Zolostays raises $56 mn from Investccorp and others, eyes expansion

The funding round brings Zolo to $90 million raised in all

Co-living start-up Zolostays has raised $56 million fundraise from a clutch of investors including Investcorp, Nexus Ventures Partners, Mirae Assets, Trifecta Capital among others. The funding round brings Zolo to $90 million raised in total. 

It will deploy the new funds to invest in technology, locking in more inventory and strengthening AI-driven operating platforms.

“We are creating a personalised living experience keeping the customer at the core. It allows them to personalise the way they live and work, all on their terms. We partner with them as they rewrite their own story and re-imagine life,” said Nikhil Sikri, CEO and cofounder, Zolostays.

The