TRULiV Posts ₹32.34 Cr Revenue & Net Profit In FY2024–25

TRULiV, a pioneering force in India’s co-living and staycation sector, today announced 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 ₹32.34 crore, a 108% jump over the previous year’s ₹15.53 crore, and recorded a net profit of ₹13.15 lakh, reversing a ₹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 ₹50 crore in FY 2025–26, maintaining its focus on operational discipline, curated experiences, and a differentiated supply model.

Commenting on this historic milestone, Mr. Rohit Reddy, Co-Founder & CEO, TRULiV said, “Turning profitable in a fast-growing yet highly competitive sector, and doing so within five years, is a milestone we are deeply proud of. While the year-on-year growth rate of India’s co-living sector is currently estimated at 17% CAGR, TRULiV has delivered over 100% 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.”

Adding to this, Mr. Ranjeeth Rathod, Co-Founder & Managing Director, TRULiV, said “This success proves that profit and growth are both possible in alternate hospitality. We’re proud to be among India’s Top 5 in under five years, but even prouder to have reached this with a sustainable, asset-light model and a deep customer-first focus. 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 (BCCL) at ₹356.5 crore, recognizing 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 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 ₹200 crore in annual revenue within the next three years.