Funding · Professional & Local Services

Flent raises ₹21 crore in Pre-Series A round

By Startup Enthusiast · 7 January 2026

What they do

Flent is a full-stack rental platform offering furnished, move-in-ready homes with flexible leases

It raised ₹21 crore (about $2.5 million) in a Pre-Series A round led by Incubate Fund Asia

The company plans to expand to Mumbai and Gurugram and launch new features like flatmate discovery

Flent raised ₹21 crore (about $2.5 million) in a Pre-Series A round.
The round includes ₹17 crore in equity and ₹4 crore in debt.
Incubate Fund Asia led the investment round.
Other investors include WEH Ventures, Twin & Bull Family Office, Stride Ventures, 91Ventures, and Untitled VC.
Rajesh Yabaji, co-founder and CEO of Blackbuck, participated as an angel investor.
Over 40 landlords and tenants from Flent's platform collectively invested ₹1 crore.
The funds will be used to scale the team and expand beyond Bengaluru.

The premium rental market in India is expected to become a ₹40,000 crore market in the next five years.
Flent targets an estimated 20 lakh white-collar professionals seeking quality rental homes in five major cities.
The company has a waitlist of over 1,000 people, indicating strong demand.

Flent is a full-stack rental platform offering fully furnished, move-in-ready homes.
It provides flexible lease terms, zero brokerage, and minimal deposits.
The company manages the entire property lifecycle: design, furnishing, tenant screening, maintenance, and rent assurance.
Its current portfolio includes 350 rooms across 140 premium homes in Bengaluru.
The platform maintains a 90–95% occupancy rate and an average customer stay of 14 months.

Flent plans to expand to Mumbai and Gurugram.
It will launch flatmate discovery, vacancy protection for landlords, and AI-led location and budget discovery tools.
The company will use the funds to scale its team and expand beyond Bengaluru.

Incubate Fund Asia (lead) — A venture capital firm investing in early-stage startups.
WEH Ventures (participated) — A venture capital firm.
Twin & Bull Family Office (participated) — A family office investment firm.
Stride Ventures (participated) — A venture debt firm.
91Ventures (participated) — A venture capital firm.
Untitled VC (participated) — A venture capital firm.
Rajesh Yabaji (angel) — Co-founder and CEO of Blackbuck.
Over 40 landlords and tenants (participated) — Users of the Flent platform who collectively invested ₹1 crore.

Product: based proptech startup
Customers: Urban working professionals needing hassle-free housing and property owners seeking reliable rental income
How it makes money: Collects rental charges on managed furnished properties with zero brokerage fees
What sets it apart: Offers designer fully furnished homes ready for move-in within 15 days with flexible lease terms and vacancy cover for owners