Furlenco

Furlenco is a Bengaluru, India-based enterprise that provides an online subscription service for renting furniture and home appliances to urban millennials and households. The technology-driven platform offers customized rental packages for in-house designed products, generating recurring revenue from a customer base that has expanded to serve over one million homes. The company has historically grown at a 130 percent compound annual growth rate, recently achieving operational profitability and reporting estimated revenues of ₹370 crore. Furlenco has secured financial backing from lead investors such as LightBox VC, including a $10 million debt and equity round in April 2020, and has established strategic partnerships with corporate brands like Airbnb and Uber. The organization was originally founded as Rent Ur Duniya in 2011 before officially rebranding and incorporating in 2012 by co-founders Ajith Mohan Karimpana and Kabir Bhasin.