Home Rental Startup ZoloStays raises $30 mn led by Nexus Venture Partners

Date posted: Monday 7 January 2019

ZoloStays Property Solutions, the parent company of ZoloStays has secured $30 mn (Rs.208.24 cr) in its Series B funding round led by existing investor Nexus Venture Partners along with participation from IDFC Alternatives and Mirae Asset. The round is estimated to have pushed the startup’s valuation to $100 Mn (Rs.694.14 Cr). The Bengaluru-based startup is a marketplace for property and real estate, with services for paying guests, service apartments and co-living spaces.  The company reportedly said that it will use the money to expand its footprint across the metro cities.

(Inc42)