Rentomojo's big year: revenue jumps 38% in FY25
Rentomojo, the furniture and appliance rental startup, just pulled off a strong year—revenue shot up 38% to ₹266 crore, and profits surged 92%.
This marks their third year in a row staying profitable, mostly thanks to more people subscribing and smart reuse of older rental items.
How Rentomojo is winning the rental game
With 2.2 lakh active subscribers and 7.7 lakh items rented out across 23 cities, Rentomojo is one of the leading players in India's organized rental market for furniture and appliances.
Their focus on reusing assets has pushed their returns higher, showing that renting can be both sustainable and good business.
IPO on the horizon
Rentomojo is getting ready to go public, bringing IIFL Capital and Motilal Oswal on board as lead managers.
Backed by big investors like Accel and including Bain Capital—and having raised over ₹650 crore so far—their steady growth shows investors are betting on rentals being here to stay.