Cabomba furcata is an aquatic plant called the forked fanwort or pink Cabomba. It is recognized by its submerged, reddish, feathery fan-leaves and pretty pink-purple flowers that look like miniature waterlilies. It is usually seen growing in shallow, slow-flowing water in full sun, as well as in deeply shaded areas, and it can form large masses covering an extensive area.

In its native habitat, it grows in tropical climates with a brief dry season, in shallow, warm, acidic to slightly acidic (pH 4–7), more-or-less stagnant water in lakes, streams and floodplains. It is a light-demanding plant. It thrives on organic nutrients when it becomes fast growing. It propagates from plant fragments as well as from seed. It is therefore pre-adapted to conditions in Peninsular Malaysia.

This species is an ornamental plant in the aquarium trade. It is cultivated commercially in Malaysia for its pretty reddish, feathery fan-leaves and is readily available for sale in aquarium shops.