[Funding alert] BlackSoil Capital invests Rs 20 Cr into furniture subscription platform Furlenco
Furniture rental startup Furlenco says it has furnished over 150,000 homes in eight cities.
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Furlenco) has raised
BlackSoil Capital. Founded by
Ajith Mohan Karimpana, Furlenco operates as a furniture subscription platform and has furnished over 150,000 homes in eight cities in India.
Furlenco is a furniture rental startup that offers quality furniture that is designed in-house. The furniture is delivered free of cost at the customer s doorstep within 72 hours and the company provides customers with facilities like annual cleaning, option to swap furniture, and free relocation.
“The year 2021 will see a new phase of growth for Furlenco. We have several initiatives planned for this year that will be launched over the next six to nine months. We are delighted to have BlackSoil Capital as our latest partner. BlackSoil has quickly emerged as a prominent venture debt player, h