Co-living startup Truliv raises $1.5mn

Chennai: Co-living and holiday homes startup Truliv has raised a pre-seed round of $1.5 million (around 12 crore) from various investors led by Conquest Global Ventures VCC, Vara Future LLP, and others at a post-money valuation of around 60 crore. Coliving refers to a segment of real estate where high-quality and well-located properties are offered as shared rental accommodation. This is driven by millennials who want comfort and ease of living. The model is fast growing as a way to solve the affordable housing problems for young urban workforce who prefer plug & play accommodation.

Launched in 2019, Truliv provides housing and community solutions for all demographic populations of India right from millennials to retired people.