Nikhil Sikri, CEO and co-founder of Zolo Stays in an exclusive interview with TECH PLUTO sheds some light on the funding prospects, future plans, challenges facing India’s co-living industry and many other aspects.
Q: Can you please shed light on some of the facilities and amenities that residents get to enjoy at Zolo Stays’ co-living spaces?
A: Zolo is creating a community-centred environment for our residents that not only provides privacy in living arrangements but also promotes social contact. The curated community fosters inclusivity that enables tenants to meet a variety of other individuals and expand their network. Zoloites can also avail flexible and shorter lease terms, reduced security deposit and zero hassles with housekeeping, payment of utility bills, maintenance, furniture and fixtures, and renewal of lease contracts.
Zolo Stays has a three-tiered product offering – Zolo Standard, Zolo Select and Zolo Scholar. Zolo Standard is affordably priced sharing accommodation in standalone buildings for students and working professionals at entry and mid-level located near corporate hubs and residential clusters. Zolo Select is a customised offering designed for working professionals at higher income brackets. These are mostly premium single occupancy accommodations with amenities such as swimming pool, club house and entertainment zones located inside premium and luxury residential townships. Zolo Scholar provides off campus accommodation for students with facilities and services designed specifically for their needs, supporting minimal lifestyles at an affordable budget.
Read more from the interview here.
