Settl.
Settl. (Samasth Living Private Limited) is a Bangalore-based managed coliving platform operating 50+ furnished properties across Bangalore, Hyderabad, Gurgaon, and Chennai. It serves young professionals and students with all-inclusive monthly rentals, curated community events, and a resident mobile app.
- Company typePrivate
- Founded2020
- HeadquartersBangalore, India
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Settl. does
Settl. (legally Samasth Living Private Limited) is a Bangalore-headquartered managed coliving operator founded in 2020 that provides fully furnished, all-inclusive accommodation to young working professionals and students relocating to India's major employment cities. The company runs 50+ branded properties (Santana, Oslo, Dinant, Azore, Cardiff, Lagos, Vienna, Lush, etc.) with roughly 2,600 units across Bangalore, Hyderabad, Gurgaon, and Chennai, and reports having hosted more than 4,000 residents cumulatively. Room configurations span shared rooms (from Rs 10,999/month), private rooms (from Rs 24,999/month), and full flats in 1 RK through 3 BHK formats (up to Rs 74,999/month), with a minimum tenure of three months.
The underlying platform combines a direct-to-consumer website (thesettl.com), a branded mobile application (Settl Connect, available on Google Play and App Store) for bookings, payments, service requests, and community engagement, and standardized in-property infrastructure including biometric security, smart-meter electricity, 24/7 power backup, high-speed internet, on-site laundry, and routine housekeeping. Inventory is assembled through a property-owner partnership model in which Settl. manages third-party residential assets under the Settl. brand, which keeps the operator asset-light relative to owned-property competitors.
Commercially, Settl. operates a recurring monthly subscription revenue model with all-inclusive rents, targeting two primary personas—young professionals (22–35) in IT/startup/corporate roles and students—with property owners as a secondary business unit. The company has raised approximately Rs 14.9 crore (~$1.8M) across a $500K seed round (November 2021, We Founder Circle, ah! Ventures, angels) and a Rs 10 crore pre-Series A round (January 2024, led by Gruhas and We Founder Circle). Customer acquisition is driven primarily by content marketing, SEO-optimized city pages, and word-of-mouth within the resident community rather than paid performance marketing.
Settl. firmographics
Firmographics- Name
- Settl.
- Legal name
- Samasth Living Private Limited
- Website
- https://thesettl.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Settl. (Samasth Living Private Limited) is a Bangalore-based managed coliving platform operating 50+ furnished properties across Bangalore, Hyderabad, Gurgaon, and Chennai. It serves young professionals and students with all-inclusive monthly rentals, curated community events, and a resident mobile app.
- Ownership category
- akta.pro rank
Settl. industry classification
Industry- Product category
- Managed Co-living Accommodation
- NAICS
- Other Residential Care Facilities (623990), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Other Residential Care Facilities (6239)
- SIC
- Services-To Dwellings & Other Buildings (7340), Services-Facilities Support Management Services (8744), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)
- akta.pro primary industry
- Student-Focused Co-Living (Flexible, Community-Led) (THAMAGAI)
- akta.pro secondary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
Keywords
Where Settl. is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Settl. business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Monthly Rental Income: Settl generates revenue through monthly rental payments from residents occupying coliving spaces. Rent is all-inclusive, covering furnished rooms, utilities, internet, cleaning, maintenance, and access to common amenities. Pricing varies by room type (shared, private, full flat) and location, with rents ranging from approximately Rs 10,999 to Rs 74,999 per month.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Shared Room - Entry-level coliving accommodation with shared common areas |
| Subscription | Monthly | Private Room - Individual room with shared living spaces |
| Subscription | Monthly | 1 RK/1 BHK Full Flat - Complete apartment units for single occupancy or couples |
| Subscription | Monthly | Cardiff Property Chennai - Multi-room property with various configurations |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Settl. product offering
Product offeringCore offering
Settl. operates a managed co-living and paying guest (PG) accommodation platform providing fully furnished rooms and apartments across Bangalore, Hyderabad, Gurgaon, and Chennai for working professionals and students. Residents pay a single all-inclusive monthly rent that covers the furnished unit, utilities, high-speed internet, housekeeping, maintenance, 24/7 power backup, biometric security, and access to curated community events. Discovery, booking, payments, and service requests are handled via the company's website and the Settl Connect mobile app.
Product overview
Settl. operates as a co-living platform offering fully furnished managed accommodation across four Indian cities (Bangalore, Chennai, Hyderabad, and Gurgaon). The core offering consists of the Settl. Co-Living Platform, complemented by the Settl. Connect mobile application for resident management and the Settl. Home Owners service for property owners. Properties are branded with unique names (e.g., Lagos, Cardiff, Vienna, Azore, Lush) and offer various room types including shared rooms, private rooms, RK, 1 BHK, 2 BHK, 3 BHK, and 4 BHK configurations with all-inclusive pricing covering amenities like 24/7 power backup, high-speed WiFi, on-site laundry, and cleaning & maintenance.
Differentiator
Problem solved
Functional benefit
Products and services
- Settl. Co-Living Platform A managed co-living and paying guest (PG) accommodation platform providing fully furnished rooms, RKs, and 1-4 BHK apartments for working professionals and students across Bangalore, Hyderabad, Gurgaon, and Chennai. All-inclusive monthly rent covers utilities, high-speed internet, housekeeping, maintenance, 24/7 power backup, biometric security, and on-site laundry, with stays starting at a three-month minimum tenure.
- Settl. Connect Mobile App A mobile application enabling Settl. residents to discover community connections, receive event updates, make swift payments, and raise service requests. Available on Google Play and the Apple App Store as part of the Settl. resident experience.
- Settl. Home Owners A property management service through which residential property owners list and have their homes managed by Settl. as branded coliving inventory, with Settl. handling furnishing, tenant operations, and ongoing maintenance.
Companies that use Settl.
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Settl. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Settl. partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights6 records
Settl. competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Settl. social profiles
Digital presenceSettl. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Settl. leadership team
Management profileNumber of profiles
Profiles3 records
Settl. funding detail
Funding detailFunding overview
Funding rounds3 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Settl. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Settl.
What does Settl. do?
Settl. operates a managed co-living and paying guest (PG) accommodation platform providing fully furnished rooms and apartments across Bangalore, Hyderabad, Gurgaon, and Chennai for working professionals and students. Residents pay a single all-inclusive monthly rent that covers the furnished unit, utilities, high-speed internet, housekeeping, maintenance, 24/7 power backup, biometric security, and access to curated community events. Discovery, booking, payments, and service requests are handled via the company's website and the Settl Connect mobile app.
Is Settl. a public or private company?
Settl. is a private company. It is classified as venture growth investor backed and is currently operating.
When was Settl. founded?
Settl. was founded in 2020. It employs 51 to 100 people.
Where is Settl. based?
Settl. is headquartered in Bangalore, India, in the Asia region.
How does Settl. make money?
One revenue line is on record: monthly Rental Income.
Does Settl. have an API?
No public API is recorded for Settl..
What industry is Settl. in?
Settl.'s product category is Managed Co-living Accommodation. Its primary akta.pro industry code is THAMAGAI, Student-Focused Co-Living (Flexible, Community-Led), with a secondary code of BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts). Its NAICS code is 623990 and its SIC code is 7340.