Company Name : Cityfurnish
Funding Amount : Undisclosed
Investor(s) Citrus Pay Cofounder, Jitendra Gupta
Funding Round : Seed round
Cityfurnish, a Gurgaon based on-demand rental platform for furniture and appliances has raised undisclosed amount of seed fund from Citrus Pay’s cofounder Jitendra Gupta.
The company will utilize this funding for strengthening the team, improve product management and order fulfillment.
“We are delighted to get Industry veteran Jitendra as a director on board, his (Jitendra’s) insights and experience are valuable to us as new generation entrepreneurs and it will be a great help to us in making our mark in the segment and changing perception of users towards renting or shared economy,” said Neerav, the founder of Cityfurnish.
The startup was conceptualized by Neerav in August 2015 and was launched in late September.
Currently the company is operating from Gurgaon and covering only Delhi and NCR region. Cityfurnish has aggressive expansion plans and will soon launch in Bangalore market and Pune, Mumbai, Hyderabad will follow soon.
Cityfurnish is also offering startups and early stage businesses 3 months free furniture on subscription of 12 months plan.