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The Economic Times
The Economic Times
Disha Acharya and Tanishka Dubey

Rentomojo to go public at Rs 4,246 crore valuation; up 5x from last private round

Rentomojo Accel

Furniture and home electronics rental startup Rentomojo is expected to go public at a valuation of Rs 4,246 crore, based on the upper end of its Rs 384-404 price band announced on Friday. Its post-money IPO valuation is about fivefold higher than its last valuation of Rs 850-900 crore in a private fundraise in 2024 .

Rentomojo is raising Rs 150 crore in fresh capital and investors such as Accel, Chiratae Ventures, and ValueQuest are selling shares worth Rs 1,106 crore via an offer for sale (OFS). This brings the total issue size to about Rs 1,256 crore.

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