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RentoMojo Set for Public Listing, Rebrands from Edunetwork

RentoMojo's rebranding brings its corporate identity in line with its consumer brand. A public listing is on the horizon as the company looks to build on its success in the Indian market.

Home appliances and furniture are placed representing a home environment in a store. There is a TV...
Home appliances and furniture are placed representing a home environment in a store. There is a TV on a table. Beside it a couch in pink color. There are sofa and two chairs around a small stool. There is dining table with chairs behind. There is a big sofa in the background. There are some articles placed in shelves. There are lighting arrangements to the roof.

RentoMojo Set for Public Listing, Rebrands from Edunetwork

RentoMojo, a leading furniture and appliance rental service, is set to rebrand and prepare for a public listing. The company, founded in 2014, operates 65 physical stores across 22 cities in India, serving over 2.2 lakh active subscribers with a fleet of 7.5 lakh items.

The decision to rename the entity from Edunetwork Private Limited to Rentomojo Private Limited aligns the corporate identity with the consumer-facing brand. This move comes ahead of RentoMojo's next growth phase, which includes a targeted public listing in FY27.

In FY25, RentoMojo reported an impressive 82% increase in net profit, reaching INR 40 crore. The company has raised approximately INR 400 crore from investors such as Accel, Chiratae Ventures, and Bain Capital. To facilitate its IPO plans, RentoMojo has appointed IIFL and Motilal Oswal as investment bankers.

RentoMojo's rebranding and preparation for a public listing reflect the company's growth and confidence in its business model. With a strong subscriber base and a significant increase in profits, RentoMojo looks set to continue its expansion in the Indian market.

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