From Settl. to Colive, co-living startups find room to double capacity

Co-living operators such as Settl., Aurum PropTech, and Colive are raising funds from investors to expand their businesses

As an outstation student, 25-year-old Ashmita Das was struggling to find accommodation in Bengaluru upon joining her engineering college. But that was until she discovered the advantages of co-living through a recommendation from her classmate. On entering the space, Das discovers it to be remarkably accessible, with top-notch infrastructure, amenities, and digital features.

As demand picks up in the post-pandemic era, co-living startups are expanding their capacity to meet the requirements of customers, mostly working millennials looking for affordable living options with flexibility.

The Indian co-living market is projected to double by 2025, reaching almost $13.9 billion across the top