Debt Debt financing
Home rentals startup Zolostays raises Rs.20-Cr from VentureSoul Partners
Source Inc42 (opens in a new tab)
Bengaluru-based co-living and home rental startup Zolo has raised INR 20 crore through non-convertible debentures (NCDs) from VentureSoul Managers India LLP. This funding will be used for business expansion and working capital needs.Founded in 2015, Zolostays offers long-term rental accommodations to students, professionals and organizations. It claims presence across 10 cities.