Colive Secures $20 Million in Funding to Expand Co-Living Solutions Across India
Colive, a leading co-living startup in Bangalore, has raised $20 million in funding led by Bain Capital. The funds will be used to enhance technology infrastructure, expand market presence, and establish a $100 million co-living real estate platform in India.
ColivingReal EstateFundingTechenabledRental HousingReal Estate NewsSep 06, 2025
The $20 million funds will be utilized to support Colive's vision of becoming the 'Future of Living.' The company aims to accelerate its growth trajectory through enhanced technology infrastructure, expanded market presence, and reinforced market leadership in tech-enabled rental housing solutions across India.
Sarit Chopra, partner at Bain Capital, highlighted the transformative potential of Colive in the Indian urban housing market. 'India is experiencing a fundamental shift in urban housing preferences, and Colive is uniquely positioned to address this growing demand through technology-enabled, community-focused living solutions,' Chopra said.
The new platform will focus on acquiring land, developing flagship communities, and delivering purpose-built rental housing in India’s largest urban centers. This initiative aims to meet the increasing demand from young professionals and students for high-quality, community-driven living spaces.
Founded in 2016 by Suresh Rangarajan, Colive offers smart, furnished, and managed flexible homes closer to workplaces and colleges for the urban migrant population. Suresh Rangarajan, founder and CEO of Colive, expressed his excitement about the funding. 'This funding represents a pivotal moment in Colive's journey to revolutionize urban living for young professionals throughout India. It signifies strong investor confidence in our vision,' Rangarajan added.
Colive is committed to reshaping urban living through its 6S guiding principles: style, safety, smart, service, savings, and social. These principles ensure a superior living experience for its residents. The company's mission is to become 'Your Family, Away from Family,' providing a supportive and vibrant community for urban dwellers.
This strategic investment from Bain Capital and Sattva Group will enable Colive to expand its offerings and continue to lead the co-living market in India, catering to the evolving needs of young professionals and students.
Frequently Asked Questions
What is Colive's mission?
Colive's mission is to become 'Your Family, Away from Family' and reshape urban living through its 6S guiding principles: style, safety, smart, service, savings, and social.
How much funding has Colive raised?
Colive has raised $20 million in funding, led by Bain Capital, with participation from Sattva Group.
What will the funds be used for?
The funds will be used to enhance technology infrastructure, expand market presence, and establish a $100 million co-living real estate platform in India.
Who are the founders of Colive?
Colive was founded in 2016 by Suresh Rangarajan.
What are the 6S guiding principles of Colive?
The 6S guiding principles of Colive are style, safety, smart, service, savings, and social.
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