What it sells
Hostel chain.
Business model breakdown
Buyer: who owns the budget?
UnverifiedIndividual backpackers and young travellers (B2C, pay per booking or buy membership) and remote workers/long-stay residents for Colive.
Trigger: what makes them buy now?
Travellers seeking cheap stays (beds from about Rs 235 per night) and renters tired of flats: Colive pitches no security deposit, no brokerage and no landlord hassle.
Workflow: what inputs become what output?
Pick a hostel and dates (including 30-night colive stays) on the site, book instantly, stay in dorm/private room/villa with Wi-Fi, workspace, cafe and activities, and earn wallet points or membership discounts for the next booking.
Economics: what it saves and how it charges
Nightly stay revenue plus paid memberships offering up to 50% off bookings and wallet points, plus trips, workation and events.
Distribution: how it reaches customers
Direct online booking on its own site, also listed on Hostelworld.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2026-04-16 | Series B | Rs 150 crore | PROMAFT Partners (lead) | news.google.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.