Furniture rental firm Rentomojo said it has raised Rs 145 crore as people start coming back to cities and offices open up.
The furniture leasing platform raises the new round as a mix of debt and equity, and expects revenue to grow by 20-35 percent by the end of this year.
The new fundraise is a mix of debt and equity. While Rs 130 crore is debt, the remaining Rs 15 crore is equity raised from existing investors including Accel and Bain Capital, Geetansh Bamania, Founder, Rentomojo, told YourStory in an interaction. The founder did not disclose the name of the firm they raised debt from.
