Prøve GULL - Gratis
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.
"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.
Denne historien er fra October 01, 2025-utgaven av Mint Hyderabad.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Hyderabad
Mint Hyderabad
Marico’s margin on slippery slope despite healthy demand
The Marico Ltd stock hit a new 52-week high of ₹764.65 on the NSE on Monday after its consolidated revenue surged 31% year-on-year to ₹3,482 crore in the September quarter (Q2FY26), led by broad-based growth across product categories.
1 mins
November 18, 2025
Mint Hyderabad
'Many blitzscaling startups don't transition to discipline'
overthe last decade havescaled much more than anyone anticipated.
1 mins
November 18, 2025
Mint Hyderabad
India ships jet fuel to US West Coast
India has exported its first-ever jet fuel cargo to the US West Coast for energy major Chevron, according to traders and shipping data, seizing upon a rare arbitrage opportunity to fill supply shortfalls in Los Angeles.
1 min
November 18, 2025
Mint Hyderabad
Gold spike, Trump tariffs lift goods trade deficit to all-time high
Overall merchandise exports slipped to $34.38 billion from $36.38 billion in September and $38.98 billion a year earlier. Agarwal said India maintained steady export growth in the first seven months of FY25, even as global demand softened.
2 mins
November 18, 2025
Mint Hyderabad
Blockbuster year in sight for IPO street as issuers queue up
A decade-high number of filings for initial public offers, or IPOs, in 2025 has brought India within sighting distance of the highest ever amount of money raised in such share sales in a single year, data analysed by Mint showed.
1 min
November 18, 2025
Mint Hyderabad
Govt keen on timely payments to MSMEs
The Union government is considering a new set of measures—including charging interest and imposing a substantial levy on defaulters—to address the longstanding issue of delayed payments to micro, small, and medium enterprises (MSMEs), said two people close to the matter.
2 mins
November 18, 2025
Mint Hyderabad
Blockbuster year in sight for IPO street
capital markets, Avendus Capital, a Mumbai-based investment bank.
2 mins
November 18, 2025
Mint Hyderabad
Do pre-IPO gains get long-term tax status?
I live in Australia and I own shares in a Indian company which got recently listed. I invested about 1.5 years back when it was not listed. When I sell the shares now, will it be considered as shortor long-term gains? —Name withheld on request
1 mins
November 18, 2025
Mint Hyderabad
Bezos takes on first ops role since Amazon
Jeff Bezos will serve as co-chief executive officer of a new artificial intelligence (AI) startup that focuses on AI for engineering and manufacturing of computers, automobiles and spacecraft, The New York Times reported on Monday.
1 min
November 18, 2025
Mint Hyderabad
Meity clears projects worth ₹7,172-crore
The ministry of electronics and information technology (MeitY) on Monday cleared 17 projects, with a cumulative investment of ₹7,172 crore, in the second tranche of approvals under a scheme that aims to boost the production of electronic goods within the country.
1 min
November 18, 2025
Listen
Translate
Change font size