Furniture rental startup Furlenco's FY19 revenue grows 60%

The company that operates Bengaluru-based furniture rental startup Furlenco has reported a revenue of about ₹64 crore in 2018-19, witnessing nearly 60% growth from ₹40 crore revenue in the previous financial year. As per regulatory filings, the startup's losses rose by 25.5% year-on-year to ₹80 core during the year. Furlenco was founded in 2012 by Ajith Mohan Karimpana.

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