Inside Furlenco’s IPO; Moneyview investors make bank
Happy Tuesday! Furlenco is heading to Dalal Street for a potential Rs 1,200 crore IPO. This and more in today’s ETtech Morning Dispatch.
Furlenco, a subscription-based furniture rental company backed by mattress manufacturers Kurlon and Sleepwell, is set to go public with a potential IPO of Rs 1,200 crore, sources reveal. Financials for the company, founded in 2012, show a revenue of Rs 370 crore in FY26, up 62% YoY. The IPO valuation, expected to be finalized closer to the launch, will likely be around Rs 7,000 crore. Financial services firm ICICI Securities is slated to advise on the listing, which is expected to take place in the next fiscal year.
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- Furlenco’s IPO; Moneyview investors make bank economictimes.indiatimes.com
