PE-VC Fund Investments
Proptech startup Flent raises $2.5-M led by Incubate Asia
Bengaluru-based proptech startup Flent has raised INR 21 crore (USD 2.5 million) in a Pre-Series A funding round which is a mix of equity (INR 17 crore) and Debt (4 crore). The round was led by Incubate Fund Asia with participation from WEH Ventures, Twin & Bull Family Office, Stride Ventures, 91Ventures, Untitled VC, and a group of angel investors, including Rajesh Yabaji.Founded in October 2023 by Mayank Lalwani, Rishabh Agnihotri, and Shail Daswani, Flent operates a full-stack rental platform that provides fully furnished, move-in-ready homes with flexible lease terms.The fresh funding will be used to expand operations beyond Bengaluru into Mumbai and Gurugram. The company also plans to introduce new offerings across the rental journey, such as flatmate discovery, vacancy protection for landlords, and AI-led location and budget discovery tools.
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