Furlenco Raises 140 Million Dollars - The Hype to Success

Furlenco, a furniture subscription company has announced that it has raised a total of $140 million from a recent funding event, that has taken place with the cooperation of Zinnia Global Fund. By this funding event Zinnia Global Fund has become a part of the investors of Furlenco, along with companies like CE Ventures and Lightbox ventures. This funding program has organized with the agreement of all of this companies and companies like ICBC and DPNC was also present there to perform the role of the advisor for this big transaction.

The founder and chief executive officer of Furlenco, Ajith Mohan has said that as the lifestyle of the Indian city people are changing, their needs are also changing with is and so are their homes. To provide the customers absolute satisfaction, the furniture industry is also working hard to fulfil every need of their customer.

The founder of Furlenco was very excited to say that there are so many companies who are willing to invest in furniture companies like Furlenco. Furlenco will spend this fund by innovating new designs for their furniture’s and they will work to improve their customer service.

This fund will help Furlenco to enter in the space of B2C commerce which will further strengthen this company. Furlenco has got big plans for the company that its new innovated designs of furniture will secure their place in the market.

With the new fund the company can provide their products to a wide range of customers. Sustainability is the main focus of the company and with the help of the fund the company can put more effort to make their furniture more sustainable.

Zinnia Global Fund founder Ritesh Abbi is also very excited by joining Furlenco. He has said that the furniture subscription service has the power to change the tradition market for furniture.