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RentoMojo
company
About
RentoMojo is an online rental platform that provides furniture, appliances and electronics (mobiles, laptops) on a monthly rental basis.
- 501 - 1000
Details
- Last Funding Type
- Series C
- Last Funding Money Raised
- ₹277M
- Industries
- E-Commerce,Furniture,Internet,Rental
- Founded date
- Dec 1, 2014
- Number Of Employee
- 501 - 1000
- Operating Status
- Active
RentoMojo is an online furniture rental platform that was incorporated in November 2014.It currently operates in Bangalore, Pune, Mumbai, Hyderabad, Chennai, Delhi, Gurgaon and Noida.RentoMojo was founded by Geetansh Bamania, an ex-IITM, in November 2014 in India. Like many other young working professionals, he was living in rented apartments, working long hours and found it inconvenient to equip the house with furniture when he moved. RentoMojo was developed to provide an alternative to buying and selling furniture in rental properties.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
4
₹501.30M $320K
RentoMojo has raised a total of
₹501.30M $320K
in funding over 2 rounds. Their latest funding was raised on
Jun 2, 2020 from a Series C round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jun 2, 2020 | Series C | ₹224.30M | 1 | — | — | Detail |
| Sep 1, 2019 | Secondary Market | $320K | 1 | — | — | Detail |
| Aug 28, 2019 | Series C | ₹277M | 1 | — | — | Detail |
| Apr 11, 2017 | Series Unknown | — | 1 |
InnoVen Capital
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
3
RentoMojo is funded by 3 investors.
InnoVen Capital
and Shri Investments
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
InnoVen Capital
|
Yes | Series Unknown |
|
|
— | Series C |
Venture Catalysts
|
— | Secondary Market |
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