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
Shri Investments Series C
Venture Catalysts Secondary Market