Furlenco Eyes ₹1,200 Cr IPO At ₹7,000 Cr Valuation: Report

•Furlenco plans to raise ₹1,000-1,200 Cr through an IPO in FY28, seeking a valuation of around ₹7,000 Cr.

•The startup is expected to appoint ICICI Securities as an advisor for the IPO, with final valuation depending on market conditions and investor feedback.

•Furlenco turned profitable in FY25 and expanded its bottom line in FY26, with operating revenue surging 61.9% to ₹370.4 Cr.

•Founded in 2012 by Ajith Mohan Karimpana, Furlenco operates a subscription-driven furniture and appliance rental platform in 28 cities.