Accel-backed Rentomojo files for India IPO
Online furniture rental platform Rentomojo has filed for an initial public offering in Mumbai, according to a draft prospectus dated Friday.
By Reuters |
Agencies
Online furniture rental platform Rentomojo has filed for an initial public offering in Mumbai, according to a draft prospectus dated Friday.
The company is selling new shares worth up to 1.5 billion rupees ($15.85 million), while existing shareholders, including venture capital firm Accel, is selling up to 28.4 million shares, the filing showed.
The company is selling new shares worth up to 1.5 billion rupees ($15.85 million), while existing shareholders, including venture capital firm Accel, is selling up to 28.4 million shares, the filing showed.
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