Venture Catalysts++ partially exits Rentomojo at 3.43x MOIC as IPO faces NCLT challenge
Venture Catalysts++ booked a 3.43x return (20.27% XIRR) via secondary sale in D2C furniture-and-appliance rental platform Rentomojo. The company's FY25 revenue rose 38% to Rs 266 cr with profit up 92%, but co-founder Ajay Nain has moved NCLT to halt the proposed IPO.
Venture Catalysts++ partially exited D2C furniture and appliance rental platform Rentomojo at 3.43x MOIC via secondary. Rentomojo's FY25 revenue rose 38% to Rs 266 cr; profit up 92%. Co-founder Ajay Nain has moved NCLT to halt the proposed IPO.