New Year is around the corner and to add more cheers this time it’s falling on a weekend. While most of the people love to go out for a party, many love the idea of planning a house party as it’s more comfortable and pocket-friendly too. Given today’s fast moving life and busy schedules, people […
Tag: Furlenco
How start-up speak changed in 2016
The startup vocabulary of 2016 has been markedly different from the glory years of 2014 and 2015 when unicorns were born every other week, and sky-high valuations meant scale and size won over strategy and solid business models. This year as funds dried up, a number of promising startups of 2015 …
Online furniture rental start-up Furlenco raises $30 mn from LightBox Ventures
Bengaluru: Online furniture rental start-up Furlenco (Kieraya Furnishing Solutions Pvt. Ltd) has raised $30 million in a Series B funding round led by existing investor LightBox Ventures, said a senior company executive. The fresh round comprises a mix of equity and debt funding. Furlenco raised …
Start ups in furniture sector finds momentum; study predicts 49% growth
Economic recession of 2008 and dynamic conditions of market have hit the furniture industry strongly in the past. It negatively impacted the power of Indian consumers to spend money on furniture but after few years from the year 2011, start-up environment started gaining momentum in the industry …
Pepperfry ups ante with furniture at cost of pizza
Online furniture and home décor marketplace Pepperfry, which hit the 3-million shipment milestone last month, is widening its net to lure a new set of customers who choose to rent furniture instead of buying it. After studying the operating model of furniture rental firms such as Furlenco, RentoM…
SBI to set up special branch for start-ups in Bengaluru
The nascent yet burgeoning start-up ecosystem has caught the attention of SBI. The country’s largest bank will soon set up a first-of-its-kind branch to cater exclusively to the growing banking needs of start-ups. The bank has zeroed in on Bengaluru, the so-called Silicon Valley of India, for set…