The Covie

Pune, India Founded: 2020 • Age: 6 yrs
Provides furnished coliving spaces with amenities in major Indian cities.

About The Covie

The Covie is a company based in Pune (India) founded in 2020 by Abhishek Kumar and Swapnali Bhosale Kadam. It operates as a B2C and D2C. The Covie offers products and services including Coliving Spaces, Furnished Rooms, Nutritious Meals, Fitness Center, and High-Speed Internet. The Covie operates in a competitive market with competitors including Stanza Living, PadSplit, Badi, Rukita and Housr, among others.

Key Metrics
  • Annual Revenue
    ₹3.19 Cr

    FY 2024 · -21% YoY

  • Net Loss
    -₹3.74 Cr

    FY 2024 · -117% margin

  • EBITDA
    -₹3.34 Cr

    FY 2024 · -105% margin

Products & Services of The Covie

The Covie offers a comprehensive portfolio of products and services, including Coliving Spaces, Furnished Rooms, Nutritious Meals, Fitness Center, and High-Speed Internet.

Coliving Spaces
Accommodation Service

Furnished shared living arrangements with modern amenities for professionals

Furnished Rooms
Housing

Fully equipped rooms in urban coliving setups for comfortable stays

Nutritious Meals
Food Service

Provided meals to support healthy living in coliving environments

Fitness Center
Wellness Facility

On-site fitness options to promote resident health and activity

High-Speed Internet
Utility Service

Reliable connectivity for work and leisure in shared spaces

Apps and channels of The Covie

its YouTube channel The Covie has 102 subscribers and 13 videos.

The Covie
YouTube 102 subscribers 13 videos News & Politics
Open channel

Videos from The Covie

The most watched videos on The Covie's YouTube channel, The Covie (102 subscribers). Click a video to play it here.

Your search for the best hostel or PG ends COVIE Vimannagar 102!
6K views
COVIE Bannerghatta 141 | The co-ed co-living space at Bannerghatta; Why search for hostel or PG?
2.9K views
COVIE | The new age co-living that inspires you to be the best version of yourself!
1.5K views
coliving spaces in pune
405 views

More on The Covie.

Board of directors of Covie Ventures Private Limited (The Covie)

Covie Ventures Private Limited is the primary company behind The Covie. The boards of the 2 registered companies of The Covie currently have 3 directors; the longest-serving is Swapnali Vishwajit Kadam, appointed in 2021. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Swapnali Vishwajit Kadam
DIN 00062199
Director01 Dec 20214 yrs 10 moCovie Services Private Limited
Nitin Shivajirao Bhalerao
DIN 03642080
Director10 Mar 20224 yrs 7 moCovie Ventures Private Limited, Covie Services Private Limited
Kunal Sarjerao Ghorpade
DIN 07259445
Director19 Jan 20242 yrs 8 moCovie Ventures Private Limited

People of The Covie

5 people are tracked at The Covie (2 in leadership, 3 in team).

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
Tanu Mathur
Senior Executive Human ResourcesTeam
Pranit Jawale
Sales Marketing PositionsTeam
Shivangi Jain
Assistant Marketing ManagerTeam
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Complete people profiles for The Covie

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Financials of The Covie

Figures of Covie Ventures Private Limited, the primary company behind The Covie, for FY 2024. Revenue was ₹3.19 Cr (-21% year on year). Net loss was -₹3.74 Cr (-117% margin). EBITDA was -₹3.34 Cr (-105% margin). Revenue has grown at a compounded annual rate of +201% over three years.

  • ₹3.19 CrRevenue · FY 2024 · -21% YoY
  • -₹3.74 CrNet loss · -117% margin
  • -₹3.34 CrEBITDA · -105% margin
  • ₹1 LakhPaid-up capital
  • +201%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Covie Ventures Private Limited are on its company page.

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Detailed financial statements for The Covie

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Competitors of The Covie

The Covie operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stanza Living, PadSplit, Badi, Rukita and Housr, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
stanzaliving.com2017Gurugram, India$232.71M210
Operator of managed accommodations providing fully-furnished living spaces with essential amenities
padsplit.com2017Atlanta, United States$35.22M50
Managed co-living spaces are provided through leased properties from homeowners.
badi.com2015Barcelona, Spain$50.5M–
AI-driven platform to find shared accommodation
rukita.co2019Jakarta, Indonesia$15M–
Lifestyle residences are provided to revolutionize rental housing solutions.
housr.in2018Gurugram, India$13.74M126
Fully furnished coliving spaces and serviced apartments are managed.
selina.com2015London, United Kingdom$405M1
Online platform for booking hostel accommodation and co-working spaces for travelers
common.com2015New York, United States$152.36M247
Provider of managed co-living spaces
habyt.com2017Berlin, Germany$120.07M–
A platform is provided for finding managed co-living spaces.
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Detailed competitors of The Covie

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of The Covie

The website of The Covie (thecovie.com) receives about 16.9K visits a month.

  • Monthly visits
    16.9K

    ▲ 67% vs previous month

Similar websites

Websites whose visitors overlap most with The Covie. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cupliv.com
100%
–#2,696,314View details
housr.in
99%
33.3K#564,727View details
yukio.in
98%
67.4K#587,013View details
thehelloworld.com
97%
101.1K#321,841View details
hubandoak.com
96%
4.2K#4,521,519View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 20 similar websites and full traffic analytics for The Covie

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 20 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on The Covie

Premium access

Complete news archive for The Covie

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
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  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to The Covie

10 companies that operate in the same segment as The Covie (Services for Restaurants), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Catering equipment is provided by Airedale Group in the UK.
1986Bradford, West Yorkshire, United Kingdom–USD 85.2 M493
Collective catering and kitchen services for diverse settings are provided.
1969Libercourt, Pas-de-calais, France–––
Offers handmade European comfort food using organic ingredients in multiple cafés.
–Delhi, Delhi, India–USD 68.97 M3,138
Bespoke hospitality services for corporate clients are designed and delivered.
2000Reading, United Kingdom–USD 555.78 M–
Offers Indian sweets, snacks, ready-to-eat foods, and restaurant experiences globally.
1990Delhi, Delhi, India–––
Meal planning and cleaning services are provided to restaurants.
2009Columbia, United States–––
Vivartia is recognized as a leading food and catering group in Greece.
2006Spata, Attica, Greece–––
Cafe services, online food ordering, and delivery operations.
2017Bengaluru, Karnataka, India–USD 1.68 B3,383
Mobile ordering and payment services for restaurants are provided.
2019Oslo, Oslo, Norway–USD 1.35 M55
Levy Restaurants is engaged in providing hospitality and food services.
1978Chicago, Illinois, United States–––
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Frequently Asked Questions about The Covie

The Covie was founded in 2020.

The Covie is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

The primary company behind The Covie, Covie Ventures Private Limited, reported revenue of ₹3.19 Cr for FY 2024, down 21% year on year.

COVIE delivers curated premium coliving spaces designed for youth and working professionals, featuring furnished rooms, nutritious meals, fitness centers, and high-speed internet. These properties are located in urban centers like Mumbai, Pune, Delhi, Bangalore, and Gurugram, fostering a community-oriented living environment. The company operates from Maharashtra, India, emphasizing convenience, security, and modern amenities to support residents lifestyles and professional needs.

The Covie's top competitors include PadSplit, Stanza Living and Housr.

The Covie offers Coliving Spaces, Furnished Rooms, Nutritious Meals, Fitness Center, and High-Speed Internet.

The Covie is associated with 2 legal entities: Covie Ventures Private Limited, Covie Services Private Limited.

The legal entities of The Covie currently have 3 directors, including Kunal Sarjerao Ghorpade, Nitin Shivajirao Bhalerao, Swapnali Vishwajit Kadam.

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