Truliv Secures Strategic Investment from The Times Group at INR 356.5 Cr Valuation
- ByStartupStory | June 24, 2025
Chennai-based coliving startup Truliv has announced a strategic equity partnership with Bennett, Coleman & Co. Ltd (BCCL), widely recognized as The Times Group, at a valuation of INR 356.50 crore. The move marks a significant milestone for the startup as it looks to scale operations and broaden its service offerings in India’s rapidly growing coliving and alternative hospitality market.
While the financial details of the deal remain undisclosed, Truliv said the funds will be deployed to expand into new cities, strengthen its tech-driven property management platform, and foray into hospitality segments, including holiday homes and retirement living. The company has set an ambitious target of reaching INR 200 crore in annual revenue within the next three years.
Founded in 2019 by Ranjeeth Rathod and Rohit Reddy, Truliv currently operates mainly in Chennai, offering premium coliving spaces along with new-age hospitality services. The startup has reported strong growth momentum—based on provisional figures for FY25, Truliv more than doubled its revenue to INR 31.63 crore and achieved profitability, with a net profit of INR 22 lakh. This comes after FY24 results which showed INR 15.55 crore in revenue and a net loss of INR 3.4 crore, according to data sourced from Tofler.
“This strategic investment from BCCL will enable us to amplify our presence, invest in deeper technology-led solutions, and build robust institutional partnerships across the real estate and hospitality spectrum,” said Ranjeeth Rathod, Co-founder of Truliv.
Previously, Truliv raised $2 million in seed funding and $1.5 million in pre-seed funding from Conquest Global Ventures VCC, Vara Future LLP, and other investors. The company retains 80% promoter ownership and has outlined plans to launch operations in Bengaluru, Pune, and Hyderabad in the near future.
The strategic partnership with The Times Group also highlights a broader investor shift toward the coliving sector, which is gaining traction thanks to changing lifestyle preferences, urban migration, and growing demand for flexible, community-based living models. According to Colliers India, the Indian coliving sector is expected to grow 5X—from INR 4,000 crore in 2025 to INR 20,000 crore by 2030.
Truliv will continue to compete with players like Stanza Living, Zolo Stays, Colive, and NestAway as it carves its niche in India’s expanding shared-living ecosystem.
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