Colive, India’s leading and Bengaluru’s largest coliving platform, has entered a strategic alliance with Bain Capital and Sattva Group to launch a nationwide coliving real estate platform with an initial investment commitment of $100 million, Bain Capital announced on Thursday.
The platform will focus on acquiring land, building flagship communities, and delivering purpose-built rental housing across India’s major urban hubs. Alongside this partnership, Colive has also secured $20 million in strategic funding led by Bain Capital.
This $20 million growth investment will support Colive in strengthening its technology infrastructure, scaling its market presence, and consolidating its position as a leader in tech-driven rental housing solutions across India, the company said.
The exclusive real estate platform, operated by Colive, has already secured land in Pune and Bengaluru, with nearly 0.5 million sq ft of co-living spaces currently under development. Further opportunities are being explored in Bengaluru, Pune, and Hyderabad.
“India is experiencing a fundamental transformation in urban housing preferences, and Colive stands uniquely positioned to address this surging demand through technology-enabled, community-focused living solutions. Our investment commitment demonstrates our unwavering confidence in this market category and Colive’s established leadership position,” stated Sarit Chopra, Partner, Bain Capital.
