About Fella Homes
Fella Homes is a branded chain of rental homes. It is a next-gen property management company, founded by IIT Roorkee& Stanford alumni - VirenderPratap Singh, Yadwinder Paul Singh, Digendra Singh Rathore, Kunal Singh & Amit Gupta in 2015. Being synonymous to hassle-free and quality living, the company aims to standardize the entire experience of finding and living in a rented home with the use of technology enabled product and services.
The idea sparked after realizing the gap in the home rental market. It’s highly painful and inefficient process of finding and living in a rented house. It demands lot of time, energy and money from an individual and negatively affects the personal and professional growth. The founders saw an opportunity to remove this pain by overcoming the barriers of inconvenience & trust-deficit and ensuring standardization within budget.
The idea behind starting the venture was to entirely change the experience of finding and living in a rented house by creating a technology enabled network of ready-to-move rental homes with quality and standardized amenities, so that the millennials can choose and live in a home within the budget with minimum hassles and no brokerage.
Fella Homes started with an initial investment from founders. Then the company raised a seed investment of USD 2 million early this year. The company is based out of Gurgaon with operation in Delhi NCR (Delhi, Noida, Greater Noida, Ghaziabad, and Gurgaon) with pan-India expansion plans on the horizon. The company intends to expand in all metro cities by December 2017 with a network of 5,000+ homeowners and 25,000+ tenants. Adding on to the list of achievements this year, Fella Homes acquired Noida-based home rental startupLifePad in an all-cash-deal. The acquisition helped them understand the Noida market and also strengthened the team.
The Gurgaon-based home rental startup Fella Homes which was founded in February 2016, took a major step by acquiring Noida based rental start-up Lifepad, has grown immensely this year. The acquisition occurred in an all-cash-deal and helped them understand the Noida market. The company raised ... (more)
