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AJITH MOHAN KARIMPANA
Sheela Foam to pick 94.66% in Kurlon for Rs 2,150 cr; 35% in Furlenco for Rs 300 crThe acquisition will be funded by a mix of equity, internal accruals, and debt. Although Sheela Foam has a history of acquisition, this is ...- Furlenco expects revenue to reach Rs 500 cr by March 2024Furlenco is present in the business of furniture rentals across six cities -- Delhi-NCR, Mumbai, Bengaluru, Hyderabad, Chennai, and Pune.
- Furlenco parent House of Kieraya (HoK) announces key CXO appointmentsHouse of Kieraya (HoK) - the parent of furniture and lifestyle company Furlenco - has brought on board Nitesh Mohandas as its chief busines...
- Furniture rental startup Furlenco lays off 180 employees amid restructuringThe Bengaluru-based startup is backed by the likes of UAE-based CE-Ventures, Zinnia Global Fund, Lightbox, Bollywood actor Aamir Khan, amon...
- A world made of stories: House of Kieraya CEO shares his top five must read booksHouse of Kieraya CEO opens up about what he learnt from Susan Jeffers’s ‘Feel the Fear and Do It Anyway’ and other books on his pandemic re...
- Furlenco rejigs model, starts House of Kieraya as umbrella brandHouse of Keiraya will include Furlenco as a sub-brand, furniture subscription service Unlmtd and remanufactured furniture offering Furbicle...
- Furlenco raises $140 million from Zinnia Global Fund, othersThe funding will help Furlenco, which offers furniture on rent, expand its geographic reach, launch new products and plans, and support mar...
- How some startups are being inventive in the face of coronavirus pandemicSuddenly, startups that were looking for growth avenues were scrambling for ways to survive. The smart ones, however, have learnt to adapt.
- Furlenco closes $10 million debt and equity financing round from existing backersThe subscription-based online rental furniture platform, which provides furniture, home decor and home appliances on rent, has, since incep...
- Rental startups will soon rate customers to predict their behaviourThe move could resolve many trust-based issues for these startups, but will be challenging to implement, say experts.
- Aamir invests in furniture renting startup, FurlencoThe latest name added to the list is actor Aamir Khan who has invested in furniture renting startup Furlenco, according to documents filed ...
- You can be a perfect candidate for startup jobs if you are ready to take risk & learnFunds may be drying up but some startups are still hiring and look for characteristics such as accepting mistakes and assuming ownership in...
- How India's startup story changed in 2016Flipkart, Snapdeal, and Ola, the poster children of the Indian startup scene, watched their valuation dropping — Flipkart, most notably, fr...
- Furlenco inks co-branding partnership with AirbnbThe co-branding collaboration is the first of its kind that Airbnb, one of the world's most highly valued startups, has entered into in Ind...
- Now, Red Chillies partners with online furniture rental firm Furlenco for 'Dear Zindagi’Furlenco and Red Chillies have also launched a TVC and an exclusive ‘Dear Zindagi’ store for the movie buffs.
- Furlenco makes key hires to lead marketing, operations verticalsThese appointments are part of the company’s plans to further boost its core proposition and growth.
- Furlenco raises Rs 200 crore in debt and equity financing in new funding roundThis is the third investment in the country by Axis Capital Partners, which had earlier backed fin-tech venture uTrade and online marketpla...
- First-mover advantage: Pepperfry reaping rewards of being the first online furniture retailerThe furniture business is largely unorganized, and logistics make it a complicated and expensive proposition, but it's exactly these challe...
- Why renting makes sense, at least in BengaluruFrom a purely financial angle, Bengalureans, primarily the floating population which changes job and city every three to four years, are ju...
- Company to move to Koramangala to meet increasing request flow: Ajith Mohan Karimpana, Founder, FurlencoThe company majorly caters to the age group of 22-34 years old, consisting of students, early jobbers to newlyweds, and those relocating be...
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