India, Nov. 22 -- For years, Furlenco has been seen as one of the new-age tech platforms built for the long haul. Riding on early momentum, the furniture-rental startup broadened its catalogue, built strong recall across metro cities and scaled like no other.

Behind the scenes, however, the company stood on the precipice of near collapse, weighed down by an ever-growing mountain of losses and debt, until it clawed its way back.

Cut to the financial year 2024-25 (FY25), and the company achieved a major milestone, turning profitable for the first time since its inception in 2012.

It reported a net profit of INR 3.1 Cr in FY25, marking a dramatic turnaround from the INR 130.2 Cr loss in FY24. Operating revenue rocketed 64% year-on-year (Y...