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...
22 Sep, 2025, 04.24 PM IST
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...
14 Oct, 2024, 11.02 AM IST
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.
11 Dec, 2023, 07.38 PM IST
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 ...
17 Jul, 2023, 05.58 PM IST
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...
06 Sep, 2022, 01.49 PM IST
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.
12 Jul, 2022, 06.20 PM IST
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...
11 Aug, 2021, 02.29 PM IST
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...
05 Jul, 2021, 06.01 AM IST
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.
25 Apr, 2020, 10.51 PM IST
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...
02 Apr, 2020, 12.24 PM IST
The current economic slump has another side to itThe new consumer behaviour of renting items has, according to experts, hit the economy.
27 Nov, 2019, 05.58 PM IST
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...
14 Oct, 2017, 01.29 PM IST
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 ...
21 Sep, 2017, 11.22 AM IST
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...
27 Jul, 2017, 02.09 PM IST
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...
06 Mar, 2017, 03.14 PM IST
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...
31 Jan, 2017, 01.08 AM IST
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.
08 Mar, 2016, 11.08 AM IST