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11-50
Bengaluru
India , 2023
Bengaluru
We've flipped home renting and made it faster, easier & better. We offer fully furnished, turnkey homes in the most sought-after neighborhoods of urban India. Just bring your clothes, and you're all set. No hefty deposits, no brokerage, just pure living bliss. With Flent, you control your stay, whether it's for a month or longer. Enjoy the freedom to live on your terms, free from the constraints of lock-ins and demanding landlords.
At Flent, we believe your home should rise to the same standards you hold for yourself. That’s why we’ve created a simpler, smarter way to rent—one that’s designed around you. We’re here to remove the barriers, so you can focus on living the life you’ve worked for—without compromise. Our mission is to offer you a lifestyle of freedom and flexibility. We're creating a world where relocating to a new city or neighbourhood doesn't mean sacrificing your comfort.
Flent signs a management agreement (not a lease), furnishes the unit (₹90 k/room; pay‑back ≈ 7-9 mo), collects rent via split‑payment gateway and retains a 25‑35 % take‑rate after vacancy losses. * Management-contract (no-lease) model: Flent signs a tripartite agreement with landlord & tenant; landlord guarantees unit, Flent furnishes/maintains, rent flows through a payment-splitter gateway. * Monetization: Flent retains a 25 – 35 % net take-rate on tenant GMV after vacancy and maintenance. * Up-front CAPEX: ~₹90 k per room (≈ ₹2.5 L for a 3-BHK) for 4-day furnish; recouped in ≈ 11 months at 94 % occupancy. * Capital structure: Pays 3-month security deposit to landlord; collects 2-month deposit from tenant—minimises balance-sheet risk.
India
Marketplace
B2B, B2C
Settl, Blueground, Colive, Zolo, Bungalow, Housr
Tell us a bit about how founding team knows each other.
Shail and Rishabh were early hires at 100ms and part of the 0 to 1 journey of the company. Mayank and Shail are best friends from college (IIT KGP) and met at the entrepreneurship cell of the campus.
Are all the founders full-time on this project?
Yes
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