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Accel-backed Rentomojo recovers from pandemic slump as FY24 revenue, profit jump

TMT

14 October, 2024

Accel-backed Rentomojo recovers from pandemic slump as FY24 revenue, profit jump

Bengaluru-based furniture rental startup Rentomojo, which posted a drop in sales for two years in a row during the peak ......

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Grapevine: TPG-backed OneSource eyes funding; Nomura, Mizuho lead race for Avendus

General

26 September, 2024

Grapevine: TPG-backed OneSource eyes funding; Nomura, Mizuho lead race for Avendus

OneSource, a specialty pharma contract development and manufacturing firm backed by TPG Growth, is in talks with investors, including White Oak ......

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Deals Digest: Weekly volume drops but total value jumps on large PE transaction

General

26 April, 2024

Deals Digest: Weekly volume drops but total value jumps on large PE transaction

A large transaction in the healthcare sector and a couple of mid-sized transactions boosted the total value of private equity ......

PE firm ValueQuest invests in furniture rental platform

TMT

19 April, 2024

PE firm ValueQuest invests in furniture rental platform

ValueQuest, a mid-market private equity fund focusing on growth to late-stage investments, has picked a stake in furniture and appliances ......

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Deals Digest: Momentum continues to be subdued in absence of large-ticket deals

General

23 February, 2024

Deals Digest: Momentum continues to be subdued in absence of large-ticket deals

Capital raised by private equity (PE) and venture capital (VC)-backed companies slid further for a second consecutive week marred by ......

Edelweiss PE fund leads $25.3-mn funding in Rentomojo

TMT

21 February, 2024

Edelweiss PE fund leads $25.3-mn funding in Rentomojo

Bengaluru-based furniture rental startup Rentomojo has raised Rs 210 crore ($25.3 million) led by Edelweiss Financial Services’ private equity fund ......

Rentomojo raises $1.3 mn in latest tranche of Series C funding round

TMT

15 March, 2021

Rentomojo raises $1.3 mn in latest tranche of Series C funding round

Bengaluru-based Edunetwork, which runs online furniture rental platform Rentomojo, has raised Rs 10 crore ($1.3 million as per current exchange rates) in a ......

Furniture rental startup Furlenco gets debt funding from BlackSoil Capital

TMT

21 January, 2021

Furniture rental startup Furlenco gets debt funding from BlackSoil Capital

Online furniture rental startup Furlenco, which is run by Bengaluru-based Kieraya Furnishing Solutions Pvt. Ltd, has raised Rs 20 crore ......

RentoMojo enters $100-mn valuation club with fresh VC funding

TMT

14 May, 2020

RentoMojo enters $100-mn valuation club with fresh VC funding

Online rental marketplace Rentomojo has touched a valuation of nearly $100 million after raising fresh funding from venture capital investors. The ......

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Exclusive: Samwer brothers set for India return via VC arm to back Cityfurnish

Infrastructure

24 May, 2019

Exclusive: Samwer brothers set for India return via VC arm to back Cityfurnish

Rocket Internet, the German venture capital firm-cum-startup incubator that had stopped making fresh investments in India, is set to strike ......