Synopsis
Bengaluru-based furniture rental platform Rentomojo has appointed IIFL and Motilal Oswal as bankers for its planned IPO in FY27. The company is aiming to go public after achieving its fourth consecutive year of profitability in fiscal 2025. Rentomojo estimates a net profit of Rs 40 crore for FY25, a significant increase from Rs 22.1 crore in FY24.
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