StartupsVCCircleabout 23 hours ago
Rentomojo IPO Subscribed 2.82X on Day Two
1 min read
Rentomojo's ₹1,256 crore IPO was subscribed 2.82 times by midday on the second day of bidding, following a 1.42 times subscription on day one. The furniture and appliance rental startup, founded in 2014 by Geetansh Bamania and Ajay Nain, is seeking a valuation of up to $445 million at the ₹384-₹404 price band.
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