Ajith Mohan Karimpana Founder and CEO, Furlenco

Ajith Mohan Karimpana is the Founder and CEO of Furlenco, India’s fastest growing furniture and home living Subscription Company. He is a versatile entrepreneur with a great knack for spotting transformational business opportunities, a trait that also led him to establish Furlenco. Under his leadership, Furlenco has become India’s first and only 100% technology-driven home living Subscription Company.

Ajith initially worked with financial giants Morgan Stanley and Goldman Sachs in various senior roles from 2004 until 2011. Despite gaining success in the corporate world, he was always inclined towards creating path-breaking success stories as an entrepreneur. Driven by his gumption and knowledge, Ajith founded Rent Ur Duniya in October 2011, which was later reinstated as Furlenco in 2012. It was the germination of a transformational concept of on-demand furniture on rent. He channelled all his expertise into creating high-quality, designer furniture and home décor pieces that resonated withcustomers.

Ajith’s vision for Furlenco was based on two key 21st-century trends: rising disposable incomes; and a preference for experiential lifestyle among millennials.He decided to cater to this dynamic market using his core competencies and technology with Furlenco.Ajith has focused on creating award-winning designs that give Furlenco’s customers the best of aesthetics and utility. Under his leadership, Furlenco has grown at a CAGR of 130% year-on-year.

Ajith is a BTech graduate in Industrial Engineering from the National Institute of Technology, Jalandhar. He has an MS in Computer and Information Science from Temple University, Philadelphia, Pennsylvania, USA. Apart from being a successful and inspirational business leader, Ajithis a voracious reader and has a penchant for languages. He also loves watching Bollywood movies.

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