Zolostays gets new chief financial officer

BANGALORE: Co-living brand Zolostays, has appointed Sidhartha Mehra as its Chief Financial Officer. Mehra will be responsible for leading and overseeing Zolo's financial operations with a sustainable financial model, in line with the company’s growth strategy.

Mehra brings with him 19 years of experience in financial management, planning and finance transformation. Commenting on his new role, Mehra, in a stament said, “My role will largely focus on financial management and strengthening the position of Zolo in every market and I am looking forward to that." He will be based out of Bengaluru.

In a statement, Nikhil Sikri, CEO & Co-Founder, Zolostays, said, “Sidhartha Mehra will be an important member of Zolo’s leadership team as we continue to expand our presence to more cities nationally as well as globally.”

Zolostays currently operates in more than 350 properties across 10 cities like Bangalore, Chennai, Kota, Delhi NCR, Mumbai, Coimbatore, Pune, Gurugram, Noida and Hyderabad via two kinds of models - Zolo Standard and Zolo Select. Zolostays has 45,000 live beds and locked-in 2,00,000 beds for the near future. Its target customers are students and early professionals.