Furlenco Raises ₹125 Crore from Sheela Foam, Investors to Accelerate Expansion.

Furniture and home-lifestyle brand Furlenco has raised ₹125 crore in a new funding round led by Sheela Foam Limited, with additional participation from investors including Whiteoak and Madhu Kela.

The fundraise comes as the company explores the possibility of an IPO in the next few years.

Furlenco said the fresh capital will be used to deepen its presence in existing cities and expand into high-potential markets across India. The company also plans to invest in product innovation, technology, and customer experience, while strengthening its supply chain, broadening its furniture and home-product portfolio, and scaling its offline and omnichannel footprint to reach more urban consumers.