
Colive.in
A technology powered network of Branded Serviced Homes conveniently located near educational institutions & workplaces.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
investor | €0.0 | round | |
$9.2m | Series A | ||
Total Funding | 000k |
Colive.in was founded with a vision to transform urban living spaces into vibrant, community-driven environments. The company was established by Suresh Rangarajan, who saw an opportunity in the growing demand for affordable and flexible housing solutions in urban areas. Colive.in offers fully managed rental homes equipped with modern amenities, catering primarily to young professionals and students.
The journey of Colive.in began with the realization that traditional rental models were often cumbersome and lacked the community aspect that many young renters desired. Suresh Rangarajan, leveraging his experience in the real estate sector, set out to create a platform that not only provided housing but also fostered a sense of community among its residents.
A significant milestone for Colive.in was securing a major funding round in 2019, which enabled the company to expand its operations across multiple cities in India. This infusion of capital was pivotal in scaling their operations and enhancing the technological infrastructure that supports their platform.
Colive.in's business model focuses on offering flexible rental terms, fully furnished accommodations, and a host of community events and services that enhance the living experience. This approach has resonated well with the urban demographic, leading to rapid growth and a strong market presence.
Today, Colive.in stands as a testament to innovative thinking in the real estate sector, continually adapting to the needs of modern urban dwellers and setting new standards for co-living spaces.