Furlenco, a Bangalore-based startup that operates an eponymous furniture and appliance rental service, said today it has raised $140 million in a financing round as it looks to scale its operations in the South Asian market and explore international market expansion.
The new $140 million financing round, a Series D, comprises $120 million debt raise and rest in equity, the seven-year-old Indian startup told TechCrunch. The new financing round was led by Zinnia Global Fund. CE-Ventures and Lightbox Ventures also participated in this round, which brings its to-date debt and equity raise to over $240 million, according to data insight platform Tracxn.
Furlenco, which …
