Accel-Backed Rentomojo Kicks Off IPO Preparations

The startup has onboarded IIFL and Motilal Oswal as the book running lead managers for its initial public offering (IPO) and is eyeing a public listing in FY27

The startup’s net profit zoomed 82% to INR 40 Cr in FY25 from INR 22.1 Cr profit in FY24, as per its provisional numbers

Rentomojo has raised a funding of about INR 400 Cr ($45.3 Mn) to date from the likes of Accel, Chiratae Ventures, and Bain Capital

Amid the ongoing startup IPO boom, furniture rental startup