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Indian furniture rental platform Rentomojo files IPO to raise up to ₹150 crore.
India's Rentomojo, an online furniture rental platform, has filed IPO papers with SEBI to raise up to ₹150 crore.
The offer includes a fresh issue and an offer-for-sale by existing investors, with proceeds earmarked for debt repayment and warehouse costs.
Founded by Geetansh Bamania, the company claims a 42-47% market share and reported revenue of ₹265.96 crore and a profit of ₹43.11 crore for FY2025.
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La plataforma india de alquiler de muebles Rentomojo presenta su IPO para recaudar hasta ₹ 150 crores.