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Inc42

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RentoMojo FY24: Profit Jumps 3X To INR 22 Cr, Operating Revenue Inches Closer To INR 200 Cr

  • RentoMojo's operating revenue reached INR 193 Cr in FY24, a 60% YoY increase.
  • The company posted a profit of INR 22 Cr in FY24, a more than 3x jump from the previous year.
  • RentoMojo's EBITDA grew 142% YoY to INR 66 Cr, driven by increased operational efficiency through automation.
  • The online furniture rental startup aims to go public within the next 18 months.

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