RentoMojo logo — Simplifying Your Space, One Rental at a Time

RentoMojo

Simplifying Your Space, One Rental at a Time

Founded 2014 501-1000 employees Series D Total: $3.89B E-Commerce, Internet +1

General Information

Company Name RentoMojo
Founded Year 2014
Employees 501-1000
Industries E-Commerce, Internet, Real Estate
Funding Stage Series D
Social

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About RentoMojo

RentoMojo Analysis

RentoMojo, with the slogan "Simplifying Your Space, One Rental at a Time," is an online furniture rental platform established in November 2014. It currently serves customers in Bangalore, Pune, Mumbai, Hyderabad, Chennai, Delhi, Gurgaon, and Noida.

Founded by Geetansh Bamania, an ex-IITM, in November 2014 in India, RentoMojo emerged from his personal experience of living in rented apartments and juggling long working hours, which made it inconvenient to furnish his home. RentoMojo offers a practical solution for furnishing rental properties, eliminating the need for buying and selling furniture.

RentoMojo operates in the E-Commerce and Internet industries, providing a unique service to urban dwellers facing the challenges of furnishing rented accommodations.

Notably, RentoMojo secured a significant INR2.10B Series D investment on 21 February 2024, with backing from Chiratae Ventures, Edelweiss Financial Services, and Rajeev Chitrabhanu (MAGNETIC). This latest investment reflects confidence from notable investors, indicating positive growth prospects for the company.

Taxonomy: furniture rental platform, online rental services, home furnishings rentals, electronics rentals, appliances rentals, consumer leasing, financial solutions, startup, rent-to-own, IITM startup, urban living solution, rental properties, office furniture, bike lease rental services

Funding Rounds & Investors (15)

View All
Funding Stage Amount Investors Lead Investors Date
Series D INR2.10B 3
Chiratae Ventures, Rajeev Chitrabhanu (MAGNETIC) +1
21 Feb 2024
Venture Round INR150.00M 1
Bain Capital
25 Nov 2021
Series C INR100.00M 2
Chiratae Ventures, Daniel Curran
14 Mar 2021
Series C INR224.30M 2
Pratithi Investments, Shri Investments
02 Jun 2020
Series C INR244.80M 5
Bain Capital, Chiratae Ventures +3
14 May 2020
Series C INR277.00M 3
Venture Catalysts, Samsung Ventures +1
28 Aug 2019
Series C $11.60M 1
Renaud Laplanche
18 Jul 2019
Series C INR770.00M 6
Bain Capital, Chiratae Ventures +4
10 May 2019
Series B $10.00M 4
Bain Capital Ventures, Chiratae Ventures +2
19 Jul 2017
Debt Financing Undisclosed 1
Ashv Finance
31 May 2017

View All 15 Funding Rounds

RentoMojo Alternatives & Competitors

View All Alternatives
RentoMojo vs
Happy's Rent to Own
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RentoMojo vs
Rent King
Rent King United States

We'll Hook You Up & Treat You Right!

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RentoMojo vs
iRENT MO
iRENT MO Philippines

We make it easy for you to own things, by providing access to different financing options for your p...

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FAQ About RentoMojo

Simplifying Your Space, One Rental at a Time
RentoMojo was founded in 2014.
RentoMojo operates in E-Commerce, Internet and Real Estate. Its work centres on furniture rental platform, online rental services, home furnishings rentals and electronics rentals.
RentoMojo has approximately 501-1000 employees.
RentoMojo has completed 15 funding rounds, raising a total of $3.89B. The latest funding stage is Series D.
Top alternatives and competitors to RentoMojo include Happy's Rent to Own, Rent King, iRENT MO, Rentswale, SimplyMoveIn. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
RentoMojo and Happy's Rent to Own are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for RentoMojo, https://bouncewatch.com/company/rentomojo, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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