Settl - About the company
Settl is a seed company based in Bengaluru (India), founded in 2020 by Abhishek Tripathi and Bharath Bhaskar. It operates as a Chains providing fully furnished coliving residential spaces with all-inclusive amenities. Settl has raised $2.55M in funding from investors like ah! Ventures, RKG Enterprises and Gruhas, with a current valuation of ₹*****. The company has 502 active competitors, including 56 funded and 14 that have exited. Its top competitors include companies like Stanza Living, Colive and PadSplit.
Company Details
Chains providing fully furnished coliving residential spaces with all-inclusive amenities. These properties offer modern living solutions for urban professionals, featuring high-speed internet, power backup, and on-site laundry services. The residences are designed to foster community interaction through shared common areas and organized social events. Management handles maintenance, cleaning, and security to ensure a seamless living experience. The service model focuses on providing comfortable, tech-enabled environments that simplify city living for residents.
- Website
- www.thesettl.com/
- Social
- Email ID
- *****@thesettl.com
- Phone Number
- +91 **********
- Registered Address
- VO-684 ,WeWork ,Prestige Atlanta ,Software Industry, No 10/12, 80 Feet Main Road Koramangala 1A Block, Koramangala, Bangalore, Bangalore South, Karnataka, India, 560034
Key Metrics
Founded Year
2020
Location
Bengaluru, India
Stage
Seed
Total Funding
$2.55M in 7 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Sep 18, 2024
Investors
Ranked
25th among 502 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2024
Employee Count
21 as on Mar 31, 2025
Similar Companies
Legal entities associated with Settl
Settl is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
SAMASTH LIVING PRIVATE LIMITED CIN: U45400KA2019PTC129943 , India, Active | Nov 22, 2019 | ₹10 - ₹50 Cr (As on Mar 31, 2024) | 21 (As on Mar 01, 2025) |
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Settl's funding and investors
Settl has raised a total funding of $2.55M over 7 rounds. Its first funding round was on Jul 27, 2020. Its latest funding round was a Seed round on Aug 22, 2024 for $*****. 2 investors participated in its latest round. Settl has 19 institutional investors and 131 angel investors.
Here is the list of recent funding rounds of Settl:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 22, 2024 | 8058646 | Seed | 7208519 | 5490613 | 6661734 | 8401061 |
Apr 13, 2023 | 4776763 | Seed | 6420588 | 1629088 | 6384642 | |
Jan 03, 2023 | 1559825 | Seed | 9163257 | 7683868 |
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Settl's founders and board of directors
Founder? Claim ProfileThe founders of Settl are Abhishek Tripathi and Bharath Bhaskar.
Here are the details of Settl's key team members:
- Abhishek Tripathi: Co-Founder of Settl and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address
- Bharath Bhaskar: Co-Founder of Settl. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Settl's Board of Directors
Settl's board has 3 active members. Bharath Bhaskar, Prashant Himatbhai Sarkhedi and Abhishek Tripathi . are part of team.Here is the list of Settl's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 5m | |
Team | - | Current | 6y 11m | |
Investor | - | Current | 3y 3m |
View details of Settl's Founder profiles and Board Members
Settl's employee count trend
Settl has 21 employees as of Mar 25. The total employee count is 73.0% lower than what it was in Mar 24. Here is Settl's employee count trend over the years:
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Settl's Competitors and alternates
Top competitors of Settl include Stanza Living, Colive and PadSplit. Here is the list of Top 10 competitors of Settl, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Stanza Living 2017, Gurugram (India), Series E | Chains providing managed residential housing for students and working professionals | $214M | 76/100 | |
2nd | A tech-enabled managed co-living space provider | $31.8M | 75/100 | ||
3rd | _1582547671127.png?devicePixelRatio=2&height=30&width=30){kind=logo} PadSplit 2017, Atlanta (United States), Series B | Provider of managed co-living and shared accommodation | $35.2M | 72/100 | |
4th | Chains providing managed residential housing for students and working professionals | $113M | 72/100 | ||
5th | AI-driven platform to find shared accommodation | $50.5M | 72/100 | ||
6th | Provider of managed co-living spaces | $6.7M | 71/100 | ||
7th | Provider of a platform to find managed co-living spaces | $120M | 64/100 | ||
8th |  The Social Hub 2006, Amsterdam (Netherlands), Series E | Hospitality concept offering trendy design and quality accommodations in 15 cities in Europe. | $460M | 64/100 | |
9th |  HelloWorld 2019, Bengaluru (India), Acquired | Operator of fully-managed accommodations offering community, essential amenities, and flexible lease terms | $10M | 60/100 | |
10th | Operator of co-living spaces with flexible rental and stay options | $2.1M | 59/100 | ||
25th | Chains providing fully furnished coliving residential spaces with all-inclusive amenities | $2.55M | 46/100 |
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Financials of Settl
SAMASTH LIVING PRIVATE LIMITED, the legal entity associated with Settl, generated between ₹10 Cr and ₹50 Cr in revenue for the financial year ending on Mar 31, 2024. The revenue of SAMASTH LIVING PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 104% in the last 1 year.
Financial Statement Summary
Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 3244 | 8673 | 4824 | 3713 | 4948 |
Total Sales | 4311 | 8630 | 9314 | 4276 | 4327 |
Total Expenses | 6062 | 5046 | 5790 | 8260 | 1941 |
Operating Expenses | 7902 | 1844 | 5604 | 1102 | 5746 |
Employee Expenses | 1741 | 7104 | 8360 | 1451 | 7607 |
Operating Income (EBIT) | 7227 | 1743 | 4282 | 2763 | 9028 |
Interest Expenses | 1419 | 8006 | 3608 | 1731 | 3270 |
Expenses from other activities | 4505 | 1147 | 7901 | 2204 | 7924 |
EBITDA | 9564 | 3575 | 2356 | 8581 | 5872 |
Taxes | 3600 | 5823 | 1584 | 2689 | 3237 |
Net Profit | 8936 | 9450 | 7843 | 7509 | 6509 |
Balance Sheet | |||||
Assets | 4931 | 4681 | 7947 | 9408 | 1056 |
Accounts Receivables | 3831 | 1097 | 1025 | 1181 | 7656 |
Inventory | 4701 | 8437 | 4981 | 5199 | 4413 |
Liabilities | 1761 | 7734 | 3146 | 5912 | 1699 |
Total Debt | 7213 | 7344 | 8189 | 1728 | 6041 |
Accounts Payable | 2090 | 7404 | 4347 | 6095 | 8327 |
Equities | 3431 | 9526 | 7482 | 3591 | 9903 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Settl's Investments and acquisitions
Settl has made no investments or acquisitions yet.
Reports related to Settl
Here is the latest report on Settl's sector:
News related to Settl
Filter this list•
Settl expands its co-living footprint to 4,000 beds in FY 2023-24Construction World•Jun 01, 2024•Settl
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Co-living startup Settl raises Rs 10 Cr in pre-series A roundEntrackr•Jan 02, 2024•We Founder Circle, Settl, Gruhas, Anthill Ventures and 7 others
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SkinQ has raised INR 3 Cr in Seed Funding Round from IPV.Enablers•Dec 29, 2023•SkinQ, Inflection Point Ventures, Superangles, Venture Catalysts and 3 others
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Settl FY23 revenue jumps two-fold to Rs 17cr, to add 3,000 beds by MarchBusiness Standard•Jul 03, 2023•Settl
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Co-living operator Settl. to double its bed strength to 5,000 by FY24-endBusiness Standard•Apr 27, 2023•Settl
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Co-living startup Settl. to double capacity to 4,000 beds by June 2023Business Standard•Aug 31, 2022•Settl
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Settl, a co-living startup in Northern India, has expanded its operationsStartup Story•Jan 16, 2022•Settl
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Co-living startup settl raises $500k from ah! Ventures, we founder circle, othersYourStory•Nov 24, 2021•Settl, ah! Ventures, We Founder Circle, We Founder Circle and 4 others
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