RentoMojo
RentoMojo is a Bengaluru-based online rental platform that provides furniture, appliances, electronics and fitness equipment on a monthly rental (subscription) basis rather than for purchase, including free delivery, installation and periodic maintenance. Founding year is disputed across sources: StartupTalky states the company "was founded in November 2014," while Entrackr's October 2024 revenue report states "Founded in 2015." TechCrunch's July 2016…
RentoMojo: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 21 Feb 2024 | Series D | $25 Mn | Edelweiss Discovery Fund Series I Chiratae Ventures Magnetic | source |
| Mar 2021 ~ | Series C3 | ₹10 Cr (~$1.4M) | Accel Chiratae Ventures | source |
| 28 Aug 2019 | Series C | ₹27.7 Cr (~$3.9M) | Samsung Venture Investments Corp Mitsui Sumitomo Insurance Venture Capital | source |
| 10 May 2019 | Series C | ₹77 Cr | Accel India Chiratae Ventures Bain Capital GMO VP Renaud Laplanche | source |
| 19 Jul 2017 | Series B | $10 Mn | Bain Capital Ventures Accel Chiratae Ventures Renaud Laplanche | source |
| 14 Jul 2016 | Series A | $5 Mn | Accel Chiratae Ventures | source |
| 23 Nov 2015 | Pre-Series A | $2 Mn | Accel Chiratae Ventures | source |
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Who founded RentoMojo?
RentoMojo was founded by Geetansh Bamania, Ajay Nain, Achal Mittal, Gautam Adukia in 2014.
How much funding has RentoMojo raised?
RentoMojo has raised $58.33 Mn across 7 tracked funding round(s), most recently on 2024-02-21. Figures are compiled from cited public sources.
Who are the investors in RentoMojo?
Investors in RentoMojo include Edelweiss Discovery Fund Series I, Chiratae Ventures, Magnetic, Accel, Samsung Venture Investments Corp, Mitsui Sumitomo Insurance Venture Capital.
What does RentoMojo do?
RentoMojo is a Bengaluru-based online rental platform that provides furniture, appliances, electronics and fitness equipment on a monthly rental (subscription) basis rather than for purchase, including free delivery, installation and periodic maintenance. Founding year is disputed across sources: StartupTalky states the company "was founded in…
Where is RentoMojo headquartered?
RentoMojo is headquartered in Bengaluru, Karnataka, India.
What is RentoMojo's business model?
RentoMojo's core value proposition centers on Rental Monthly Installment cheaper than EMI, Free maintenance and yearly product trade-in.
How does RentoMojo make money?
RentoMojo's cited revenue streams include Rental Monthly Installments (RMI).