Rentomojo Took Almost A Decade To Find Its Mojo; What’s Next?

The great Indian new-age tech IPO queue is growing as we speak, and the newest entrant to add gravity to this frenzy is RentoMojo — a Bengaluru-based furniture and appliance rental platform. 

Incorporated in 2014, the company has reportedly appointed Motilal Oswal as one of its book-running lead managers (BRLMs), marking its first step towards the D-Street. Although the startup hasn’t given a definitive timeline, there is an unspoken code among Indian startups for going public within 18 months of hiring investment bankers.

If…