Furlenco raised INR 16 Cr in Series C from Dabur Family

Furlenco raised INR 16 crore in Series C Dabur family’s asset management firm Chowdry Associates at an estimated valuation of INR 692 crore.

A subscription-based online rental furniture platform that provides furniture and home decor on rent, as soon as a user completes 3 months, he/she can avail its free relocation service once every 12 months.

Operational in 10 cities, it’s revenue increased by 58% to Rs 64 crore from Rs 40 crore in FY18, where net losses stood at Rs 64 crore

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