Furlenco is a subscription-based furniture rental platform that allows users to rent furniture on a monthly basis.
Furlenco is a home furniture subscription program based out of Bangalore. Founded by Ajith Karimpana in 2012, Furlenco was born out of his frustration at finding well-designed, sophisticated, and affordable furniture to rent for his home.Furlenco offers a range of curated home furniture experiences, designed to suit the lifestyle needs of varied audiences spanning students to families and expatriates. The company's solutions are convenient, cost-effective and offer access to quality furniture with the added advantage of being able to exchange it at will depending on the client's requirements.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Feb 23, 2022 | Debt Financing | ₹753M | 3 | Klub | — | Detail |
Jan 21, 2021 | Debt Financing | ₹200M | 1 | BlackSoil | — | Detail |
Nov 9, 2020 | Debt Financing | ₹530M | 1 | Rangoli Resorts | — | Detail |
Feb 11, 2020 | Series C | ₹160M | 1 | — | — | Detail |
Aug 23, 2019 | Debt Financing | ₹70M | 1 | Chowdry Associates | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Klub | Yes | Debt Financing |
BlackSoil | Yes | Debt Financing |
Rangoli Resorts | Yes | Debt Financing |
InnoVen Capital | Yes | Series Unknown |
United oxygen | — | Debt Financing |
Eudora Ventures | — | Debt Financing |
Chowdry Associates | — | Series C |
Signet Chemical Corporation | — | Series Unknown |
M Krishna Sindhuri Private Trust | — | Debt Financing |