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Rentomojo

Rentomojo raises Rs 22 Cr from existing backers

Rentomojo

Online furniture and appliances rental Rentomojo has raised around Rs 22.43 crore from existing investors, Shri Investment; Pratithi Investment Trust and Gautam Dalmia. The Bengaluru-based company has allotted 2594 Series C2 CCPS at Rs 86,471.17 per share to these investors to rake in Rs 22.43 crore.

In its six years of operations, Rentomojo has raised over $35 million from the likes of Accel, Chiratae Ventures, and Bain Capital. The Geetansh Damania-led firm had recently touched the $100 million valuation mark.

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