"10 crore jobs will be created as India grows to become the third-largest economy by 2030. In this abundance, where a lot of people will also switch jobs, we aim to be the best alternative to purchasing," says our founder, Geetansh Bamania. On the latest episode of #foundersunfiltered podcast by A Junior VC, Geetansh takes us behind the scenes of his journey—how he built Rentomojo and the key milestones that have shaped our 10-year story. 💡 He also spills the beans on: ✅ How he found the first customers ✅ His favorite hiring question ✅ His perspective on AI 🎙️ Tune in to his conversation with Aviral Bhatnagar and Mazin as he shares what the future holds for RentoMojo. https://lnkd.in/dcea8AKv #Rentomojo #Founder #Podcast #Renting #Furniture #Appliance
RentoMojo
Internet Publishing
Bangalore, Karnataka 84,043 followers
Get furniture, appliances, electronics, and fitness products on monthly rental subscriptions.
About us
RentoMojo was founded by IIT-M alums and serial entrepreneurs who worked out of almost every major city in India in the last five years. Frustrated with the hassles of relocating from one place to the other, and tired of finding that perfect cluster of home essentials that suited their lifestyle. RentoMojo offers asset leasing, helping you set up your home at easy and affordable rentals (RMI). We have amazingly affordable options for you to bring your relocation alive. Our hassle free approach to renting is characterized by our packages which are just a click away and delivered free of cost. We're here to change the way shopping is done because we believe in "Smart Ownership".
- Website
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https://r.rmjo.in/linkedin
External link for RentoMojo
- Industry
- Internet Publishing
- Company size
- 501-1,000 employees
- Headquarters
- Bangalore, Karnataka
- Type
- Privately Held
- Founded
- 2014
- Specialties
- RMI, Home Furnishings Rentals, Electronics Rentals, Home Appliances Rentals, Rent Furniture Online, Furniture and Appliances Rental, Rent Appliances Online, Home Furniture, Office Furniture, Bike Lease Rental Services, Consumer Leasing, Financial Solution, and Fintech
Locations
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Primary
Edunetwork Pvt Ltd ,#1, Hosur Main Road, Kira Layout, Near-Forum Mail
Bangalore, Karnataka 560029, IN
Employees at RentoMojo
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Ketan Krishna
Ketan Krishna is an Influencer The Power of Ordinary | Coach | Speaker | Author | HR Head I HR Tech I Venture Capital
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Krishan Kant Upadhyay
City Head at RentoMojo
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Praveer Saini
Rentomojo.com|Ex-Fabfurnish|Ex-Flipkart
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Anandd Kumar Pandey
Head of Human Resources Operations at RentoMojo
Updates
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RentoMojo reposted this
Acknowledgement Time! We are excited to share that Rentomojo has been recognised as an Indicorns - one of India's most successful startups that has crossed ₹100 crore in revenue while being profitable! From taking the hit during pandemic, to turning profitable and growing sustainably month on month- we have come a long way! We couldn’t have achieved this without the incredible support of our team, partners, and customers! We are proud to be part of the Indicorns movement, shifting the focus from chasing valuations to creating profitable businesses that last. #Indicorns2024 #RealGrowth #WeAreIndicorns
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RentoMojo reposted this
Congratulations to Geetansh Bamania of RentoMojo, on winning the award for 'Comeback Kid' at the #ETStartupAwards. After a tumultuous time during the pandemic, Rentomojo achieved profitability by October 2021 and has maintained it quarterly since. With a 50% year-on-year CAGR and significant profit growth, the company has successfully focused on profitability despite their previous hurdles. #ETSA IDFC FIRST Bank IndiQube The Leela Palace Bengaluru Tracxn Stanford Seed The Economic Times
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For years, the "Rent vs. Buy" debate has raged on, but we’ve finally cracked it—with a side of pizza and 🥭 thanks to Sharan Hegde! Here’s the deal: Why drop ₹3 lakhs on furniture & appliances that start losing value & depreciate the moment you buy them? When you can rent your 2BHK essentials for ₹10k/month! You're not just saving on the initial cost but also getting free repairs & free relocation. Now, imagine putting that lump sum into mutual funds —watch your wealth grow instead of your liabilities! 🤯 📈 Tag that friend who’s about to splurge on a fancy sofa and ask, kya fook ke aaya hai bey? 🤔
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Acknowledgement Time! We are excited to share that Rentomojo has been recognised as an Indicorns - one of India's most successful startups that has crossed ₹100 crore in revenue while being profitable! From taking the hit during pandemic, to turning profitable and growing sustainably month on month- we have come a long way! We couldn’t have achieved this without the incredible support of our team, partners, and customers! We are proud to be part of the Indicorns movement, shifting the focus from chasing valuations to creating profitable businesses that last. #Indicorns2024 #RealGrowth #WeAreIndicorns
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RentoMojo reposted this
Online furniture rental startup RentoMojo is gearing up to file for an IPO within the next 18 months, according to its founder and CEO Geetansh Bamania 👇 RentoMojo became profitable in FY23, setting itself apart in an industry where many competitors have struggled with sustainable unit economics. It is pertinent to note that in early 2020, as profitability was within sight, the pandemic exposed several challenges for RentoMojo, requiring the company to course-correct before eventually achieving profitability. This period, Bamania said, instilled a mindset of sustainable growth for the business. To read the in-depth article, click here: https://lnkd.in/gqq6DhQY #news #startup #IPO
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Super thankful to Chiratae Ventures and Ranjith Menon for their unwavering support and belief in us throughout our journey. Long way to go!
Partner and Managing Director at Chiratae Ventures I Invest in early stage tech in India I Healthcare I B2B I SaaS
Such a proud moment for us at Chiratae Ventures . Peyush Bansal and team Lenskart.com , thank you for having us on the sidelines from the very beginig. Proud of the organization you are building. Geetansh Bamania and team RentoMojo , we have witnessed some dramatic ups and downs. It is a testimony that building a company is hard . Inspiring stuff. Khet Singh Rajpurohit and ClaimBuddy , we are in the early stages of our journey. It is an investment driven by a personal experience. You can great great value in terms of customer experience. Anyone inspired to startup or in the early stages of your startup up journey , don’t hesitate to reach out for a conversation.
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We’re thrilled to announce that Renomojo has been honored with the "Comeback Kid" Award at the ET Startup Awards 2024! This recognition is a testament to our team's unwavering dedication, innovation, and resilience. At Renomojo, we’ve always believed in pushing boundaries and striving for excellence, and this award underscores our commitment to those values. A huge thank you to our incredible team for their hard work. We’re excited for what’s next and look forward to continuing our journey with even more passion and drive. Here’s to many more milestones ahead! 🚀 #ETtechAwards #ComebackKid #Innovation #Teamwork #Renomojo #Success #Milestones
ET Startup Awards 2024: Comeback Kid | Rentomojo shows off scale in its Act-II showstopper Bengaluru-based Rentomojo emerged as the winner, with the jurors keeping perseverance as the topmost trait, while commending the team for a successful comeback. “Rentomojo has made a strong comeback after Covid. The way they’ve been able to build in a difficult category and cracking it with scale has been impressive,” said juror Ritesh Arora, cofounder and chief executive officer (CEO) of BrowserStack. Geetansh Bamania, the founder and CEO of RentoMojo, credits this turnaround to a shift in the company’s culture during the pandemic. Rentomojo had three other founders, who left in 2018 to start other ventures. https://lnkd.in/gyvWmmVp
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Tuesday with Rentomojo’s chief happiness pawficer. 🐶 Google, dedicatedly working on setting up campaigns, attending calls and playing hide & seek🐾 #pawstivity
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Our recent event was filled with laughter, unforgettable experiences, and countless memories. A huge thank you to everyone who joined us and made the day spectacular! Until next time, keep renting and keep celebrating! Stay tuned for our next event! 🎉✨ Geetansh Bamania Niharika Tapuriah Dhruv Wahal Aishwariya Chattoraj Pratik Khatanhar Hitesh Bhandari Daksh Dev Mukul Kathuria Shivendu Ojha Rajdeep Singh Prithvi Manjunath Soumya Deep Saha