How Flent and Cashfree Payments Are Rewriting the Rules of Renting in India

How Flent and Cashfree Payments Are Rewriting the Rules of Renting in India

YourStory
YourStoryMay 13, 2026

Companies Mentioned

Why It Matters

Automated, escrow‑linked payments remove a major trust barrier in India’s fragmented rental market, enabling rapid scaling and attracting investor confidence. The model demonstrates how fintech infrastructure can unlock new categories in proptech.

Key Takeaways

  • Flent manages 200+ furnished homes across 20 Bengaluru pincodes
  • Tenants pay once; Cashfree EasySplit auto‑routes rent, fees, utilities
  • Landlords receive instant settlements, boosting trust and retention
  • Flent’s GMV grew 120% after automating payments, adding 110 homes
  • Over 40 landlords invested ₹1 cr (~$120k) in Flent’s pre‑Series A round

Pulse Analysis

India’s rental landscape has long been plagued by fragmented processes—multiple broker fees, un‑furnished units, and landlords juggling vacancy and maintenance. Flent tackles these pain points by turning each property into a turnkey, professionally managed home, promising tenants a ready‑to‑live experience and landlords a guaranteed occupancy window. By standardising furnishings and service levels across Bengaluru’s high‑density districts, the startup creates a predictable, experience‑focused alternative to the traditional transaction‑driven market.

The real breakthrough, however, lies in Flent’s payment architecture. Cashfree Payments’ EasySplit automatically divides a single tenant payment into landlord rent, Flent’s service fee, and any utility or vendor charges, eliminating manual ledger work. Coupled with Instant Settlements, landlords receive funds in real time, reinforcing trust—a critical growth lever in a market where delayed payouts can deter participation. The escrow‑linked flow also ensures compliance, as funds never sit in Flent’s accounts, reducing regulatory risk.

Since automating its cash flow, Flent has recorded a 120% surge in GMV and expanded its inventory by 110 homes in twelve months, attracting over 40 landlord investors who collectively contributed roughly ₹1 crore (about $120,000). The streamlined operations free the team to focus on geographic expansion into Mumbai and Gurugram while preserving the Flent standard. This case underscores how proptech firms can accelerate category creation by leveraging fintech partners to solve trust‑at‑scale challenges, a lesson that will resonate across emerging real‑estate markets.

How Flent and Cashfree Payments are rewriting the rules of renting in India

Comments

Want to join the conversation?

Loading comments...