Bengaluru-based home rental startup NestAway has acquired residential rental management company Zenify, run by parent company City Synapse Information Pvt. Ltd for an undisclosed amount. Post acquisition, Zenify will continue to operate as a separate entity. With this acquisition, NestAway, in ad…
Tag: RentoMojo
Planning a New Year party? These start-ups will help you out
New Year is around the corner and to add more cheers this time it’s falling on a weekend. While most of the people love to go out for a party, many love the idea of planning a house party as it’s more comfortable and pocket-friendly too. Given today’s fast moving life and busy schedules, people […
7 Indian start-ups to join Google Launchpad Accelerator prog
Tech giant Google said it has selected seven startups from India that will join the third class of its Launchpad Accelerator programme. The shortlisted startups from India include an on-demand wardrobe rentals service (Flyrobe), furniture and appliances rental service (RentoMojo) and tutor help …
InnoVen Capital lends $20 mn to Indian start-ups in Q2
Temasek-backed venture debt firm InnoVen Capital has increased its lending to Indian startups by USD 8 million in second quarter of FY17. The company funded deals worth 15 deals worth USD 20 million compared to USD 12 million in the previous quarter. Between July and September this year, InnoVen …
RentoMojo receives $5 mn funding from Accel, IDG Ventures
Online rental solutions company RentoMojo has raised funds of $5 million in a first strategic round (Series A) from IDG Ventures and Accel Partners. The funds raised will be used to further strengthen the product and data driven structure within the company, it said in a statement here on July 18…
Pepperfry ups ante with furniture at cost of pizza
Online furniture and home décor marketplace Pepperfry, which hit the 3-million shipment milestone last month, is widening its net to lure a new set of customers who choose to rent furniture instead of buying it. After studying the operating model of furniture rental firms such as Furlenco, RentoM…
Self-drive rental business startups may overtake taxi-booking apps
While the Uber and Olas of the world are busy upping their game in the $8-billion taxi-rental market, there is another parallel industry selfdrive car rentals which though nascent is growing at a fast peg. In the last one year, at least a dozen-odd startups have sprung up in the space — MiCar, Se…