Archive · 4 Sep 2025
Colive Secures $20M Funding, Plans Pan-India Expansion
Colive, a company that provides homes for rent, has received $20 million in funding.
The money will be used to improve its technology and expand where it operates.
Colive is also partnering with Bain Capital and Sattva Group to create a new coliving platform across India.
This platform will build and manage furnished residences for young professionals and students near job and school locations.
The new platform has already started buying land in Pune and Bengaluru.
Colive hopes to develop around eight to ten major projects soon.
This is happening because more people are looking for coliving spaces, which is why investors are interested in supporting companies like Colive.
Colive, a coliving startup, raised $20 million in Series B funding led by Bain Capital.
The funds will be used to enhance technology and expand market presence.
Colive is partnering with Bain Capital and Sattva Group for a pan-India coliving platform.
The new platform will acquire land and develop residences near employment and education hubs.
The coliving space is expected to grow significantly in the coming years.
- Who
- Colive, a technology-powered rental accommodation provider, founded by Suresh Rangarajan.
- What
- Secured $20 million in Series B funding and plans to establish a pan-India coliving platform.
- When
- The funding was secured recently, and the company was founded in 2016.
- Where
- Primarily in Bengaluru, with presence in Hyderabad, Pune, and Chennai; new platform across India.
- Why
- To enhance technology and expand market presence and to address growing demand of Gen Z and millennials.
- Funding Amount
- $20 Million (INR 176.32 Cr)
- Funding Round
- Series B
- Lead Investor
- Bain Capital
- Existing Investor
- Sattva Group
- Founded
- 2016
- Founder
- Suresh Rangarajan
- Partnership
- Bain Capital, Sattva Group
- Platform Commitment
- At least $100 Mn