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FURLENCO FOUNDER
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...- In consumer goods, access to capital no longer the primary differentiator; profitability key for survivalIndia's consumer businesses are changing their strategy. They are now focusing on profitability rather than just rapid growth. Digital plat...
- IPO-bound Rentomojo doubles net profit on 37% revenue growth in FY25Rentomojo, a furniture and electronics rental startup, reported a significant profit increase to Rs 43 crore in fiscal year 2025. Operating...
- Grip appoints Vaibhav Laddha as chief business officerMulti-asset alternative investment platform Grip has brought on board Vaibhav Laddha as chief business officer. Laddha will lead growth ini...
- 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...
- 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...
- Why renting stuff can be more beneficial for youConsumers nowadays are opting to rent cars, instead of buying them. An emerging trend has been to rent furniture and appliances, especially...
- 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...
- Why more and more consumers now prefer to share rather than buyA sizeable sharing economy is opening up on apps and mobile sites that allow users to pick up a mind-boggling array of stuff on rent—design...
- 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.
- Startup founders begin grooming next generation of employeesAt home rental startup NoBroker, about ten senior employees work with Agarwal on projects related to maximising revenue, and driving operat...
- 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 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...
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