Stake sale · Commerce & Consumer Brands

Venture Catalysts++ sells part of Rentomojo stake

What they do

Rentomojo is a D2C rental platform for furniture, appliances and electronics

Venture Catalysts++ partially exited via a secondary transaction, returning ~3.4x on its 2019 investment

The partial exit shows growing depth of India's private capital markets for secondary deals

Venture Catalysts++ has announced a partial exit from Rentomojo via a secondary transaction.
The transaction was executed in January 2026.
Venture Catalysts++ first invested in Rentomojo in May 2019.
The firm remains invested in Rentomojo after the partial sale.
New investors were brought in through the secondary deal, but their names were not disclosed.
Venture Catalysts++ will continue to support Rentomojo's future growth.

The partial exit returned approximately 3.4x on invested capital, with an XIRR of 20.27%.
The deal reflects the growing depth of India's private capital markets for secondary opportunities.
Rentomojo faces a legal challenge from former director and co-founder Ajay Nain at the NCLT seeking to halt its IPO.

Rentomojo is a D2C rental and subscription platform for furniture, appliances and electronics.
It operates on a subscription-led model with recurring revenue and improving unit economics.
Its target customers are millennials and young professionals in urban India who prefer flexibility over ownership.
The company has expanded across key metropolitan markets in India.
In FY25, its revenue from operations was ₹266 crore, up 38% from ₹193 crore in FY24.
Its profit surged 92% year-on-year in FY25.

Venture Catalysts++ (seller) — India's first multi-stage VC firm, founded by Apoorva Ranjan Sharma.