Furlenco is a Bengaluru-based furniture and home-lifestyle company operated by House of Kieraya. Founded in 2012, it provides furniture and appliances through rental, subscription and purchase models, including new and refurbished products. Furlenco designs furniture in-house and manages sourcing, delivery, reverse logistics and remanufacturing as part of its full-stack model. The company serves urban consumers seeking flexible alternatives to furniture ownership and reports more than 1.5 lakh subscribers across major Indian cities. Its business has expanded through online channels and physical experience stores. In October 2026, House of Kieraya became a subsidiary of Sheela Foam, which had initially acquired a significant stake in the company in 2023.
Furlenco offers candidates exposure to a technology-enabled consumer business that combines e-commerce, physical products, logistics, reverse logistics, remanufacturing and subscription commerce. The company reported FY26 revenue of about Rs 370 crore and profit of Rs 59.5 crore, demonstrating substantial recent growth and profitability. It serves more than 1.5 lakh subscribers and is expanding its city and omnichannel footprint. Current product and engineering hiring highlights Java, React, scalable consumer systems and AI-assisted development, while its supply-chain teams apply analytics and automation to complex furniture logistics. Becoming a Sheela Foam subsidiary in 2026 also gives Furlenco access to a larger manufacturing and retail ecosystem.
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Founder and CEO of Furlenco. Karimpana holds a B.Tech from NIT Jalandhar and an MS in Computer and Information Science from Temple University. Before founding Furlenco, he worked at Infosys, Morgan Stanley and Goldman Sachs, where he became a Vice President. His experience with the difficulty and low resale value of owned furniture led him to build a flexible furniture-access business.
Ajay Agarwal is Furlenco's Chief Operating Officer and previously led its supply-chain organization. He has more than two decades of operating experience and previously held operations and B2B sales leadership roles at Nilkamal. He oversees execution across Furlenco's supply chain, fulfillment and operational expansion.
Nitesh Mohandas is Furlenco's Chief Business Officer. He has more than 17 years of experience across revenue management, P&L ownership, growth and go-to-market execution. His role is important to Furlenco's customer growth, commercial strategy and expansion across its rental and home-lifestyle businesses.
Varun Krishnakumar leads product, technology and design at Furlenco. An IIM Calcutta alumnus, he previously held product leadership roles at Simplilearn and Flurn and had spent more than seven years at Furlenco earlier. He returned in 2026 to drive scalable systems, customer experience and AI-led product innovation.
Sheela Foam
Sheela Foam announced that House of Kieraya, which operates Furlenco, changed from a jointly controlled entity to a subsidiary effective October 1, 2026. Sheela Foam held a 34.53% equity stake, with control established through an amendment to the shareholders' agreement.
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Furlenco reported FY26 operating revenue of Rs 370.43 crore, up about 62% year over year, while profit increased to Rs 59.52 crore from Rs 3.11 crore in FY25. EBITDA rose to Rs 129.5 crore.
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Furlenco appointed former company leader Varun Krishnakumar as Vice President of Product and Technology to strengthen its product ecosystem, customer experience, scalable technology and AI-led innovation.
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Furlenco raised Rs 125 crore in a round led by Sheela Foam with participation from White Oak and Madhu Kela. The company said the capital would support new-city expansion, product innovation, supply-chain capabilities, offline stores and customer experience.
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