Zo Rooms company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.



Series B | Alive

Total Raised


Last Raised

$30M | 7 yrs ago

Mosaic Score

+110 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Zo Rooms

Zostel Hospitality, dba Zo Rooms, is an online budget hotel stay brand operating in Delhi-NCR, Mumbai, Bengaluru, Noida, Pune, Gurgaon, Jaipur and Jodhpur.

Zo Rooms Headquarter Location

D-13/5 First Floor Okhla Phase-2

New Delhi, 110020,


9015 333 888

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Zo Rooms

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Zo Rooms is included in 1 Expert Collection, including Travel Technology (Travel Tech).


Travel Technology (Travel Tech)

2,161 items

The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.

Latest Zo Rooms News

Zostel To Receive Amount Equivalent Of 7% Stake From OYO If It Wins Case: Delhi HC

Mar 19, 2022

The division bench also disposed of Zostel’s appeal for OYO IPO Stay, after a single-judge bench of the Delhi HC also did the same in February Zostel had claimed a 7% stake in OYO’s parent company, Oravel Stays, but the Delhi HC has said that Zostel will only receive an equivalent amount, should it win the case The two startups have been at odds with each other since late 2015 In the latest development in the OYO-Zostel case, a division bench of the Delhi High Court has disposed of an appeal by hospitality startup Zostel seeking a stay on OYO’s IPO. The division bench also ruled that should Zostel win the case, OYO will pay an amount equivalent to a 7% stake in OYO’s parent company, Oravel Stays. However, the court order did not clarify how the value of the 7% stake in OYO will be arrived at. The court order has also directed OYO to inform SEBI about the latest order of the division bench of the Delhi HC. OYO has taken the understanding of the same. On the other hand, the court also ordered Zostel to not notify any statutory authority about the March 14 order. Notably, Zostel had previously written to SEBI about its dispute with OYO. However, this is the first time that a court has directed OYO to inform SEBI about the dispute, and that OYO had complied with the same. In February , a single judge hearing Zostel’s appeal to stay OYO’s IPO was disposed of as well, and the division bench of the Delhi High Court has done the same. The Delhi HC had noted that the 7% equity was never awarded to Zostel and that the firm “has no fruit to protect its 7% but has the right to seek specific performance under the term sheet between the two companies”. The bench had taken cognisance of the appeals of both OYO and Zostel and had passed a consensual order while disposing of the latter’s appeal of a stay on the former’s IPO. The consensual order notes that if Zostel wins the case, OYO will have to award up to a 7% stake to it. Notably, Microsoft had invested in OYO in September 2021, valuing the company at $9 Bn. However, the latest development notes that if Zostel wins the case, it will not receive a stake in OYO’s parent, but rather an equivalent amount. Now, these two matters will continue to be heard, going forward with a single judge at the Delhi HC. The next hearing is expected later next month. IPO-bound hospitality unicorn OYO filed its draft red herring prospectus (DRHP) in September 2021 to raise INR 8,430 Cr. As OYO was gearing up for its IPO, it had faced a legal hindrance from its long-term rival, ZO Rooms’ parent entity Zostel Hospitality. The Zostel-OYO Case Zostel had approached the Delhi High Court to restrain OYO from modifying its shareholding structure or cap table including by way of an IPO. Zostel sought a 7% stake in OYO, as had been specified during its (failed) acquisition talks in 2016. The battle between the two had begun in 2015 when the hospitality unicorn had taken Zostel Hospitality to court over alleged theft of its copyright material when the HC had issued a stay order against ZO Rooms then. Despite the court fight, in late 2015, OYO explored a potential acquisition of ZO Rooms. However, after more than two years of speculation, in an official statement in 2017, OYO confirmed that it is no longer involved in talks with ZO Rooms for a potential acquisition after entering into an alleged ‘non-binding term sheet’. The Gurugram-based hospitality unicorn said that both the companies mutually agreed to terminate the non-binding term sheet (NBTS) due to issues including non-completion of the due diligence process and transaction structuring raised by Zostel. However, Zostel has been resilient that OYO regressed from the deal after acquiring its data of employees, assets, hotel properties under the pretext of accelerating the process of acquisition. In February 2018, Zostel Hospitality filed another petition, claiming a $1 Mn in relief, alongside the 7% stated under the term sheet. In March 2021, an arbitral tribunal headed by Justice Ahmadi, a former CJI, ruled that Oravel Stays, the parent company of OYO, acted in breach of a binding agreement of acquisition of rival Zostel Hospitality, whereby it had agreed to transfer 7% of the hospitality unicorn’s shareholding to ZO Rooms’ shareholders. The latest court order, though, has made sure that Zostel will not get a stake in the IPO-bound hospitality unicorn even if it wins the case, effectively closing a long-standing point of argument between the two hospitality startups. The development comes at a time when the hospitality startup is reported to be going for a smaller IPO offering, as tech startups face headwinds in the market. OYO, however, has denied the same, calling it mere ‘speculation’. OYO told Inc42 that since they have not received the nod from SEBI on its IPO, there is nothing to be said on the matter of the volume of the share offered in the IPO.

Zo Rooms Web Traffic

Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Zo Rooms Rank

  • Where is Zo Rooms's headquarters?

    Zo Rooms's headquarters is located at D-13/5, New Delhi.

  • What is Zo Rooms's latest funding round?

    Zo Rooms's latest funding round is Series B.

  • How much did Zo Rooms raise?

    Zo Rooms raised a total of $45M.

  • Who are the investors of Zo Rooms?

    Investors of Zo Rooms include Tiger Global Management and Orios Venture Partners.

  • Who are Zo Rooms's competitors?

    Competitors of Zo Rooms include OYO Rooms and 3 more.

You May Also Like

OYO Rooms Logo
OYO Rooms

OYO is a global platform that aims to empower entrepreneurs and small businesses with hotels and homes by providing full-stack technology products and services that aims to increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world.

Treebo Hotels Logo
Treebo Hotels

Treebo Hotels offers a branded chain of affordable hotels to travelers and it has partnered with small standalone hotels and helps them improve their service quality standards.

ixigo Logo

Ixigo is an online and mobile travel search and planning website that aggregates, searches, and compares the deals for flights, hotels, buses, trains, and packages.

QiK Stay Logo
QiK Stay

QiK Stay, formerly ZoZo Stay, is a growing network of affordable premium hotels. The company has its operations in Delhi, Gurgaon, Ghaziabad, Ludhiana, Chandigarh, Kanpur and Lucknow where it has partnered with over 30 hotels.

iTraveller Logo

iTraveller is A 'Social ERP on Cloud' for tourism industry. It automates the supply chain of tourism industry, which currently lacks scalability due to huge dependence on manpower. All the activities – starting from itinerary planning, hotel reservations and client management are managed on emails, word documents and phones, leading to heavy duplication of efforts and poor operational efficiency. iTraveller has captured all of these variables in a seamless manner, using intelligent algorithms and workflows on its platform. Being hosted on cloud, this is a plug-n-play application, which takes just about 15 minutes to configure and start operating a business; monthly billing is based on the usage. The long-term objective is to automate and organize the vacation planning businesses, including hotel inventory, transportation providers, travel agents and destination managers, mapping the demand & supply, to create a social ERP platform.

Nestaway Technologies

Nestaway Technologies operates a managed online marketplace for shared accommodation for singles. Nestaway seeks to turn houses available for renting into fully-furnished and managed apartments and provide them to pre-verified tenants.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.