Comments
Rentomojo, a Bengaluru-headquartered furnishing solutions platform, has raised $2 million in Pre-Series A from Accel Partners and IDG Ventures India.
Rentomojo, founded in November 2014 by IIT Madras graduates Geetansh Bamania and Ajay Nain, had raised seed capital from London-based investors last year.
The funds will fuel our expansion across the country,” Geetansh Bamania, Co-founder and CEO, Rentomojo said in a press statement.
Following the fund-raising, Venkatesh Peddi from IDG Ventures India and Prashanth Prakash from Accel Partners will join the company’s board.
At present, Rentomojo has operations in Bengaluru, Mumbai, Delhi NCR and Pune. Categories on the platform include appliances, furniture, packages, kitchen and home utility, and two-wheelers.
rajesh.kurup@thehindu.co.in
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.