Hotline: 1800 102 2007
Hotline: 1800 102 2007
Nov, 05 2019

Co-living startup CoHo plans to raise up to Rs 100 cr to expand its presence in India

Starting its operations in 2015, CoHo currently has about 3,500 beds mainly in Delhi-NCR and Bengaluru.

By News Editor
Co-living startup CoHo plans to raise up to Rs 100 cr to expand its presence in India

CoHo, a co-living startup, is planning to raise Rs 70-100 crore for expanding its presence in India. The company is eyeing at reaching one lakh beds by the year 2022.

Starting its operations in 2015, CoHo currently has about 3,500 beds mainly in Delhi-NCR and Bengaluru, and another 10,000 beds would be launched soon.

Uday Lakkar, Founder and CEO, CoHo, said, “We are actively looking to raise capitals from strategic players and pure-play financial institutions for funding our expansion plan. We are targeting to reach one lakh beds over the next three years.”

CoHo will launch co-living facilities in four metros, including Bengaluru, Chennai, Hyderabad, Pune, and other major urban cities.

“Rapid growth will be driven by a combination of leasing and franchising models. CoHo’s growth will be accelerated through partnerships with real estate developers and fund houses which are looking to build a portfolio in this space, wherein CoHo acts as an operator which best optimizes the asset monetisation,” Lakkar added.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • About Us: The Purple Salon & Spa is your destination for..
    Locations looking for expansion Maharashtra
    Establishment year 2010
    Franchising Launch Date 2019
    Investment size Rs. 50lac - 1 Cr.
    Space required 2000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • About Us:       Be a prime contributor to the society towards mouldin..
    Locations looking for expansion Uttar Pardesh
    Establishment year 2002
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required Minimum 1500 square feet of area preferably on the ground floor in any prime residential area.
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ghaziabad Uttar Pardesh
  • Tea And Coffee Chain
    Cafechocolicious brings a proven business model to start in Coffee..
    Locations looking for expansion maharshtra
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Pune maharshtra
  • About Us: Our Inspiration for ‘Mother’s Kidzee Playschool’ comes from ‘Swam..
    Locations looking for expansion Delhi
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 5lac - 10lac
    Space required 2500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities