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Rentomojo Eyes IPO as Revenue, Profits Surge
Mint Mumbai
|June 30, 2025
The firm will be the first furniture rental startup in India to pursue an IPO
Rentomojo, a Bengaluru-based furniture and appliance rental startup, is preparing for a public listing within the next 18 to 24 months, making it the first company in the space to aim for an initial public offering (IPO) in India, according to its investors.
As part of the pre-IPO push, the company is also looking to raise a fresh funding round and bring onboard independent directors. "My job is moving from that of a CEO towards being a promoter or imagining myself as a promoter of a listed entity," said Geetansh Bamania, founder of Rentomojo. The startup last raised ₹210 crore in February 2024 in its Series D and D1 round, which was led by Edelweiss Discovery Fund Series—I and included participation from Chiratae Ventures and Magnetic Ventures. Other investors include Accel and Bain Capital.
यह कहानी Mint Mumbai के June 30, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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