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FURLENCO
Rentomojo files draft prospectus for Rs 1,100-1,200 crore IPORentomojo has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for an initial public offering of...- Sleepwell parent to acquire Kurl-On and Furlenco for Rs 2,035 croreSheela Foam has signed a deal to acquire a 35% stake in online furniture retailer Furlenco furniture for Rs 300 crore. The acquisition of a...
- 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.
- 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...
- 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...
- 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...
- 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 ...
- Furlenco uses a mix of functional and fun content to turn millennials into renters for lifeA service specifically targeted at an urban, tech savvy and mobile population of twenty and thirty-somethings, Furlenco’s philosophy in a n...
- Online furniture rental company Furlenco ropes in Jatin Sapru for new campaignSapru, a known face of cricket coverage on Star Sports, has traveled to every corner of the cricketing globe to bring the game to the India...
- Furlenco launches new range of rental furniture at a lower price pointThe ‘Essentials’ range showcases about 8-10 packages include double beds, sofas, wardrobes, etc and starts at rentals of Rs 499 – a 50% dro...
- Furlenco partners with Pocket Aces to target millennialsWith a budget of Rs 2 crore, the two urban brands will extend the partnership up to the second-half of 2017.
- 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...
- Furlenco elevates VP of products and technology Ashwin Venkatraman to COOVenkatraman, who has been with Furlenco for a year, has previously worked with global technology giants Infosys, Google and InMobi.
- 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...
- Furlenco raising Rs 38 crore in series-A funding from Lightbox VenturesThe three-year-old startup has been founded by Ajith Karimpana, who has worked at Morgan Stanley and Goldman Sachs in the US.
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