TechCrunch rental start-up Rentmojo has successfully raised $5m in a Series B funding round to expand its service, which offers urban living essentials for rental. The fundraising was led by Bain Capital Ventures , and saw contributions from Rentmojo founder Renaud Laplanche , as well as Accel and IDG . Rentmojo raised $5m one year ago , with the company extending its service from home appliance and furniture rental to include motorbikes. The start-up’s aim is to provide Bangalore ’s roaming workforce with home essentials, without having to pay each time they move.
Indian rental start-up Rentmojo has successfully raised $10m in a Series B funding round to expand its service, which offers urban living essentials for rental. The fundraising was led by Bain Capital Ventures, and saw contributions from Lending Club founder Renaud Laplanche, as well as Accel and IDG. Rentmojo raised $5m one year ago, with the company extending its service from home appliance and furniture rental to include motorbikes. The start-up’s aim is to provide India’s roaming workforce with home essentials, without having to pay each time they move.