Proptech startup Flent has secured Rs 6.5 crore in its pre-seed funding round, which was led by WEH Ventures and included participation from US-based 2 AM Ventures, Pareto Holdings, and several angel investors. Notable contributors include Sanchan S Saxena (former GM, Airbnb), Aneesh Reddy (founder, Capillary Technologies), Arjun Vaidya (founder, Dr. Vaidya’s), and Abhilash N (co-founder, Ivy Homes).
The newly raised funds will primarily be allocated to expanding the company’s core team and enhancing its full-stack renting platform, which aims to simplify the rental process by making it ten times faster and more efficient for modern professionals in India.
Founded by Shail Daswani, Mayank Lalwani, and Rishabh Agnihotri, Flent has gained significant traction with its flagship offering, Flent Reserve. The service promises customers fully furnished, designer homes with zero brokerage, minimal deposits, and flexible stays ranging from 3 to 11 months. Within 15 days of signing up and sharing their preferences, clients can move into their new homes.
Since its establishment in October 2023, Flent has successfully launched 120 rental units in Bengaluru, ranging from 1 BHKs to 3 BHKs. Impressively, all units were rented out within 10 days of becoming available. The company also boasts a waitlist of over 500 potential tenants and has consistently maintained 100% occupancy.
For property owners, Flent offers end-to-end management services, overseeing everything from property acquisition to furnishing, and transforming homes into turnkey rentals for prospective tenants.
