Different Rental Plans Available on Rentomojo
Rentomojo offers a variety of flexible rental plans to cater to different needs:
- Furniture Rentals: Starting at just Rs.59 per month.
- Appliance Rentals: Starting at Rs. 299 per month.
- Electronics Rentals: Starting at Rs.149 per month.
These plans are designed to provide flexibility and affordability to the customers. You can rent any item for a few months or a few years, depending on your needs. The company also offers the convenience of easy returns, allowing you to pay only for the time you use the product and close your subscription without any hassle.
Rentomojo Raises $25 Million in Funding Round Led by Edelweiss Discovery
Furniture and appliance rental startup Rentomojo has raised $25 million in a funding round led by Edelweiss Discovery. This is the company’s largest funding round to date and will be used to expand its business and enter new markets. Rentomojo has been profitable for the past 10 quarters and serves close to 450,000 customers. The company competes with several other furniture and appliance rental companies, including Furlenco and Pepperfry.
In Short:
- Furniture startup Rentomojo has raised $25 million in its largest funding round to date.
- Rentomojo boasts profitability for the past 10 quarters and serves nearly 450,000 customers across India.
- This funding round, led by Edelweiss Discovery, positions Rentomojo for continued growth in the flourishing furniture rental market.