WeLive specializes in apartments for short-term or long-term stays. These apartments come fully furnished, communal kitchens with dishes and cooking utensils, televisions, furnished beds, Wi-Fi, laundry, and more facilities to make the stay more enjoyable and convenient.
WeLive, a co-living concept owned and operated by NY headquartered WeWork, is set to debut in India in 2019. The SoftBank-backed company is currently piloting the project in US and is in talks with its Indian partner, Embassy Group to launch it in the country to tap the growing numbers of millennial.
WeLive currently serves hundreds of members across 400 apartments at its first two locations, WeLive Wall Street (New York City) and WeLive Crystal City (Virginia), which opened in April 2016 and May 2016 respectively.
“Just as WeWork transformed the mode people work through its belief of flexible office pace, services, community and social interaction, WeLive will offer a disruptive substitute to the way people live. There is massive opportunity in the co-live space in India and WeLive is very bullish about it. The firm will definitely enter the country in 2019,” said two people directly aware of the developments.
Karan Virwani Karan, chief WeWork executive officer, WeWork India refused to comment on the development.
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