Revenue Model Of Zolo
Zolo has partnered with real estate developer sobha.
Revenue model of zolo. Zolo a bengaluru based. Zolo s business model has been successful. Or are shared spaces and revenue crunches making. Zolo s cost of acquiring a room ranges between rs 5 000 and rs 15 000.
Two years after the initial launch of zolo in 2012 50 agents were working for the tech disrupter generating 2 4 million in gross revenue. Thus began zolo a flat aggregator hostels and pgs accommodator in india enabling clients to book rooms and accommodations via online. Currently 70 percent of its revenues come from the lease model and the rest from a revenue sharing model. Bangalore based startup zolo stays is a web and mobile based platform that enables users to search and find shared workspace rental homes rooms and apartments.
Talking about revenue nikhil says our annualised revenue run rate today is rs 85 crore and we are growing at 15 percent month on month zolo s gross revenues increased from rs 6 2. Zolo stays business model and case study. Zolo s business model has been successful. The working of zolo is a methodical yet straightforward process.
Two years after the initial launch of zolo in 2012 50 agents were working for the tech disrupter generating 2 4 million in gross revenue. Zolo offers shared and private rooms for. The food menu is also more extensive in the select model. At that time total traffic to the startup was just over 8 million users a decent draw by anyone s standards.
The business model is similar to welive. At that time total traffic to the startup was just over 8 million users a decent draw by anyone s standards. Zolo which primarily takes over new constructions has about 24 properties in its portfolio and has signed up an additional 40. We define a startup as a company formed to test and build a repeatable and scalable business model.
Last year gross revenue was rs 25 crore and this.