Rentomojo posts Rs 266 Cr revenue in FY25; profits surge 92%

Share via:


Following strong momentum in the previous year, furniture and appliances rental startup Rentomojo reported a 38% year-on-year increase in revenue in FY25, while its profit surged 92% during the same period.

Rentomojo’s revenue from operations rose to Rs 266 crore in FY25, compared to Rs 193 crore in FY24, according to a company statement released on Monday.

Founded in 2014, Rentomojo operates at the intersection of consumer tech and lifestyle, offering furniture, appliances, and newer categories such as water purifiers on a rental basis. The company…



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.

Popular

More Like this

Rentomojo posts Rs 266 Cr revenue in FY25; profits surge 92%


Following strong momentum in the previous year, furniture and appliances rental startup Rentomojo reported a 38% year-on-year increase in revenue in FY25, while its profit surged 92% during the same period.

Rentomojo’s revenue from operations rose to Rs 266 crore in FY25, compared to Rs 193 crore in FY24, according to a company statement released on Monday.

Founded in 2014, Rentomojo operates at the intersection of consumer tech and lifestyle, offering furniture, appliances, and newer categories such as water purifiers on a rental basis. The company…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

India’s Telecom Transformation: STAR Infomatic at the Core of...

New Delhi , December 22: India’s telecom sector...

Wireless keyboards can make your setup more future-proof; Trust...

A wireless keyboard brings calm order to a...

PowerUp Money raises $12 Mn in Series A round...

PowerUp Money, a mutual fund advisory wealthtech platform,...

Popular