Founded in 2012, Furlenco operates a subscription-led furniture platform that allows customers to rent, buy, or acquire refurbished furniture for their homes. The company reports serving more than 150,000 active subscribers and claims to have furnished over one million homes across India. Its model emphasizes convenience and flexibility, enabling monthly payments instead of large upfront purchases. Furlenco turned profitable in FY25, generating Rs 240 crore in revenue and Rs 3 crore in profit, a swing from a Rs 139 crore loss in FY24. To date, the firm has secured about $313 million in equity and debt backing from investors such as Sheela Foam, Lightbox Ventures, Crescent Ventures, and Eagles. The newly raised capital will be deployed to broaden the product portfolio, bolster omnichannel distribution, and scale operations. Management has indicated that these initiatives are part of a multiyear roadmap aimed at positioning the business for an eventual IPO.

Total raised

$193M

Funding rounds

7

Latest round

Equity

Latest activity

Dec 2025