InnoVen Capital invests $16 mn in 13 startups in December 2016 quarter

investe_shahTemasek-backed venture debt firm InnoVen Capital India Pvt. Ltd has invested Rs 110 crore ($16 million) in 13 startups including food ordering startup Swiggy and insurance provider Coverfox in the October-December 2016 quarter. The venture debt firm also invested in furniture rental startup Furlenco, apparel rental firm Flyrobe, branded accommodation firm Zelo, product recommendation platform […]

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Online furniture rental startup Furlenco raises $30 mn from VCs, debt funding

Furlenco4Bangalore-based online furniture rental startup Furlenco has raised $15 million (Rs 100 crore) in its Series B round of funding led by existing investor Lightbox Ventures along with Axis Capital Partners, a Hong Kong-based venture capital fund. A few high-net-worth individuals too participated in the funding round. The company also raised $15 million in debt, […]

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Online marketplace to rent furniture Furlenco raises $6M from LightBox Ventures

Bangalore-based Kieraya Furnishing Solutions Pvt. Ltd, which operates Furlenco, an online marketplace for renting furniture for residential use, has raised $6 million (Rs 38 crore) in a Series A round of funding from LightBox Ventures, as per a company statement. The money will be spent in enhancing technology and expanding product range. Furlenco was founded in […]

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