Indian Proptech Startup Flent Secures Rs 6.5 Crore in Pre Seed Round Led by WEH Ventures

Indian Proptech Startup Flent Secures Rs 6.5 Crore in Pre-Seed Round Led by WEH Ventures

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

The funds will be used to expand Flent’s core team and further enhance its full-stack renting platform, which aims to streamline the rental experience for India’s young professionals. With its flagship product, Flent Reserve, users can move into fully furnished homes within 15 days of signing up, with no brokerage fees, low deposits, and flexible stays between 3 to 11 months.

Since its founding in October 2023 by Shail Daswani, Mayank Lalwani, and Rishabh Agnihotri, Flent has launched 120 turnkey rental units in Bengaluru, achieving full occupancy within 10 days of each launch. The startup also boasts a waitlist of over 500 people and offers end-to-end property management services for homeowners.