What Olive Living does

Olive Living, legally EPDPL Coliving Operations Private Limited (CIN U45201KA2022PTC163114), is an asset-light, tech-enabled hospitality and co-living platform headquartered in Bengaluru, India, and backed by the Embassy Group. The company operates three consumer-facing sub-brands — Olive Hotels (full-service short-stay hotels), Olive Zip (budget short-stay hotels) and Olive Life (co-living spaces for students, young professionals and digital nomads) — across 45+ properties in Bengaluru, Goa, Vijayawada, Chikkamagaluru, Hyderabad, Pune and Andhra Pradesh. Pricing spans roughly ₹2,000–₹4,600 per night for hotel rooms and ₹12,000–₹46,000 per month for co-living units, with corporate booking available via a dedicated sales channel.

The company's underlying technology stack is centered on an AI-enabled hotel management system supporting remote operations, contactless check-in/check-out, real-time property analytics, AI-powered CCTV surveillance and dynamic pricing, which it positions as enabling fewer on-site staff and lower per-unit operating costs than traditional hotels. In July 2025 Olive launched AI-native "Open Hotels" targeting India's budget segment and disclosed a forward-looking FY26 revenue target of ₹200 crore.

Olive's business model blends direct-to-consumer revenue from nightly and monthly rentals with a B2B partner/franchise program under which asset owners onboard Olive's brand, technology and operating system in exchange for a revenue share. The company reports no external venture funding beyond approximately $2.69M in disclosed rounds (a $2.19M 2019 round from Embassy Group plus ~$500K in May 2023), indicating that growth to date has been primarily parent-funded. In 2024, Olive signed a Strategic Licensing Agreement with Hilton to develop 150 Spark by Hilton Hotels in India — the most material expansion signal in the dataset. Leadership includes Co-Founder & CEO Kahraman Yigit, COO Dhruv Kalro and Managing Director of parent Embassy Developments Ltd Aditya Virwani; headcount is reported at 11–50 employees, consistent with an asset-light operating model.

Name

Olive Living

Legal name

EPDPL COLIVING OPERATIONS PRIVATE LIMITED

Website

https://oliveliving.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Olive Living is an asset-light, AI-enabled hospitality and co-living platform operating 45+ properties across India under sub-brands Olive Hotels, Olive Zip and Olive Life, serving business travelers, digital nomads and young professionals via nightly and monthly bookings under a parent-backed franchise model.

Ownership category

akta.pro rank

Product category

Hospitality Services (Hotels and Co-Living)

NAICS

Accommodation (721), Traveler Accommodation (7211), Other Traveler Accommodation (72119)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Co-Living / Hybrid Extended-Stay Residences (THAGAEAK)

akta.pro secondary industry

Extended-Stay Brand Residences (Managed Residences) (THAGAEAM)

Keywords

• Hospitality services
• Hotel accommodations
• Co-living spaces
• AI hotel operations
• Budget hotels

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Hotel Room Rentals (Nightly): Traditional hotel accommodation revenue from nightly stays across Olive Hotel properties. Revenue generated from booking fees, room rates varying by property type and location.
2. Co-Living Monthly Rentals: Monthly rental revenue from Olive Life co-living properties targeting young professionals, students, and digital nomads. Flexible rental periods from monthly to longer stays.
3. Short-Stay Budget Hotels: Revenue from Olive Zip budget hotel properties focused on affordable short-stay accommodations in prime urban locations.
4. Partner/Operator Licensing: Revenue-sharing model with property owners and developers. Olive provides brand, operations management, AI technology, and marketing in exchange for a share of rental yields.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Olive Living is an asset-light hospitality company that operates and franchises a portfolio of branded hotels and co-living spaces across India. The company runs three product brands—Olive Hotels (full-service hotels for short and extended stays), Olive Zip (budget short-stay hotels), and Olive Life (co-living for young professionals and digital nomads)—delivered through an AI-enabled remote-operations platform that supports contactless check-ins, real-time analytics, and dynamic pricing.

Product overview

Olive Living operates a multi-brand hospitality platform comprising three distinct product lines: Olive Hotels (full-service hotels for short trips, long stays, business travel, and weekend getaways), Olive Zip (budget-friendly short-stay hotels), and Olive Life (co-living spaces for young professionals and digital nomads). With 45+ operational properties across key Indian cities including Bangalore, Goa, Vijayawada, Chikkamagaluru, Hyderabad, Pune, and Andhra Pradesh, the company positions itself as India's first remote and digital hotel operator, combining tech-enabled hotel management with AI-powered operations and community-driven living spaces.

Differentiator

Problem solved

Functional benefit

Brands

• Olive Hotels: Full-service hotel brand offering modern, budget-friendly stays in prime locations across Bangalore, Goa, Vijayawada, and Chikkamagaluru. Suitable for short trips, long stays, business travel, and weekend getaways.
• Olive Zip
• Olive Life

Products and services

• Olive Hotels Full-service hotels offering modern, budget-friendly stays in prime locations across Bangalore, Goa, Vijayawada, and Chikkamagaluru for short trips, long stays, business travel, and weekend getaways; priced from ₹2,000–₹3,000+/night with Standard, Superior, Executive, and Suite categories.
• Olive Zip Short-stay budget hotels designed for travelers seeking affordable rooms (from ₹2,660/night), great locations, and essential comfort without extra frills; available in Bangalore and Goa with Standard, Deluxe, and Executive categories.
• Olive Life Co-living spaces designed for young professionals, students, and digital nomads offering fully furnished private rooms with shared amenities, flexible monthly rentals (₹12,000–₹46,000/month), and built-in community across Bengaluru's vibrant neighborhoods.
• AI-Native Open Hotels AI-native hospitality offering launched in July 2025 targeting India's budget accommodation segment, leveraging Olive's proprietary remote-operations and AI-driven management platform to deliver automated, contactless stays.

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Partnerships

Two partnerships are on record, tiered flagship and core.

• Hilton (Strategic Licensing Agreement)flagshipStrategic or Co-development PartnerOlive by Embassy has signed a Strategic Licensing Agreement with Hilton to bring 150 Spark by Hilton Hotels to India. This is a significant partnership that expands Olive's brand portfolio under an internationally recognized hospitality brand.
• Embassy Group (Parent Company)coreStrategic or Co-development PartnerEmbassy Group is the parent company of Olive Living, providing brand equity, capital, and 30+ years of hospitality and real estate expertise. The group has built trust, faith, and numerous commercial properties over three decades.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Sonder Holdings: Tech-enabled operator of short-stay apartments and hotels globally using a software-driven operating model. Comparable to Olive on the tech-enabled, asset-light / managed-unit model and AI-led operations positioning, though in Western markets.
• Lemon Tree Hotels: Listed Indian hotel chain with mid-market and upscale brands (Lemon Tree, Red Fox, Keys) operating owned, leased, and managed properties. Comparable to Olive on the mid-market Indian hotel segment, though operating on a more traditional owned/leased model rather than asset-light.

Others

• Aariv Technology (Embassy Group's tech JV): Internal tech and real estate capabilities of the Embassy Group parent, which could be either an enabler or alternative use of Embassy capital. Included as an ecosystem participant that influences Olive's roadmap and funding.

Emerging players

• The Hosteller: Asset-light hostel and co-living brand targeting backpackers, students, and remote workers across Indian leisure destinations. Comparable to Olive on short-stay budget hospitality and digital-nomad customer, though focused more on backpacker/leisure vs. business travel.

Direct peers

• Zostel: India's largest backpacker hostel and co-living brand operating asset-light hostels nationwide. Comparable to Olive on tech-enabled short-stay accommodations, multi-city Indian footprint, and youthful traveler / digital-nomad customer segment.
• Treebo Hotels: Asset-light chain of branded budget/mid-market hotels across India operating on a franchise and partner model. Closely comparable to Olive Hotels on product (mid-market rooms), GTM (partner program), and customer (price-conscious business and leisure travelers).
• FabHotels: Tech-enabled budget hotel brand operating franchise and partner properties across India. Comparable to Olive's asset-light budget hotel model (Olive Zip) on pricing, customer segments, and franchise-style operating model.
• Stanza Living: Managed co-living operator for young professionals and students across multiple Indian cities. Directly comparable to Olive Life on co-living product, monthly rental model, and target persona (young professionals / students / digital nomads).
• OYO Rooms: India's largest asset-light hotel brand aggregator operating budget and mid-market hotels across India. Directly comparable to Olive Hotels on the technology-enabled, partner-franchise model and the budget/mid-market traveler segment.
• Colive: Tech-enabled co-living platform operating furnished shared living spaces across India. Closely comparable to Olive Life on co-living product, monthly subscription pricing, and young professional / student target segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/theoliveliving
• Facebookfacebook.com/theoliveliving
• Instagraminstagram.com/theoliveliving
• LinkedInlinkedin.com/company/olivecoliving

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Olive Living