RentoMojo raises ₹145 crore in debt and equity round

Furniture rental firm RentoMojo said it has raised ₹145 crore. The funding saw ₹130 crore coming in debt, while the remaining ₹15 crore was equity raised from existing investors including Accel and Bain Capital. The startup claims to have turned profitable in October and has reported an annualised revenue of over ₹100 crore in the financial year 2021.

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