India, Sept. 4 -- Bengaluru-based Colive has secured $20 Mn (INR 176.32 Cr) in its Series B funding round led by Bain Capital, with participation from its existing investor and real estate major Sattva Group.

In a statement, the startup said that the fresh capital will be used to enhance technology infrastructure and expand its market presence.

Founded in 2016 by Suresh Rangarajan, Colive is a technology-powered rental accommodation provider. It provides branded and serviced ready-to-move-in homes and is mainly focussed on single professionals and young couples.

While it has a strong presence in Bengaluru, the startup's homes are also available in various pincodes across cities such as Hyderabad, Pune and Chennai.

Prior to the latest ...