Furniture and appliances rental startup Cityfurnish raised $2.5 million in its follow-on Series A which was a mix of debt and equity round where debt round was led by Northern Arc Capital with Western Capital and UC Capital and existing backers participated in its equity round.
Cityfurnish is a full-stack platform that provides rental services for furniture and appliances, including designing furniture to fit the space of the home and providing last-mile delivery and furniture assembly. The startup intends to use the additional funds for business growth, brand marketing, and technology development. By 2025, it will also use the funds to expand throughout India. According to Cityfurnish, it offers free delivery services within 72 hours. According to the website, it is currently providing services in seven Indian cities: Delhi, Pune, Bengaluru, Mumbai, Gurgaon, Noida, and Hyderabad.
