Indian co-living cos tap new revenue streams to ease COVID-19 impact

Indian co-living cos tap new revenue streams to ease COVID-19 impact

Living room. Source: Filios Sazeides/Unsplash

Co-living startups are pursuing new revenue streams to diversify their business, emerging from a protracted coronavirus-induced lockdown when they had to renegotiate rentals, invoke force majeure clauses and face low occupancies. According to co-living service providers, demand is returning, but the home rental market has seen massive disruption with occupancy levels staying below pre-covid levels.