Zolostays: competing in Indian co-living space

Surajit Ghosh Dastidar, Nitin Gupta, Damini Raichandani

Informasi Dasar

103 kali
24.10.504
658.421
Case Studies
Tel-U Gedung Manterawu Lantai 5 : Rak 20
Tel-U Purwokerto : Rak 8

ZoloStays (ZOLO) was an Indian real-tech start-up based in Bengaluru. It was in the business of co-living, i.e. providing affordable accommodation for students and young professionals who had to leave their home and temporarily settle in other cities in search for jobs or education. ZOLO had grown 300% and had served over 50,000 customers across 10 Indian cities, since its inception in 2015. It had claimed to be the largest co-living brand in India in FY 2019. Nikhil Sikri (Sikri), who was a Co-founder of ZOLO, had big plans of expanding the firm to a million beds in 5 years. However, increasing awareness of a huge untapped market in the co-living sector had led to entry of a flurry of competitors. Notable among them were Nestaway, Colive, StayAbode, CoHo and OYO Life. Facing such intense competition Sikri had the challenge to be able to sustain his company’s early momentum. How would he retain ZOLO’s market leadership position? What would be the best strategy to achieve further growth? Should ZOLO diversify into allied services or apply a more focused strategy? Sikri was facing all these challenging questions and had to quickly address them to continue to lead in this competitive race.

Subjek

ENTREPRENEURSHIP
 

Katalog

Zolostays: competing in Indian co-living space
ISSN: 2045-0621
20p.: pdf file.; 606 KB
English

Sirkulasi

Rp. 0
Rp. 0
Tidak

Pengarang

Surajit Ghosh Dastidar, Nitin Gupta, Damini Raichandani
Perorangan
 
 

Penerbit

Emerald
New York
2021

Koleksi

Kompetensi

 

Download / Flippingbook

 

Ulasan

Belum ada ulasan yang diberikan
anda harus sign-in untuk memberikan ulasan ke katalog ini