Furlenco

Furlenco is a furniture rental company that offers a home furniture subscription program. It is India's first and only Home Furniture Subscription Program based out of Bangalore.

Furlenco enables the urban Indian to live better today in their homes, by giving them award-winning furniture and home decor on rent.

Furlenco was founded in 2012 by Ajith Karimpana. The company has it's headquartered in Bengaluru, Karnataka, India and has operations in Bangalore, Delhi, Gurgaon, Noida, Pune, and Mumbai.

 

Furlenco’s range of products includes solutions for living rooms, bedrooms, and dining rooms, along with a host of benefits that include free relocation, free swap, free deep-cleaning services, and damage waiver.

 

Furlenco operates in more than a dozen Indian cities, allows customers to rent a range of furniture items. In recent quarters, it has expanded to other categories including fitness equipments, appliances, electronic products, as well as two-wheeler vehicles.

 

Furlenco's subscription-based online rental furniture platform, which provides furniture, home decor and home appliances on rent, has, since inception, served an estimated 200,000 customers.

 

Furlenco is backed by Lightbox Ventures, Zinnia Global Fund,CE-Ventures, Beeline Impex, Dabur Scion, Amir Khan and others. The company raised $140M inn Series D, comprises $120M Debt and $20M in equity on Jul 05, 2021. This brings Furlenco's total funding to $203.5M to date.

 

 

  • Year founded: 2011
  • Funding Info: $203.5M over 8 Rounds (Latest Funding Type: Debt Financing)
  • Yearly Revenue: Rs 100 Crore (2020)
  • Employee Size: 201-500
  • Business Valuation: Valued at $125M as of Apr 01, 2020
  • City/Town: Bangalore
  • State: Karnataka
  • Country: India
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