Participated · Equity · Sep 2025

Colive operates purpose-built co-living communities targeting young professionals and students, leveraging technology to enable community-centred rental housing. The company is expanding via a dedicated PropCo real estate platform managed by Colive, focused on acquiring land and developing flagship communities. PropCo has completed initial land acquisitions in Pune and Bengaluru and has nearly 0.5 million square feet of co-living space under development. Colive is evaluating additional opportunities in Bengaluru, Pune, and Hyderabad and aims to deliver 8–10 flagship developments in the near term. The recent strategic funding and partnership are intended to strengthen Colive’s tech infrastructure, expand market presence, and reinforce its leadership in tech-enabled rental housing across India. The company’s expansion is positioned against a growing co-living market in India, which industry reports expect to reach 1 million beds by 2030 and a potential market size of ₹20,000 crore by the end of the decade. CoLive, owned by CoLife Advisory Pvt. Ltd, converts long-term leased properties into branded, serviced shared-living homes and earns revenue via fixed rentals and property-management fees. The company operates 75 properties in Bengaluru with roughly 3,000 beds and aims to scale to one million managed homes across 25 cities. CoLive recently expanded into Vellore and Coimbatore and plans to enter Trichy, Thanjavur, Madurai and Amaravati in the next quarter. Management says it is on track to reach a 10,000-beds target in the next couple of quarters. The startup plans to use new funding to expand services, strengthen technology infrastructure, and enhance its talent pool. Its stated focus includes addressing student and urban rental demand through technology and strategic planning.

Participated · Series B · May 2022

Surfboats Solutions Pvt. Ltd operates Smytten, a sampling and engagement platform founded in 2015 by Siddhartha Nangia and Swagat Sarangi that began as a luxury product sampling service and pivoted to D2C and premium brand sampling in India. The platform serves categories including fragrances, beauty, makeup, male grooming, food and beverages, baby and mother care, and health & wellness. Smytten says it launches a new brand on its platform daily and brings 15–20 new products every day for consumers to try, and it lists partnerships with brands such as Mamaearth, mCaffeine, The Man Company, WOW Skin, Clinique, Faces Canada, Plum, Sugar and Lakme. The company employs more than 300 people and plans to double down on hiring, particularly engineering talent. It intends to use recent funding to enhance its tech infrastructure and apply artificial intelligence and machine learning to brand building and customer acquisition. To date it has raised over $20 million in institutional funding. Smytten operates a sampling and engagement platform serving direct-to-consumer (D2C) brands. The company helps brands run product sampling and consumer engagement programs to support new product development, acquisition, and retention. Smytten says it will use the new capital primarily to scale its user base and to build industry-first technology and data solutions to optimize the marketing funnel. The funding is positioned to enhance capabilities across product development through consumer acquisition and retention. The company was founded by ex-Googler Swagat Sarangi and an ex-Unilever executive. Smytten operates a brand discovery and experience platform that partners with premium and luxury brands to provide lifestyle products and services across health, fitness, beauty, and grooming. The company runs a sampling business and fulfills one million monthly sampling orders from a warehouse in Ahmedabad. Smytten says it focuses on brand and customer interaction rather than conventional e-commerce. The startup plans offline expansion across India and intends to open warehouses in Gurugram and Bengaluru soon. Management stated the funds will be used to expand the user base, infrastructure, and offline footprint. Smytten operates an online discovery platform focused on premium and luxury products and services. The platform curates and showcases luxury offerings for consumers seeking high-end products and services. Smytten has raised $200,000 in a seed funding round. That seed round was led by Rimpal Chawla, ex‑MD of Credit Suisse Asset Management India, and Anuj Srivastava, CEO of Livspace and a prolific angel investor. The article does not provide revenue or user metrics. No future plans or use of proceeds were disclosed in the coverage.

Participated · Series A · Mar 2022

Pi Beam Electric is a vertically integrated EV-as-a-service platform for logistics and commute applications, founded by Visakh Sasikumar and Manu Iyer. The company controls EV products, financing and O&M and supplies services to leading e-commerce companies, food delivery unicorns and last-mile supply chain companies. Pi Beam is currently present in Bengaluru and Chennai and plans to expand to Hyderabad, Mumbai and Delhi. It aims to increase its fleet to 2,000 by the next financial year and has collaborated with IIT Madras to integrate advanced EV technologies. The startup said the funds will be used to develop its deployment platform, expand the team, scale operations to multiple cities and develop new products. The company raised $1.7 million in a Pre-Series A round led by Inflection Point Ventures.