Zolo

company

About

Zolo is a one-stop destination for individuals looking for shared accommodation options.

Details

Last Funding Type
Series C
Last Funding Money Raised
$56M
Industries
Android,Mobile,Real Estate,Rental,Rental Property,Service Industry,Social Media
Founded date
Jun 3, 2015
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
Zolostays Property Solutions Private Limited
Also Known As
Zolostays

Zolo is a one-stop destination for individuals looking for shared accommodation options and provides managed co-living spaces. With an aim to provide a hassle-free long term living experience, it seeks to solve the problem of students and young professionals by elevating the traditional PG/service apartments/hostels and offering different kinds of basic and luxury living amenities.

Zolo was founded in 2015 and is headquartered in Bangalore, Karnataka, India.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$98M
Zolo has raised a total of $98M in funding over 2 rounds. Their latest funding was raised on Jul 7, 2020 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 7, 2020 Series C $56M 4 Investcorp Detail
Dec 5, 2019 Debt Financing $7M 1 Trifecta Capital Advisors Detail
Jan 7, 2019 Series B $30M 4 Nexus Venture Partners Detail
Jan 16, 2017 Series A $5M 2 Nexus Venture Partners Detail

Investments

Number of Investments
Number of Lead Investments
2
0
Zolo has made 2 investments. Their most recent investment was on May 4, 2022, when HuddleUp raised $550K.
Date Company Name
Round Money Raised Industry Lead Investor
May 4, 2022 HuddleUp
Seed $550K Artificial Intelligence
Jan 15, 2013 GreyOrange
Angel Artificial Intelligence

Investors

Number of Lead Investors
Number of Investors
4
7
Zolo is funded by 7 investors. Investcorp and Mirae Asset are the most recent investors.
Investor Name Lead Investor Funding Round
Investcorp Yes Series C
Mirae Asset Series C
Nexus Venture Partners Series C
Trifecta Capital Advisors Series C
FJ Labs Series B
IDFC Private Equity Series B
InnoVen Capital Series A

Employee Profiles

Number of Employee Profiles
8
Zolo has 8 current employee profiles, including Employee Chirag Heda
Employee
Board member
Executive
Executive
Executive