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Truliv Secures Strategic Investment from The Times Group at INR 356.5 Cr Valuation
- Chennai-based coliving startup Truliv secures strategic equity partnership with The Times Group at a valuation of INR 356.50 crore.
- Funds from the investment will be used to expand into new cities, enhance the tech-driven property management platform, and enter hospitality segments like holiday homes and retirement living.
- Truliv aims to achieve an annual revenue of INR 200 crore within the next three years.
- Founded in 2019, Truliv currently operates mainly in Chennai and offers premium coliving spaces with modern hospitality services.
- The startup reported significant growth, doubling revenue to INR 31.63 crore in FY25 with a net profit of INR 22 lakh.
- Truliv had previously secured $2 million in seed funding and $1.5 million in pre-seed funding from various investors.
- The company plans to expand operations to Bengaluru, Pune, and Hyderabad.
- The coliving sector in India is gaining investor interest due to evolving lifestyle choices and urban migration, with Truliv competing with players like Stanza Living and Zolo Stays.
- The Indian coliving sector is projected to grow from INR 4,000 crore in 2025 to INR 20,000 crore by 2030.
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