TRULiV India’s First Profitable Co-living Start-up, Doubles Revenue in FY25

Chennai, September 4, 2025: TRULiV, a pioneering force in India’s co-living and staycation sector, announced on Thursday that it has become the first Indian company in the co-living and alternate hospitality sector to achieve profitability. 

The company posted FY2024–25 revenues of INR 32.34 crore, a 108 per cent jump over the previous year’s INR 15.53 crore, and recorded a net profit of INR 13.15 lakh, reversing a INR 3.47 crore loss in FY 2023–24. This comes just five years after launch in 2019 as TRULiV outpaces the sector’s growth rate while maintaining a capital-efficient, asset-light model.

With nearly 7,000 beds signed across Chennai, Bengaluru, Hyderabad and Pune—expected to go live in the next 12-18 months—TRULiV aims for revenues of INR 50 crore in FY 2025-26, maintaining its focus on operational discipline, curated experiences and a differentiated supply model.

“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 and CEO, TRULiV.

“While the year-on-year growth rate of India’s co-living sector is currently estimated at 17 per cent CAGR, TRULiV has delivered over 100 per cent year-on-year growth by staying capital-efficient and putting community and experience at our core.”

Gen Z and Millennials are shaping the future of urban living, and TRULiV meets their demand for flexibility, design and friendship-led communities,” he added.

Ranjeeth Rathod, Co-founder and MD, TRULiV, said, “This success proves that profit and growth are both possible in alternative hospitality. We’re proud to be among India’s top five in under five years, but even prouder to have reached this with a sustainable, asset-light model and a deep customer-first focus.”

He added, “We see our journey as the beginning of a larger transformation—making alternate hospitality both aspirational and financially viable across India.”

Earlier this year, TRULiV’s valuation was bolstered by a strategic investment from Bennett, Coleman & Co. Ltd at INR 356.5 crore, recognising its rare blend of investor confidence, fast scale-up and a capital-efficient business model. It is also backed by Conquest Capital, DRA Homes and a few HNIs. 

As the company scales to new cities and diversifies into emerging segments like holiday homes, retirement living and nature-centric stays, the company’s capital-efficient growth model is projected to generate INR 200 crore in annual revenue within the next three years.