12 Sep 2025


Trilegal advised Bain Capital on setting up a platform with Sattva Group to acquire land parcels and develop purpose-built assets for co-living accommodation across India, which will be operated and managed by Colife Advisory Private Limited (Colive), a coliving spaces provider, under the ‘Colive’ brand.
As part of the partnership, Bain Capital has also spearheaded Colive’s strategic fundraise of USD 20 million, backed by the Sattva Group, which is an existing investor in Colive.
This platform will be one of its kind in the co-living accommodation space, which is seen as a new-age alternative to traditional residential accommodation options, especially in large urban cities. The platform has already completed initial land acquisitions in Pune and Bengaluru, with nearly 0.5 Mn sq ft of co-living spaces under development.
The Trilegal Corporate Team advising on the mandate was led by Partner: Shivani Kabra; and supported by Counsel: Pooja Natarajan; and Associates: Ashootosh Kothari, Saurav Thampan, Vaishnavi Venkatesan, and Amol Gupta.
The Trilegal Real Estate Team advising on the mandate was led by Partners: Mridul Kumbalath and Sadaf Shaikh; and supported by Counsels: Arnav Nagalia and Dilnaz Bapasola; Senior Associate: Roshni Bansal; and Associates: Mahathi U and Shashank D Bharadwaj.
The Trilegal Intellectual Property Team advising on the mandate was led by Partner: Kirti Balasubramanian; and Associates: Paarth Samdani and Rimjhim Mishra.
The Trilegal Technology, Media and Telecommunications Team advising on the mandate was led by Partner: Jyotsna Jayaram; and supported by Senior Associate: Sindhu A; and Associates: Pranay Jalan, Padmavathi Prasad, and Karthik Rai.
The Trilegal Employment Team advising on the mandate was led by Partner: Apeksha Mattoo; and supported by Counsel: Rina Goyal; and Associate: Maitreya Sharma.
About Trilegal
Trilegal is a leading full-service law firm in India with over 25 years of experience, trusted for its in-depth expertise and client-centric approach. The firm advises a diverse set of clients, including Fortune 500 companies, global investment funds, major Indian conglomerates, domestic and international banks, technology and media giants, family offices, and high-net-worth individuals. With more than 145 partners operating under a distinctive lockstep model, Trilegal is the largest equity partnership in the country. The firm retains over 1,100 professionals across Mumbai, Delhi, Bengaluru, and Gurugram offices.
Trilegal has consistently been recognised among India’s top-tier firms in leading legal directories such as Chambers & Partners (Asia Pacific and Global), Legal 500 Asia Pacific, and Benchmark Litigation. It has also earned several prestigious accolades, including being named Best Overall Law Firm by India Business Law Journal (IBLJ) 2025, Innovative Lawyers in Disputes & Crisis Management by the Financial Times (FT) Innovative Lawyers Asia-Pacific Awards in 2025, M&A Firm of the Year by IFLR Asia-Pacific in 2024, Law Firm of the Year by Deal Volume at the VCCircle Awards in 2024.
For more information, please get in touch with Prakruti Jani | Mob: +91-9867868976 | BD@trilegal.com
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