Zolo

About

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

Bangalore,Karnataka,India
501 - 1000
http://zolostays.com

Highlights

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