IPO-Bound RentoMojo Raises ₹376 Crore From Anchor Investors

Furniture and appliance rental platform RentoMojo has successfully secured ₹376 crore from anchor investors ahead of its initial public offering. The bidding for the much-anticipated public issue is scheduled to commence on September 9. Market participants are closely watching the upcoming offering to gauge strong investor appetite within the burgeoning consumer rental and tech-enabled retail logistics sector across the country.