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RentoMojo sees 3x increase in profit to INR 22 Cr, revenue close to INR 200 Cr for FY24

Business
Online furniture rental startup RentoMojo has nearly reached the INR 200 crore mark in operating revenue for the financial year 2023-24 (FY24),͏͏ driven͏͏ by͏͏ robust͏͏ customer͏͏ demand͏͏ and͏͏ enhanced͏͏ efficiency͏͏ from͏͏ automation.The͏͏ Bengaluru-based͏͏ startup͏͏ recorded͏͏ a͏͏...

Furniture rental startup RentoMojo set to file for IPO in the next 18 months

Startups
Online furniture rental startup RentoMojo is preparing to file for an IPO within the next 18 months,͏͏ as͏͏ stated͏͏ by͏͏ its͏͏ founder͏͏ and͏͏ CEO,͏͏ Geetansh Bamania.Achieving͏͏ Profitability͏͏ Amid͏͏ Industry͏͏ Challenges:According͏͏ to͏͏ an͏͏ ET͏͏ report,͏͏ RentoMojo͏͏ achieved͏͏...

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