TRULiV Becomes India's First Profitable Co-Living Startup

TRULiV, a leading player in India’s co-living and alternate hospitality sector, has announced its first profitable fiscal year, becoming the country’s first co-living startup to achieve this milestone.

For FY 2024–25, the company reported revenues of Rs. 34.32 crore, marking a 108.8 percent jump from Rs. 15.53 crore in the previous year, alongside a net profit of Rs. 13 lakh, reversing a Rs. 3.47 crore loss in FY 2023–24. Founded in 2019, TRULiV has scaled rapidly with a capital-efficient, asset-light model, focusing on sustainable growth.

Key Highlights

• TRULiV posts Rs. 34.32 cr revenue in FY25 with first-ever profit
• Valuation rises to Rs. 356.5 cr with BCCL’s strategic investment
• Plans expansion to 7,000+ beds and Rs. 200 cr revenue in 3 years

The company currently has nearly 7,000 beds signed across Chennai, Bengaluru, Hyderabad, and Pune, expected to go live in the next 12–18 months. With this expansion, it is targeting Rs. 50 crore in revenues for FY 2025–26.

TRULiV’s differentiated supply model and customer-first approach have positioned it among the Top 5 co-living brands in India. Its valuation was recently strengthened by a strategic investment from Bennett, Coleman & Co. Ltd (BCCL) at Rs. 356.5 crore, underlining investor confidence and recognition of its operational discipline. The company is also backed by Conquest Capital, DRA Homes, and select HNIs.

“Turning profitable in a fast-growing yet highly competitive sector, and doing so within five years, is a milestone we are deeply proud of,” said Rohit Reddy, Co-Founder & CEO, TRULiV. “Gen Z and Millennials are shaping the future of urban living, and TRULiV meets their demand for flexibility, design, and friendship-led communities.”

“This success proves that profit and growth are both possible in alternate hospitality,” said Ranjeeth Rathod, Co-Founder & Managing Director, TRULiV. “We see our journey as the beginning of a larger transformation—making alternate hospitality both aspirational and financially viable across India.”

Also Read: Livlit Eyes Rs. 18 Cr Turnover by FY26 in Co-Living Growth Push

Looking ahead, TRULiV plans to diversify into holiday homes, retirement living, and nature-centric stays, projecting Rs. 200 crore in annual revenues within the next three years. This achievement highlights not just the profitability milestone, but also the company’s potential to shape the future of India’s co-living and alternate hospitality ecosystem.