Furniture, appliances rental startup Rentomojo picks bankers for IPO, sources sayBengaluru-based furniture rental platform Rentomojo has appointed IIFL and Motilal Oswal as bankers for its planned IPO in FY27. The compan...
22 Sep, 2025, 04.24 PM IST
Furniture rental startup Rentomojo nears Rs 200 crore FY24 operating revenueRentomojo reported a 60% rise in operating revenue to Rs 193 crore in FY24. Controlled rise in expenses during the year saw net profit surg...
14 Oct, 2024, 11.02 AM IST
ETSA 2024: Comeback Kid winner Rentomojo eyes IPO in next 18 monthsETSA’s ‘Comeback Kid’ category winner Rentomojo’s founder Geetansh Bamania talks about weathering storm. Rentomojo turned profitable in FY2...
26 Sep, 2024, 06.01 AM IST
ET Startup Awards 2024: Comeback Kid | Rentomojo shows off scale in its Act-II showstopperThe two top candidates that emerged after discussions were shared workspace provider Awfis, which went public in May this year, and furnitu...
13 Sep, 2024, 06.00 AM IST
Furniture rental startup Rentomojo raises $25 million in funding round led by Edelweiss DiscoveryThe company has raised the capital – which it said will be used to further build on the appliances and furniture rental category -- after o...
21 Feb, 2024, 07.51 PM IST
Sleepwell parent to acquire Kurl-On and Furlenco for Rs 2,035 croreSheela Foam has signed a deal to acquire a 35% stake in online furniture retailer Furlenco furniture for Rs 300 crore. The acquisition of a...
17 Jul, 2023, 06.47 PM IST
Furlenco expects revenue to reach Rs 500 cr by March 2024Furlenco is present in the business of furniture rentals across six cities -- Delhi-NCR, Mumbai, Bengaluru, Hyderabad, Chennai, and Pune.
12 Jul, 2022, 06.20 PM IST
Vedantu says it is laying off another 424 employeesVedantu had earlier fired 200 of its contractual and full-time employees, amid cratering demand for online education, owing to the opening ...
19 May, 2022, 10.39 AM IST
Edtech unicorn Vedantu lays off 200 employeesAbout 120 of these employees were on contract while 80 were full-time employees, Vedantu told ET. Almost all were from the company’s academ...
05 May, 2022, 08.59 PM IST
Cameo, celebrity video shout-out app, says it will layoff 25% of employeesThe decision to reduce our headcount was a painful but necessary course correction” to “balance our costs with our cash reserves,” CEO and ...
05 May, 2022, 09.34 AM IST
How some startups are being inventive in the face of coronavirus pandemicSuddenly, startups that were looking for growth avenues were scrambling for ways to survive. The smart ones, however, have learnt to adapt.
25 Apr, 2020, 10.51 PM IST
Furlenco closes $10 million debt and equity financing round from existing backersThe subscription-based online rental furniture platform, which provides furniture, home decor and home appliances on rent, has, since incep...
02 Apr, 2020, 12.24 PM IST
Pepperfry eyes volume from newly launched furniture rentalsThe homeware and furniture online retail market is expected to cross $1.1 billion in revenues in 2017 from $900 million in 2016 growing at ...
21 Sep, 2017, 11.22 AM IST
Why more and more consumers now prefer to share rather than buyA sizeable sharing economy is opening up on apps and mobile sites that allow users to pick up a mind-boggling array of stuff on rent—design...
27 Jul, 2017, 02.09 PM IST
How startup founders are compensating employees for lack of job securityTo make up for the uncertainty and insecurity of life in a startup, founders often try to compensate employees in other ways, from helping ...
29 May, 2017, 10.45 AM IST
How India's startup story changed in 2016Flipkart, Snapdeal, and Ola, the poster children of the Indian startup scene, watched their valuation dropping — Flipkart, most notably, fr...
26 Dec, 2016, 12.35 PM IST
Furlenco raises Rs 200 crore in debt and equity financing in new funding roundThis is the third investment in the country by Axis Capital Partners, which had earlier backed fin-tech venture uTrade and online marketpla...
19 Oct, 2016, 12.04 AM IST