Rentomojo Took Almost A Decade To Find Its Mojo; What’s Next?

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The great Indian new-age tech IPO queue is growing as we speak, and the newest entrant to add gravity to this frenzy is RentoMojo — a Bengaluru-based furniture and appliance rental platform. 

Incorporated in 2014, the company has reportedly appointed Motilal Oswal as one of its book-running lead managers (BRLMs), marking its first step towards the D-Street. Although the startup hasn’t given a definitive timeline, there is an unspoken code among Indian startups for going public within 18 months of hiring investment bankers.

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Rentomojo Took Almost A Decade To Find Its Mojo; What’s Next?


The great Indian new-age tech IPO queue is growing as we speak, and the newest entrant to add gravity to this frenzy is RentoMojo — a Bengaluru-based furniture and appliance rental platform. 

Incorporated in 2014, the company has reportedly appointed Motilal Oswal as one of its book-running lead managers (BRLMs), marking its first step towards the D-Street. Although the startup hasn’t given a definitive timeline, there is an unspoken code among Indian startups for going public within 18 months of hiring investment bankers.

If…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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