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Furlenco reinvents furniture rentals

Mint Hyderabad

|

October 01, 2025

Furniture rental startup Furlenco is doubling down on its premium offerings to fuel growth as it prepares for a public listing, according to founder and chief executive Ajith Karimpana.

- Rwit Ghosh

"Nearly 30-40% of products are 50% more premium than our competitors. Premium products drive about 40% of our revenue," Karimpana told Mint in an interview.

Furlenco's rival Rentomojo is planning an initial public offering. It offers monthly subscriptions for furniture, appliances, and even hospital beds. For FY25, Rentomojo posted unaudited net revenue of₹270 crore, with net profit rising to ₹40 crore from ₹22 crore in FY24, up 82%. The company had turned profitable for the first time in FY23, posting ₹6.2 crore in profits on operating revenue of ₹121 crore.

By comparison, Furlenco posted revenue of ₹240 crore in FY25, swinging to a profit of ₹3 crore from losses of ₹130 crore in FY24, according to data from startup intelligence platform Tracxn.

Mint Hyderabad से और कहानियाँ

Mint Hyderabad

Furlenco reinvents furniture rentals

Furniture rental startup Furlenco is doubling down on its premium offerings to fuel growth as it prepares for a public listing, according to founder and chief executive Ajith Karimpana.

time to read

2 mins

October 01, 2025

Mint Hyderabad

Why General Motors boss Mary Barra is slamming the brakes on lofty EV ambitions

Falling consumer demand and shriveling government support undermine GM's all-electric plans

time to read

8 mins

October 01, 2025

Mint Hyderabad

Reits revolution: own a slice of malls, offices with just ₹500

Think mutual funds, but for real estate. That's how Pratik Dantara, executive committee member of the Indian Reits Association, explains Real Estate Investment Trusts (Reits)-a growing investment avenue giving retail investors exposure to office parks, malls, and other commercial properties.

time to read

2 mins

October 01, 2025

Mint Hyderabad

S-W monsoon exit late this year: IMD

Seasonal rainfall during October to December over peninsular India may be 112% of LPA.

time to read

1 min

October 01, 2025

Mint Hyderabad

Mint Hyderabad

Trai may open up spectrum auction to non-telecom firms

India's telecom regulator has sought public views on whether other entities, like those providing internet services or large connected device networks, should be allowed to bid for spectrum along with wireless carriers to ensure competition during auctions.

time to read

2 mins

October 01, 2025

Mint Hyderabad

Oil giant IOC eyes green shift

Indian Oil Corp. Ltd (IOC) is navigating choppy waters as nearterm business conditions remain uncertain amid oil price volatility, tariffs, exchange rate weakness, and geopolitical disturbances.

time to read

2 mins

October 01, 2025

Mint Hyderabad

Mint Hyderabad

Namma Yatri shifts gears: Cabs power revenue growth engine

Bengaluru-based mobility startup Namma Yatri, which launched on-demand auto-rickshaw services three years ago, now generates a significant share of its revenue from cabs as it expands into Bhubaneswar, Chennai and Kolkata.

time to read

1 mins

October 01, 2025

Mint Hyderabad

Mint Hyderabad

Centre working to ensure GST relief reaches shoppers

The Union government is closely monitoring customer grievances about goods and services tax (GST) relief not reaching them, and is bringing any discrepancies in the pass-through of tax benefits to the notice of e-commerce platforms, a person familiar with the development said.

time to read

1 mins

October 01, 2025

Mint Hyderabad

Fema case: ED searches 6 locations of Reliance Infra

Reliance Infra said the survey pertains to a 15-yr-old matter.

time to read

1 mins

October 01, 2025

Mint Hyderabad

Mint Hyderabad

April-August fiscal gap rises to ₹5.98 tn

India's fiscal deficit rose in the first five months of 2025-26, as compared with the same period last year, due to higher government capital expenditure while net tax revenue declined.

time to read

2 mins

October 01, 2025

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