RentoMojo
Simplifying Your Space, One Rental at a Time
Simplifying Your Space, One Rental at a Time
RentoMojo Analysis
RentoMojo, with the slogan "Simplifying Your Space, One Rental at a Time," is an online furniture rental platform established in November 2014. It currently serves customers in Bangalore, Pune, Mumbai, Hyderabad, Chennai, Delhi, Gurgaon, and Noida.
Founded by Geetansh Bamania, an ex-IITM, in November 2014 in India, RentoMojo emerged from his personal experience of living in rented apartments and juggling long working hours, which made it inconvenient to furnish his home. RentoMojo offers a practical solution for furnishing rental properties, eliminating the need for buying and selling furniture.
RentoMojo operates in the E-Commerce and Internet industries, providing a unique service to urban dwellers facing the challenges of furnishing rented accommodations.
Notably, RentoMojo secured a significant INR2.10B Series D investment on 21 February 2024, with backing from Chiratae Ventures, Edelweiss Financial Services, and Rajeev Chitrabhanu (MAGNETIC). This latest investment reflects confidence from notable investors, indicating positive growth prospects for the company.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series D | INR2.10B | 3 |
|
21 Feb 2024 |
| Venture Round | INR150.00M | 2 |
|
25 Nov 2021 |
| Series C | INR100.00M | 3 |
|
14 Mar 2021 |
| Series C | INR224.30M | 2 |
|
02 Jun 2020 |
| Series C | INR244.80M | 6 |
|
14 May 2020 |
No recent news or press coverage available for RentoMojo.
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