Chennai-based co-living startup Truliv has taken a strategic leap forward by entering into an equity partnership with Bennett, Coleman and Company Limited (BCCL) at a valuation of ₹356.5 crore, the company announced on Tuesday.
The development marks a major milestone for the young brand that was founded in 2019 by Rohit Reddy and Ranjeeth Rathod and operates as a subsidiary of DRA Homes. The new capital infusion follows Truliv’s earlier $2.1 million seed round backed by DRA Homes and other investors.
According to Truliv, the funds will be used to expand operations into new Indian cities, scale its digital platforms, and fuel growth into new alternate hospitality asset classes like holiday homes, retirement living, and nature-centric residences.
“We’re reimagining residential living for a mobile, modern India. This partnership helps us scale with purpose—driven by tech, design, and community-first thinking,” said Ranjeeth Rathod, co-founder of Truliv.
Built on a “built-to-suit, asset-light” model, Truliv combines real estate efficiency with the service orientation of hospitality. Its high-occupancy properties cater to young professionals, digital nomads, students, and retirees—segments that are increasingly opting for flexible, community-driven living.
Beyond co-living, Truliv is already operating in the holiday homes segment and is actively developing retirement communities, student housing, and eco-conscious homes—each designed to offer lifestyle-led experiences rooted in comfort, quality, and flexibility.
With expansion plans in the pipeline and a focus on redefining what it means to live well in modern India, Truliv is targeting ₹200 crore in annual revenue over the next three years.
