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FURLENCO REVENUE
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...
- Furniture, appliances rental startup Rentomojo picks bankers for IPO, sources sayBengaluru-based furniture rental platform Rentomojo has appointed IIFL and Motilal Oswal as bankers for its planned IPO in FY27. The compan...
- Furniture rental startup Rentomojo nears Rs 200 crore FY24 operating revenueRentomojo reported a 60% rise in operating revenue to Rs 193 crore in FY24. Controlled rise in expenses during the year saw net profit surg...
- Omnichannel furniture retailer Pepperfry reduces losses to Rs 187.6 crore, revenue up 10% in FY23Pepperfry had recorded operating revenue of Rs 246.9 crore in FY22, marking a 23% growth over FY21.
- 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 ...
- Revenue-based financing platform Klub closes Rs 200 crore maiden fundSequoia Capital-backed Klub is a Sebi-registered Category II Alternative Investment Fund, it aims to accelerate disbursements across growth...
- 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 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...
- The current economic slump has another side to itThe new consumer behaviour of renting items has, according to experts, hit the economy.
- 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...
- Pepperfry eyes volume from newly launched furniture rentalsThe homeware and furniture online retail market is expected to cross $1.1 billion in revenues in 2017 from $900 million in 2016 growing at ...
- 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 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...
- 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...
- 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.
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