Ranjeeth Rathod (Truliv)
Overview
Ranjeeth Rathod is an influential figure in the Indian real estate and hospitality sector, primarily known for his role as Co-Founder and Managing Director of Truliv. Truliv is a pioneering co-living and alternate asset hospitality venture headquartered in Chennai, India. Over the years, Rathod has built a reputation for his innovative approach to urban living, emphasizing flexible and community-oriented spaces. Truliv, co-founded with Rohit Reddy in 2019, has rapidly evolved to become one of India's leading companies in the co-living market, catering to millennials, students, and retired individuals. The company is particularly known for its asset-light, technology-driven model and has recently achieved profitability, marking a significant milestone in the competitive Indian co-living landscape.
Recent Developments
Recent years have been eventful for Ranjeeth Rathod and Truliv, marked by a series of financial and operational milestones:
- September 2025: Truliv announced its intention to raise its Series A funding round, expanding its operations into new and existing markets. The company aims to capitalize on its recent strategic partnership with Bennett, Coleman & Company Ltd (BCCL), which valued Truliv at INR 356.50 crore. ( VCCircle )
- June 2025: The strategic partnership with BCCL was formalized, reinforcing Truliv's market positioning with fresh capital to fuel its expansion into new cities and diversify into additional hospitality segments like holiday homes and retirement living. ( Entrepreneur )
- 2024: Truliv expanded its footprint into Bengaluru with the launch of their first projects, setting the stage for further expansion into other major Indian cities such as Pune, Hyderabad, and Gurgaon. ( EquityPandit )
- November 2024: Truliv's parent company, DRA Homes, secured a facilities management contract from the Tamil Nadu government, highlighting Truliv's growing influence in integrated facilities management and urban planning. ( APN News )
- July 2023: Truliv launched its flagship property, Truliv Olympus, in Porur, Chennai, offering a state-of-the-art co-living experience targeted at young professionals. ( The Hindu )
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Ranjeeth Rathod |
| Born | Not publicly available |
| Nationality | Indian |
| Occupation | Co-Founder and Managing Director of Truliv, various roles in DRA Homes and other companies |
| Known For | Co-Founder of Truliv, leadership in real estate and co-living sectors |
| Net Worth | Not publicly available |
| Education | MBA in Finance, University of Wales; Bachelor of Commerce, Loyola College |
Early Life and Education
While specific details about Ranjeeth Rathod's early life are sparse, it is known that he pursued higher education in commerce and finance, earning a Bachelor of Commerce from Loyola College and an MBA in Finance from the University of Wales. Rathod's educational background laid the foundation for his entrepreneurial journey, equipping him with the necessary skills in financial management and strategic planning pivotal in his various ventures in real estate and hospitality. His understanding of finance has been instrumental in his leadership roles across multiple companies, including DRA Homes.
Career and Notable Achievements
Ranjeeth Rathod's career spans over two decades, with a significant focus on real estate development and the hospitality industry:
- 2003-Present: Served in various capacities at MNC Enterprises, eventually becoming a Whole-time Director.
- 2011-Present: Co-founded Truliv Properties & Services Private Limited, revolutionizing the co-living space in India.
- 2017-Present: Managing Director at multiple DRA group companies, such as DRA Aadithya Projects Private Limited.
- 2022-2023: Oversaw the launch of Truliv Olympus in Chennai, representing a milestone in co-living innovation.
- 2025: Achieved profitability with Truliv, making it India's first profitable co-living startup, highlighting Rathod’s emphasis on an asset-light operational model.
Current Work and Impact
As of 2025, Ranjeeth Rathod continues to drive innovation in co-living and alternate hospitality through Truliv. By focusing on affordability and community living, Truliv has positioned itself as a pioneer of modern urban lifestyles in India. The company's growth model, which emphasizes technology-driven and flexible living solutions, has reshaped the hospitality landscape. Rathod's strategic vision ensures that Truliv remains at the forefront of combining technology with traditional real estate, catering to diverse demographics from students to retirees.
Conclusion
Ranjeeth Rathod's contributions to the co-living and real estate sectors mark him as a transformative figure in modern urban development in India. Under his leadership, Truliv has not only expanded its offerings but has also demonstrated that profitability and growth can coexist in the alternate hospitality sector. Rathod's vision for innovative, community-focused living spaces continues to set new standards for urban accommodation. As Truliv looks poised for further growth, Ranjeeth Rathod’s impact is likely to extend beyond current achievements, shaping the future trajectory of urban living in India.