Proptech startup Flent has raised Rs 6.5 crore in a pre-seed round led by WEH Ventures, with participation from 2 AM Ventures, Pareto Holdings, and angel investors Sanchan S Saxena (ex-GM, Airbnb), Aneesh Reddy (founder, Capillary Technologies), Arjun Vaidya (founder, Dr. Vaidya’s), and Abhilash N (co-founder, Ivy Homes).

Use of Funds:

The funds will be used to:

• Expand the core team
• Develop the full-stack renting platform, which aims to make renting 10x easier for India’s working professionals

Shail Daswani, co-founder of Flent, said:
“People compromise too much on rentals—outdated homes, hefty deposits, subpar brokers, and one-sided terms. Flent makes renting as simple as booking an Uber.”

Flent was founded by Shail Daswani, Mayank Lalwani, and Rishabh Agnihotri. Its flagship product, Flent Reserve, allows users to move into fully furnished, turnkey homes with zero brokerage, minimal deposit, and flexible stays (3–11 months) within 15 days of signing up. Since October 2023, Flent has rented out 120 rooms in Bengaluru, achieving 100% occupancy within 10 days. The startup currently has a waitlist of over 500 people.

For homeowners, Flent manages everything from property acquisition to furnishing and turning homes into turnkey rentals.

Source: Inc42