Bain Capital, Sattva launch $100 million coliving platform
Colive, India’s leading and Bangalore’s largest co-living platform, entered into a strategic partnership with Bain Capital and Sattva Group to establish a pan-India coliving real estate platform with an initial commitment of at least $100 million, Bain Capital said on Thursday.
The new platform will be dedicated to acquiring land, developing flagship communities, and delivering purpose built rental housing across India’s largest urban centers. As part of the partnership, Colive also raised $20 million in strategic funding, spearheaded by Bain Capital.
