Archive · 26 Oct 2025
Rentomojo: Furnishing Flexibility, Building a Successful Business
Imagine a company called Rentomojo that lets people rent furniture and appliances instead of buying them.
The founder, Geetansh Bamania, saw that young people often move and don't want to be stuck with furniture.
Rentomojo lets you rent things and change them easily.
The company has to be good at lots of things, like delivering, fixing, and cleaning furniture.
They started with money from investors and have grown a lot.
They made a profit last year and plan to make even more money.
The company is now a big player in the rental business, and might even become a public company soon.
Rentomojo was founded by Geetansh Bamania in 2015.
The business model focuses on renting furniture and appliances.
Rentomojo offers flexible rental terms with options to cancel or upgrade.
The company has expanded to serve over 220,000 subscribers.
Rentomojo plans to launch an IPO in mid-2026.
- Who
- Geetansh Bamania founded Rentomojo.
- What
- Rentomojo is a furniture and appliance rental business.
- When
- Rentomojo was founded in 2015.
- Where
- The company operates in India.
- Why
- Rentomojo aims to provide flexibility and freedom to customers through rental services.
- Founder
- Geetansh Bamania
- Founded
- 2015
- FY23 Profit
- Rs 6.2 crore
- FY23 Revenue
- Rs 123.3 crore
- Active Subscribers
- Over 220,000
- Estimated Market Share
- Over 50% (Organized Rental)
- Target IPO
- Mid-2026