Bengaluru-Based Proptech Startup Flent Raises INR 21 Cr in Pre-Series A Round

Bengaluru-based proptech startup Flent has successfully raised INR 21 crore (approximately $2.3 million) in its pre-Series A funding round, marking a significant milestone in its growth journey. The round was led by Incubate Fund Asia, with participation from Twin & Bull Family Office, Stride Ventures, 91Ventures, Untitled VC, and existing investor WEH Ventures. The funding round also saw notable angel investors joining in, including Rajesh Yabaji, cofounder and CEO of logistics unicorn BlackBuck.

The funding comprises INR 17 crore in equity and INR 4 crore in debt, reflecting strong investor confidence in Flent’s business model and long-term vision. With this capital infusion, Flent plans to aggressively scale its operations, strengthen its team, and expand its footprint beyond Bengaluru. The company is set to launch operations in key Indian markets, including Mumbai and Gurugram, tapping into the growing demand for premium rental housing among urban professionals.

Founded in 2023 by Shail Daswani, Mayank Lalwani, and Rishabh Agnihotri, Flent redefines the rental housing experience by offering fully furnished, designer homes tailored specifically for young working professionals. The startup aims to address long-standing challenges in the rental ecosystem by combining high-quality living spaces with a seamless, tech-enabled experience.

Speaking about the roadmap ahead, Shail Daswani, Co-founder and CEO of Flent, said,
“In the next few months, we’ll be launching more products across the renting funnel — from flatmate matching to a vacancy cover for landlords, to an AI broker that helps users identify the right locality and budget based on their requirements.”

These upcoming innovations signal Flent’s ambition to become a full-stack rental platform, serving both tenants and landlords while reducing friction at every stage of the renting journey. By leveraging technology and data intelligence, Flent aims to simplify decision-making, reduce vacancies, and enhance overall trust within the rental ecosystem.

India’s proptech sector has been witnessing strong momentum, driven by rapid urbanisation, a growing millennial workforce, and increasing demand for flexible living solutions. Flent’s approach of blending design, convenience, and technology positions it well to capture this expanding market.

With fresh capital, a clear expansion strategy, and a strong product vision, Flent is poised to play a significant role in shaping the future of rental housing in India. As the company scales across cities and launches new solutions, it aims to set a new benchmark for modern, hassle-free renting experiences tailored to the evolving needs of urban India.