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SEBI approved Rentomojo's IPO over three months after the furniture rental startup filed draft papers. The IPO includes a fresh issue of shares worth ₹150 crore and an offer for sale of up to 2.84 crore shares by investors including Accel, Chiratae, Edelweiss Mutual Fund, and GMO Venture. Cofounder Geetansh Bamania will sell up to 20.07 lakh shares.
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