Venture Catalysts++ books 3.4x partial exit from Rentomojo as IPO faces NCLT challenge
VC firm Venture Catalysts++ partially exited furniture and appliance rental platform Rentomojo via secondary, clocking 3.43x MOIC and 20.27% XIRR. Rentomojo's FY25 revenue grew 38% YoY to Rs 266 crore with profit up 92%, though co-founder Ajay Nain has petitioned NCLT to block the planned IPO.
Venture Catalysts++ partially exited D2C furniture and appliance rental platform Rentomojo at a 3.43x return via secondary transaction. Rentomojo's FY25 revenue rose 38% to Rs 266 crore, though co-founder Ajay Nain has petitioned NCLT to halt its planned IPO.