Furlenco raises INR 20 Cr in Venture Debt from Blacksoil
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Furniture rental startup Furlenco has raised INR 20 Cr in a venture debt funding round from Blacksoil Capital, one of the most prominent venture debt investors in the Indian market. Founded in 2012 by Ajith Mohan Karimpana, Furlenco operates as a furniture subscription platform. To date, the company claims to have covered over 150K homes across eight major cities in India with AUM (assets under management) over INR 200 Cr.