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RENTOMOJO NET PROFIT
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.
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...
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.
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...
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...
Discount brokers & margin funding biz; ETSA Comeback Kid winner Rentomojo eyes IPOHappy Thursday! Discount brokers are evaluating new businesses amid Sebi’s regulatory changes. This and more in today’s ETtech Morning Disp...
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...
Winners of ET Startup Awards 2024; and other top stories this weekWe at ETtech were neck-deep preparing for the past few months to bring to you the tenth edition of The Economic Times Startup Awards (ETSA)...
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...
Fintechs struggle to come together for self-regulation; epharmacies, govt officials hold talks over new rulesIndia's new-age financial services industry has faced constant regulatory scrutiny in recent years disrupting businesses across the board. ...
HCLTech Q4 net profit jumps 11%, FY23 hiring dips 60%; Twitter rival Koo lays off staffIndia's third-largest IT major HCLTech registered an 11% rise in its Q4 net profit to Rs 3,983 crore, beating the ET Now poll estimate of 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...