Zolostays Property Solutions Pvt. Ltd., an Indian co-living startup, is seeking to raise $100 million in its Series C financing round.

Zolostays Property is in advanced discussions with new investors regarding the proposed financing deal.

The startup intends to use the projected funds to back the extension of its workforce team, boost inventory size and also upscale furnishing options across its current inventory.

Additionally, Zolostays Property is planning to launch in more cities including Indore, Nagpur, Nasik, ​and Chandigarh in 2020.