudhry (ex-Oracle, Deloitte, Johnson & Johnson; MBA-IIM Kozhikode), and Akhil Sikri (ex-NetApp; BE Computer Science, IIT Delhi) bring combined medical, enterprise-sales, and technology expertise to leadership.

source

Proprietary Android app platform

The company's core technology asset is its Android app-based platform, which powers accommodation discovery and booking for its managed co-living model.

source

Key Partnerships

Real estate companies for bulk inventory

Zolostays ties up with real estate companies to source bulk residential-township inventory rather than owning the properties itself.

source

Revenue Streams

Revenue-sharing and lease models with property owners

Zolostays monetizes inventory it sources from real estate partners through a mix of revenue-sharing and direct lease arrangements.

source

Cost Structure

Property management & operational costsRs 139 Cr, 52% of costs (FY24)

The largest cost line – covering food, rent, electricity, housekeeping, and consumables across managed properties – rose 2.3x year-on-year.

source

Employee benefit expensesRs 83 Cr, +16% YoY (FY24)

Staff compensation and benefits grew steadily as the company scaled its team.

source

Legal, advertising, and administrative overheadsRs 266 Cr total costs, +58% YoY (FY24)

Legal, advertising, communication, and commission costs, combined with the above, pushed Zolostays' total costs to Rs 266 crore in FY24.

source

FAQs on Zolostays

What is Zolostays's business model?

Zolostays's core value proposition centers on Comfortable, convenient managed living, India's leading managed co-living provider, Affordable accommodation near office clusters.

How does Zolostays make money?

Zolostays's cited revenue streams include Revenue-sharing and lease models with property owners.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: shorttermrentalz.com · Last verified 26 Aug 2026. · Report a correction