India, June 23 -- Chennai-based coliving startup Truliv today said it has entered into a strategic equity partnership with Bennett, Coleman & Co. Ltd (BCCL) at a valuation of INR 356.50 Cr.

However, the company did not disclose the financial terms of the deal.

Truliv will use the fresh capital to expand into new cities, enhance its tech-driven platform and foray into hospitality segments like holiday homes and retirement living.

The startup aims for an annual revenue of INR 200 Cr in the next three years.

BCCL (also commonly known as The Times Group) is a media conglomerate based in Mumbai. Major brands under the group include The Times of India, The Economic Times, Times Now, Radio Mirchi, Filmfare and Femina.

As per Tofler, Truliv ...