Zolostays' first investor Nexus Venture to check out after a decade

Nexus Venture is set to sell its entire 27% stake in Zolostays, a decade after it came in as the co-living startup's first investor. The company, valued at ₹1,500–1,600 crore, recently sold its student housing unit for $12.5 million, citing focus on core operations amid rising competition.

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