Furniture and appliance rental startup RentoMojo filed its draft red herring prospectus (DRHP) with SEBI, as it gears up to become the first furniture rental startup to go public in India. The proposed IPO will include a fresh issue of shares worth up to ₹150 Cr and an offer for sale (OFS) of up to 2.84 Cr shares.
The IPO will allow partial exits for investors like Accel India, Edelweiss Discovery Fund, ValueQuest, Madison India Capital, Chiratae Ventures, International Finance Corporation and GMO Payment Gateway. Meanwhile, promoter and…

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