Crescent Enterprises’ corporate venturing arm reinvested in the furniture rental service in a series D round pushing its overall debt and equity financing past $240m.
India-based furniture rental service provider Furlenco has secured $140m in debt and equity financing in a series D round featuring CE-Ventures, the corporate venture capital arm of diversified conglomerate Crescent Enterprises, TechCrunch reported on Sunday.
The round, which consisted of $20m of equity funding and $120m of debt financing, was led by Zinnia Global Fund with backing from venture capital firm Lightbox Ventures.
Furlenco runs an online platform which lets customers rent a variety of furniture, décor and home appliances.…
