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Proptech startup Flent raised Rs 6.5 crore in a pre-seed round led by WEH Ventures to expand its core team and develop a full stack renting platform.

PRIVATESep 25, 2024

Amount Raised

₹65 Million

Round Type

Pre-Seed

BengaluruReal EstateHospitalityProperty ManagementRental

Investors

2 Am VenturesPareto HoldingsSanchan S SaxenaAneesh ReddyArjun VaidyaAbhilash NWEH Ventures

Description

Flent has successfully raised Rs 6.5 crore in its pre-seed funding round with contributions from WEH Ventures and several angel investors. The funds will be utilized to enhance their team and improve their rental platform that simplifies the renting process for working professionals in India.

Quick answer

Flent raised ₹65 Million in a Pre-Seed round, dated September 25, 2024. Investors: 2 Am Ventures, Pareto Holdings, Sanchan S Saxena, Aneesh Reddy, Arjun Vaidya, Abhilash N and WEH Ventures. Flent is based in Bengaluru, Karnataka, India.

How much did Flent raise?
Flent raised ₹65 Million in a Pre-Seed round on September 25, 2024.
Who invested in Flent?
2 Am Ventures, Pareto Holdings, Sanchan S Saxena, Aneesh Reddy, Arjun Vaidya, Abhilash N and WEH Ventures are named as investors in this round.
What does Flent do?
Flent is a proptech startup that aims to make renting significantly easier and faster for new-age working professionals in India.
Where is Flent based and how big is it?
Flent is based in Bengaluru, Karnataka, India. Fundz records about 8 employees.
Who are the decision-makers at Flent?
Fundz holds 2 contacts at Flent. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Real Estate and Hospitality around the same time

Companies in the same sectors as Flent that raised within 45 days of this round, from Fundz verified event records.

  • IRT raised $150M (Debt Financing) on August 20, 2024.
  • Ejari raised $15M (Seed) on October 9, 2024.
  • SKYX Platforms raised $11M on October 4, 2024.
  • Habyt raised $43M (Pre-Seed) on September 9, 2024.
  • The Hive Hostels raised $1.4M (Seed) on August 28, 2024.
  • Vitrian raised $50M on November 5, 2024.

Who to call at Flent, and when

A new round usually means Flent is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Flent raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Flent, from your own LinkedIn network

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Company Information

Company

Flent

Location

Bengaluru, Karnataka, India

About

Flent is a proptech startup that aims to make renting significantly easier and faster for new-age working professionals in India. Founded by Shail Daswani, Mayank Lalwani, and Rishabh Agnihotri, it offers a full stack renting platform that enables customers to move into furnished homes with minimal deposit and zero brokerage. The company has quickly gained traction, launching 120 rooms in Bengaluru within weeks of inception and maintaining a high occupancy rate. Flent also manages the entire rental process for homeowners, ensuring a seamless experience.

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Flent raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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