Archive · 27 Jul 2025
Nexus Venture Plans Exit From Co-Living Firm Zolostays
Imagine a company called Zolostays that provides shared living spaces.
A company called Nexus Venture Partners invested in Zolostays a long time ago.
Now, after 10 years, Nexus wants to sell its part of Zolostays.
Zolostays is worth a lot of money.
Zolostays sold a part of its business to focus on its main service.
Zolostays is doing well and wants to expand, especially in big cities.
The company has grown its income and has lower losses compared to last year.
Nexus Venture Partners, an early investor in Zolostays, is planning to exit the co-living firm.
Nexus is looking to sell its entire 27% stake in Zolostays.
Zolostays is valued at approximately ₹1,500–1,600 crore.
The company recently sold its student housing business to Good Host Spaces.
Zolostays provides premium co-living spaces and operates in multiple cities.
- Who
- Nexus Venture Partners and Zolostays.
- What
- Nexus Venture Partners is preparing to exit Zolostays.
- When
- Ten years after investing, in the present.
- Where
- Bengaluru, India.
- Why
- Nexus is looking to sell its stake and scale in the competitive premium co-living space.
- Company
- Zolostays
- Investor
- Nexus Venture Partners
- Valuation
- ₹1,500–1,600 crore
- Nexus Stake
- 27%
- Founded
- 2015
- FY24 Revenue Growth
- 11.4%
- FY24 Losses
- ₹57 crore