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.
- Headquarter Pune, India
- Founders Abhishek Kumar, Swapnali Bhosale Kadam
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Sectors
ConsumerTravel & Hospitality
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Phone
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Website
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Social
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- Legal Name Covie Ventures Private Limited
- Date of Incorporation 31 Dec, 2019
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$385.92 K (USD)2626.49as on Mar 31, 2022
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Net Profit
$-192.64 K (USD)-18.04as on Mar 31, 2022
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EBITDA
$-304.37 K (USD)-94.93as on Mar 31, 2022
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Furnished shared living arrangements with modern amenities for professionals
Fully equipped rooms in urban coliving setups for comfortable stays
Provided meals to support healthy living in coliving environments
On-site fitness options to promote resident health and activity
Reliable connectivity for work and leisure in shared spaces
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Funding Insights of The Covie
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by The Covie
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - The Covie
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
The Covie Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Operator of managed accommodations providing fully-furnished living spaces with essential amenities
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| domain | founded_year | HQ Location |
Managed co-living spaces are provided through leased properties from homeowners.
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| domain | founded_year | HQ Location |
AI-driven platform to find shared accommodation
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| domain | founded_year | HQ Location |
Lifestyle residences are provided to revolutionize rental housing solutions.
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| domain | founded_year | HQ Location |
Fully furnished coliving spaces and serviced apartments are managed.
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| domain | founded_year | HQ Location |
Online platform for booking hostel accommodation and co-working spaces for travelers
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on The Covie
Frequently Asked Questions about The Covie
When was The Covie founded?
The Covie was founded in 2020.
Where is The Covie located?
The Covie is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
What is the annual revenue of The Covie?
Annual revenue of The Covie is $385.92K as on Mar 31, 2022.
What does The Covie do?
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.
Who are the top competitors of The Covie?
The Covie's top competitors include PadSplit, Stanza Living and Housr.
What products or services does The Covie offer?
The Covie offers Coliving Spaces, Furnished Rooms, Nutritious Meals, Fitness Center, and High-Speed Internet.