Swapnali Kadam
Founder
In this evolving market, COVIE is leading the charge with revolutionary coliving spaces. Since its inception in 2020 and headquartered in Pune, COVIE has rapidly emerged as a trailblazer, offering stylish, spacious, and comfortable coliving spaces that enhance the urban living experience. With a focus on creating inclusive, sustainable, and community-driven housing solutions, COVIE is dedicated to meeting the diverse needs of digital nomads, working professionals, and students. The company’s commitment to innovation and quality has earned it the trust of residents and their families, establishing it as vibrant and reliable.
Abhishek Kumar, Co-Founder
Inception of COVIE
A customer-centric business, COVIE is growing with the purpose of propelling the prominence of coliving spaces in India, pointing the industry in the right direction, ensuring the future of the sector is on a flourishing path. With this purpose, the firm is keen on creating flexible living spaces that are further enhanced by the modern and comfortable living experiences and shared amenities incorporated in the premises.
“While today’s youth may believe both in partying and working hard, they still value the comforts of retiring in their own beds. When they travel to new cities, they seek a premium experience that includes a comfortable bed, delicious and homely food with occasional variety, reliable internet connectivity, a community of like-minded individuals, and a sense of security. COVIE was established to address these needs and bridge the gap in the current market”, explains Vikrant Jharia, Business Head at COVIE.
Vikrant Jharia, Business Head
COVIE’s coliving spaces are designed to meet the needs of modern, flexible lifestyles. They offer long-term accommodations for students as well as short-term stays for corporate professionals who come to the city for training, development, or internships. This approach supports mobile work styles, allowing residents to move in and out as per their requirements. Additionally, COVIE provides flexible payment options and has partnered with third-party vendors to cover security deposits, simplifying the move-in and move-out process.
Carefully Designed Amenities
Aligned to the needs of the modern youth, and with the purpose of ensuring that individuals moving in do not feel left out or homesick, COVIE takes great care in designing and incorporating a comprehensive range of amenities. COVIE’s unique amenities and collaborative spaces feature high-end furniture and fixtures and comfy cozy mattresses. The designs and colors of the interiors have been chosen to give the residents inspiration, tranquility, and positivity, thereby helping them to concentrate on their studies or work.
Additionally, the spaces come with a range of features designed to enhance both social interaction and relaxation. They include conference rooms and game rooms equipped with foosball, table tennis, board games, and other entertainment options. Communal areas such as libraries and private work desks offer a tranquil environment for peace and quiet. Furthermore, COVIE provides recreational amenities including a gym and dedicated areas for yoga, Pilates, Zumba, and more.
COVIE properties are thoughtfully designed to include dedicated spaces for special events, such as feature dinners and live cooking sessions to treat its resident’s taste buds. Each property is equipped with advanced smart home technologies, including motion sensors for lighting, CCTV cameras for enhanced security, and access control systems to ensure resident safety. The CCTV surveillance is remotely managed by authorized personnel, providing an added layer of security. Additionally, prepaid electricity meters are installed for improved energy efficiency and resident convenience. Residents also benefit from the COVIE App, which facilitates seamless communication, ticket management, bill payments, and community engagement, making it easier to handle dues and stay connected within the community.
“Our spaces are meticulously crafted to blend aesthetics with functionality, creating a living environment that is both comfortable and inviting. We standardize high-end amenities like gyms, co-working spaces, lounges, and game rooms across all our properties. Our design philosophy ensures that every space feels like home while offering a premium living experience”, shares Abhishek Kumar, Co-Founder, COVIE. COVIE has partnered with a range of brands across beauty, retail, and FMCG sectors, offering residents exclusive discount cards for unique experiences. Additionally, the company organizes regular social events to encourage interaction and foster connections among residents. These activities include movie nights, game sessions, career workshops, and festival celebrations, all designed to strengthen community bonds.
“We regularly celebrate a variety of festivals to help residents feel at home and to honor each other’s cultures”, Vikrant explains. “Additionally, we encourage residents to invite friends, fostering a sense of togetherness during these special occasions. One highlight of the weekend is our ‘Sunday Dhaba’ or gala dinners, which students eagerly anticipate and look forward to as a cherished event”. What makes COVIE a favorite among residents is the promise of home-style, delectable meals that are both nutritious and freshly prepared. This not only offers comfort to the residents but also provides peace of mind to their parents, who may be reassured knowing their children are well cared for as they venture out from the safety of their homes for the first time.
Journey & Future
Launched amid the pandemic, the company embarked on a visionary path of growth that has seen remarkable acceleration. From securing its first property in the initial year, it swiftly scaled operations, acquiring multiple properties in a remarkably short period. This organic expansion has allowed the company to effectively cater to B2C clients, establishing a solid foundation for continued success and innovation. “While the principles of community living have deep historical roots, however, a structured business application remains relatively new and not yet widely recognized”, Vikrant explains. “We have established a mechanism to identify daily learning opportunities and maintain an agile operational strategy. By embracing continuous learning and consistently developing new strategies, we place a strong emphasis on effective sales tactics and exceptional customer experience. This approach has not only supported our sustainability but also bolstered our confidence as we move forward”.
“As a pioneer in the sector, COVIE is committed to transforming the coliving landscape in a way that fosters both sustainability and growth, benefiting all stakeholders involved. Our avant-garde strategy is designed to revolutionize the accommodation sector, delivering exceptional solutions that cater to the evolving needs of our target market. We aim to set new standards in living experiences, aligning with user expectations and driving industry-wide progress”, shares Swapnali Kadam, Founder, COVIE.
This relentless pursuit of excellence and quick adaptation ensures that COVIE remains at the forefront of the industry. The company’s dedication to fostering healthy competition and inspiring innovation is reshaping the coliving landscape, ultimately benefiting the entire sector and setting new benchmarks for quality and service. Echoing Swapnali Kadam’s ambitious vision, COVIE is making significant strides in the coliving sector with a commitment to rapid learning and adaptability. The company prioritizes a customer-centric and process-driven approach, striving to set the highest standards and redefine premium living experiences. By focusing on organic growth and continuously refining its services based on customer feedback and insights, COVIE ensures it remains at the forefront of the industry.
COVIE is actively pursuing a range of growth opportunities, including forging corporate partnerships, expanding into new cities, and innovating with concepts such as senior living. The company’s key strategies for the coming years emphasize targeting regions abundant with its core market segments—international and domestic students, working professionals, and digital nomads. By seeking strategic corporate tie-ups, COVIE aims to enhance its service offerings and develop tailored coliving solutions for business clients, driving mutually beneficial results and strengthening its market presence. Geographic expansion remains a priority, with the company focusing on new urban centers to extend its reach and capture emerging market segments. Additionally, COVIE is exploring the senior living sector, aspiring to provide empathetic, modern, and community-focused living options for older adults. The company is committed to becoming a one-stop solution for accommodation needs by optimizing resources, assets, and collaborations while integrating advanced technological features to support its growth. With an aggressive approach and a vision to dominate the coliving segment, COVIE is positioning itself as a forward-thinking leader in the industry, ensuring its impact and relevance across diverse markets.
COVIE properties are thoughtfully designed to include dedicated spaces for special events, such as feature dinners and live cooking sessions to treat its resident’s taste buds. Each property is equipped with advanced smart home technologies, including motion sensors for lighting, CCTV cameras for enhanced security, and access control systems to ensure resident safety. The CCTV surveillance is remotely managed by authorized personnel, providing an added layer of security. Additionally, prepaid electricity meters are installed for improved energy efficiency and resident convenience. Residents also benefit from the COVIE App, which facilitates seamless communication, ticket management, bill payments, and community engagement, making it easier to handle dues and stay connected within the community.
“Our spaces are meticulously crafted to blend aesthetics with functionality, creating a living environment that is both comfortable and inviting. We standardize high-end amenities like gyms, co-working spaces, lounges, and game rooms across all our properties. Our design philosophy ensures that every space feels like home while offering a premium living experience”, shares Abhishek Kumar, Co-Founder, COVIE. COVIE has partnered with a range of brands across beauty, retail, and FMCG sectors, offering residents exclusive discount cards for unique experiences. Additionally, the company organizes regular social events to encourage interaction and foster connections among residents. These activities include movie nights, game sessions, career workshops, and festival celebrations, all designed to strengthen community bonds.
As A Pioneer In The Sector, Covie Is Committed To Transforming The Co-Living Landscape In A Way That Fosters Both Sustainability & Growth, Benefiting All Stakeholders Involved
“We regularly celebrate a variety of festivals to help residents feel at home and to honor each other’s cultures”, Vikrant explains. “Additionally, we encourage residents to invite friends, fostering a sense of togetherness during these special occasions. One highlight of the weekend is our ‘Sunday Dhaba’ or gala dinners, which students eagerly anticipate and look forward to as a cherished event”. What makes COVIE a favorite among residents is the promise of home-style, delectable meals that are both nutritious and freshly prepared. This not only offers comfort to the residents but also provides peace of mind to their parents, who may be reassured knowing their children are well cared for as they venture out from the safety of their homes for the first time.
Journey & Future
Launched amid the pandemic, the company embarked on a visionary path of growth that has seen remarkable acceleration. From securing its first property in the initial year, it swiftly scaled operations, acquiring multiple properties in a remarkably short period. This organic expansion has allowed the company to effectively cater to B2C clients, establishing a solid foundation for continued success and innovation. “While the principles of community living have deep historical roots, however, a structured business application remains relatively new and not yet widely recognized”, Vikrant explains. “We have established a mechanism to identify daily learning opportunities and maintain an agile operational strategy. By embracing continuous learning and consistently developing new strategies, we place a strong emphasis on effective sales tactics and exceptional customer experience. This approach has not only supported our sustainability but also bolstered our confidence as we move forward”.
“As a pioneer in the sector, COVIE is committed to transforming the coliving landscape in a way that fosters both sustainability and growth, benefiting all stakeholders involved. Our avant-garde strategy is designed to revolutionize the accommodation sector, delivering exceptional solutions that cater to the evolving needs of our target market. We aim to set new standards in living experiences, aligning with user expectations and driving industry-wide progress”, shares Swapnali Kadam, Founder, COVIE.
This relentless pursuit of excellence and quick adaptation ensures that COVIE remains at the forefront of the industry. The company’s dedication to fostering healthy competition and inspiring innovation is reshaping the coliving landscape, ultimately benefiting the entire sector and setting new benchmarks for quality and service. Echoing Swapnali Kadam’s ambitious vision, COVIE is making significant strides in the coliving sector with a commitment to rapid learning and adaptability. The company prioritizes a customer-centric and process-driven approach, striving to set the highest standards and redefine premium living experiences. By focusing on organic growth and continuously refining its services based on customer feedback and insights, COVIE ensures it remains at the forefront of the industry.
COVIE is actively pursuing a range of growth opportunities, including forging corporate partnerships, expanding into new cities, and innovating with concepts such as senior living. The company’s key strategies for the coming years emphasize targeting regions abundant with its core market segments—international and domestic students, working professionals, and digital nomads. By seeking strategic corporate tie-ups, COVIE aims to enhance its service offerings and develop tailored coliving solutions for business clients, driving mutually beneficial results and strengthening its market presence. Geographic expansion remains a priority, with the company focusing on new urban centers to extend its reach and capture emerging market segments. Additionally, COVIE is exploring the senior living sector, aspiring to provide empathetic, modern, and community-focused living options for older adults. The company is committed to becoming a one-stop solution for accommodation needs by optimizing resources, assets, and collaborations while integrating advanced technological features to support its growth. With an aggressive approach and a vision to dominate the coliving segment, COVIE is positioning itself as a forward-thinking leader in the industry, ensuring its impact and relevance across diverse markets.
