Rental space startup Livve raises $1.5M in seed round from angel investors

Kochi-based startup Livve has raised $1.5 million in seed funding from undisclosed angel investors. 

The rental space provider said it will use the funds to find quality furnished homes and connect tenants and landlords on a common platform. Livve also said it will be doubling its operations and improving the quality of the experience with technology. 

Started in 2015 in Kochi, Livve claims to provide high rental returns for property owners, helping them stablize their rental income. For tenants, the startup offers low deposits and a standardized living experience. It also gives one-month deposit option to tenants, which can be used as the last month’s rent. Livve also assures tenants to receive their full advance on the same day of vacating the property.

The startup selects properties and improves its interiors and charges rent as per the location. It standardizes the property with furniture including ACs, sofa, TV, wardrobe, beds, lighting, and study table, and only then it goes live on the platform.