Z

Zolo

www.zolostays.com link_icon

Zolostays Property Solutions Private Limited - Company Research Report



Company Overview



  • Name: Zolostays Property Solutions Private Limited

  • Mission: Redefine modern living through innovative and inclusive housing solutions.

  • Founded: 2015 by Nikhil Sikri, Akhil Sikri, and Sneha Choudhary

  • Key People:

  • Nikhil Sikri, Co-founder and CEO

  • Akhil Sikri, Co-founder

  • Sneha Choudhary, Co-founder

  • Amit Dixit, Chief Technology Officer

  • Headquarters: HSR Layout, Sector 3, Bangalore, Karnataka, India - 560102

  • Number of Employees: 501-1,000 employees

  • Revenue: Rs 26.4 crore in FY 2018

  • Known For: Providing safe, hygienic, and premium coliving spaces to students, professionals, and organizations.


Products



Overview


Zolostays offers a comprehensive range of coliving and managed space services designed to meet the diverse needs of students, professionals, and corporate clients.

Offerings



Coliving Spaces


  • Description: Fully furnished, fully managed coliving spaces catering to students, working professionals, and corporates.

  • Key Features:

  • Fully furnished homes

  • Loaded amenities

  • Zero brokerage

  • One-month deposit

  • App-based search and issue resolution

  • 24x7 assistance

  • Community events and networking opportunities


Student Housing


  • Description: Premium housing solutions for students, offering a safe and conducive environment for academic pursuits.

  • Key Features:

  • Fully furnished apartments and rooms

  • Study-friendly environments

  • High-speed Wi-Fi

  • Common areas for socializing

  • Meal plans and housekeeping services


Corporate Housing


  • Description: Tailored housing solutions for corporate clients, providing quality living spaces for employees and business travelers.

  • Key Features:

  • Fully managed accommodations

  • Flexible lease terms

  • Cost-effective solutions

  • Housekeeping and maintenance services

  • Proximity to corporate offices and business hubs


Recent Developments



Recent Milestones and Growth


  • Revenue:

  • Rs 6.2 crore in FY 2017

  • Rs 26.4 crore in FY 2018


New Products and Features


  • AI-Powered Chatbot: Recognized for the best AI-powered chatbot to enhance customer experience (Hospitality) at Quantic India's 4th Edition CX Excellence Awards 2024.

  • Z Vacations: Entered the boutique resort space, launching two resorts under the Z Vacations brand in Wayanad, Kerala, and Chikmagalur, Karnataka. Plans to add four more resorts targeting the mid-segment resort market in South India including Kerala, Karnataka, and Tamil Nadu.


Key Partnerships & Initiatives


  • Technology Integration: Leveraging Generative AI and Large Language Models (LLM) to enhance customer experiences and streamline operations.

  • App Development: Both tenants and property managers use an app to manage communication, issue resolution, and property management efficiently.

  • Event Engagement: Hosting social events, celebrations, and networking opportunities for the tenants to build a vibrant community.


Employee Achievements and Recognition


  • Celebrating milestones of long-term employees and recognizing their contributions to the growth and success of Zolostays.


Contact Information


  • Address: No. 1190, 22nd Cross, HSR Layout, Sector 3, Bangalore, Karnataka, India - 560102

  • Phone: +91 8884518010

  • Email: info@zolostays.com