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RENTOMOJO BUSINESS MODEL
Zetwerk's pre-IPO move; War hits your deliveriesHappy Monday! Zetwerk is in talks to raise pre-IPO funding. This and more in today's ETtech Morning Dispatch.- Rentomojo files draft prospectus for Rs 1,100-1,200 crore IPORentomojo has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for an initial public offering of...
- Food delivery startup Swish in talks to raise $30-35 million from Bain Capital Ventures, Accel: SourcesSwish is discussing a $30-35 million fundraise from Bain Capital Ventures along with existing investors including Accel, people in the know...
- IPO-bound Rentomojo doubles net profit on 37% revenue growth in FY25Rentomojo, a furniture and electronics rental startup, reported a significant profit increase to Rs 43 crore in fiscal year 2025. Operating...
- H-1B fee hike risks; PhonePe's losses shrinkThe H-1B visa fee hike threatens education lenders with riskier loans. This and more in today's ETtech Top 5.
- This Mexican man pays Rs 4 lakh a month to NOT live in BengaluruA Mexican national living in a rented home near Bengaluru’s Nandi Hills has stirred social media conversation after revealing he pays ₹4 la...
- Purplle’s extended fundraise; VCs increased scrutinyVenture capitalists are taking a hard look at early-stage startups before signing off on follow-on funding. This and more in today’s ETtech...
- Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- The Economic Times Startup Awards 2024: And the big winners are…Top entrepreneurs, business leaders and an international cricketer came together in Bengaluru on September 11 to pick the winners of The Ec...
- ET Startup Awards 2024: Nominees for Comeback KidThis award celebrates failure and recognises those who have survived to tell the tale. It will be given to entrepreneurs who rebuilt or lau...
- 9Unicorns may extend maiden fund to $120 million9Unicorns's maiden accelerator fund, set up in 2020, provides funding of around $300,000 to $1 million to startups in the first round and a...
- Gurgaon-based startup Grip secures financing from Anicut and Gemba CapitalGrip Invest provides a lease finance platform where investors can purchase and lease assets to companies, providing them with an additional...
- Why renting stuff can be more beneficial for youConsumers nowadays are opting to rent cars, instead of buying them. An emerging trend has been to rent furniture and appliances, especially...
- Never need to buy: The boom in renting everything from furnitures to vehicles'Sharing' as a business model is considered the playbook of startups, but the first example the BCG article quoted was an interesting one.
- Slowdown of early-stage in series A deals affects deal flow: TracxnThe number of pre-series A deals dipped from a total of 951 deals in 2016 to 643 deals in 2017. Over the same period, series-A deals droppe...
- RentoMojo raises $10 million in Series-B fundingBain Capital Ventures, former Lending Club CEO Renaud Laplanche and existing investors Accel Partners & IDG Ventures also participated in r...
- 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...
- RentoMojo receives $5 mn funding from Accel, IDG VenturesThese funds will be used to further strengthen the product and data driven structure within the company.
- RentoMojo appoints Tina Datta Nayak as VP growth marketingAn integrated marketing specialist, Nayak brings with her over 11 years of experience in brand strategy and digital & mobile marketing.
- RentoMojo raises Rs 13 crore from IDG Ventures India & Accel Partners IndiaFounded by IIT-Madras graduates, the startup recently ventured into the transportation segment by launching motorcycles and bike rentals.
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