Funding · Real Estate & PropTech

Flent raises INR 21 Cr to expand rental platform

By Startup Enthusiast · 21 January 2026

What they do

Flent provides fully furnished designer rental homes for young working professionals in Bengaluru

The company raised INR 21 Cr in a pre-Series A round in January 2026

This funding supports expansion into India's booming home rentals market beyond its native city

Flent raised INR 21 Cr in a pre-Series A funding round in January 2026.
This investment brings the startup's total funding to INR 27.5 Cr.
The company operates in the proptech sector focusing on fully furnished rental homes.
Flent targets young working professionals seeking hassle-free rental experiences.
The startup launched over 150 homes in its native market of Bengaluru.
Founders include Shail Daswani, Mayank Lalwani, and Rishabh Agnihotri.
Daswani previously worked at YourStory Media and started with an Airbnb side hustle.
The business model involves partnering with homeowners to manage vacant flats.

India has a booming $20 Bn home rentals market driven by urbanization.
Social media trends are influencing middle-class real estate investment choices.
Non-resident Indians often shift from owning assets to seeking steady returns.
High-end properties in cities like Bengaluru often have price tags above INR 1.5 Cr.
Competition exists from other proptech and co-living companies scaling across multiple cities.

Flent offers full-stack tenant streamlining for homeowner property management.
The name derives from the concept of flexible rent periods for tenants.
Partners provide vacant flats ready for rent with furniture and appliances setup.
Tenants benefit from lower security deposits and flexible lock-in periods.
Average monthly rent is around INR 33,000 with designer furnishing included.
90% of customers are bachelors who want to avoid landlord and broker searches.
Flent invests capital to premiumize properties and manage occupancy risk.
In-house vendors handle design, furniture, plumbing, and carpentry work.
The setup process takes 15 days currently but aims for one day next year.
Cost per property ranges from INR 5 Lakh down to INR 3 Lakh.

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