कोशिश गोल्ड - मुक्त
Furlenco reinvents furniture rentals
Mint Mumbai
|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.
"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.
यह कहानी Mint Mumbai के October 01, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Mint Mumbai से और कहानियाँ
Mint Mumbai
Russian co eyes terminals, shipbuilding push in India
State-affiliated Delo Group is eyeing India’s inland waterways and strategic ports for projects
2 mins
December 04, 2025
Mint Mumbai
Fed chair interviews cancelled as US President homes in on pick
The Trump administration canceled a slate of interviews set to start this week with a group of finalists to be the next chair of the Federal Reserve as President Trump again suggested he had made up his mind about who should lead the central bank.
3 mins
December 04, 2025
Mint Mumbai
Putin's visit is an opportunity to recalibrate relations with Russia
New Delhi and Moscow need to look beyond the past in a rapidly evolving geopolitical context
3 mins
December 04, 2025
Mint Mumbai
Seeking affordable financial advice? Try fixed-fee RIAs
Sebi-registered RIAs earn from client fees, not commissions, ensuring conflict-free guidance
5 mins
December 04, 2025
Mint Mumbai
IT sector sheds weight in stock market indices as AI rises
Since the start of the year, shares of the five largest firms have seen sharp drops: TCS fell by 23.47%, Infosys 17%, HCLTech 14.74%, Wipro 17.14%, and Tech Mahindra 9.97%.
2 mins
December 04, 2025
Mint Mumbai
Address Maker, AIGPL ink ₹200 crore private credit deal
Property developer Address Maker has struck a ₹200 crore private credit deal with AI Growth Pvt. Ltd (AIGPL) to help with its projects, purchase of land and plans to enter new markets, top executives of both companies said.
1 mins
December 04, 2025
Mint Mumbai
Ex-Flipkart executive Venugopal is Reliance Retail CEO
Former Flipkart executive Jeyandran Venugopal has been named president and chief executive officer (CEO) of Reliance Retail Ventures Ltd (RRVL), marking another significant senior-level appointment at India's largest retailer, which is preparing for a public listing.
1 min
December 04, 2025
Mint Mumbai
'Indian firms could raise $15 bn overseas'
JPMorgan expects Indian companies to raise as much as$14.5 billion next year by issuing overseas bonds, a senior executive at the investment bank said. The majority of this could be used for refinaneing existing debt, and some for financing acquisitions.
3 mins
December 04, 2025
Mint Mumbai
Cement cos aim for premium products to lift their margins
Cement makers such as Nuvoco Vistas, Birla Corp. and JK Lakshmi Cement are leaning on premium products to boost margins without raising prices—an approach analysts say may work for now but will likely fade as competition intensifies in the premium segment.
2 mins
December 04, 2025
Mint Mumbai
Zerodha looks beyond retail, bets on Tijori to draw institutional investors
Discount broking firm Zerodha's $5 million bet on research platform Tijori will help it move beyond retail trading and strengthen its products for cash-market and mutual fund investors, a top company official said.
2 mins
December 04, 2025
Listen
Translate
Change font size