Flent raised ₹21 crore in Pre-Series A funding led by Incubate Fund Asia, comprising ₹17 crore in equity and ₹4 crore in debt. This funding shows investor confidence in its innovative approach to real estate transactions and marketplace solutions.
The funding round was led by Incubate Fund Asia, with participation from WEH Ventures, Twin & Bull LLC, Stride Ventures, 91ventures, The Untitled VC, and a group of angel investors, including Rajesh Yabaji, co-founder and CEO of Blackbuck. Flent (founded by Mayank Lalwani, Rishabh Agnihotri, and Shail Daswani in 2023), with fresh capital deployed, aims to expand its presence beyond Bengaluru into key markets such as Mumbai and Gurugram, strengthen core operations, and enhance service offerings across the rental lifecycle.
The company’s growing ecosystem reflects a broader trend toward digital transformation within India’s proptech landscape. The capital infusion will enable Flent to accelerate product development, expand its service offerings, and deepen its market penetration across key Indian real estate segments. By combining both equity and debt, the funding structure provides Flent with the flexibility to scale operations while maintaining a balanced capital strategy.
This Pre-Series A funding milestone strengthens its financial foundation and supports the company’s vision to redefine how real estate is discovered, transacted, and serviced in India’s rapidly evolving property market.
