Embassy Group Ventures into Coliving with INR 1000 Cr Investment

Embassy Group entering the Coliving space with an investment of INR 1000 Cr by 2021, under a separate firm called Olive.

Will launch its first experiential centre in Bengaluru and its flagship project in Chennai with 2500 beds this year, further plans to expand to Hyderabad, Mumbai, Pune & Delhi NCR.