Rentomojo Renames Parent Entity to Edunetwork Private Limited Ahead of IPO

Bengaluru-based furniture and appliances rental startup Rentomojo has received board approval to rename its registered entity from Edunetwork Private Limited to Rentomojo Private Limited ahead of its initial public offering (IPO), according to filings with the Registrar of Companies (RoC).

Following the board meeting, Rentomojo has applied to the Ministry of Corporate Affairs for approval to change its name.

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“The proposed name change is aimed at aligning the company's identity with its current line of business,” the company stated in the RoC filing, adding, “The existing name may give the misleading impression that the company is engaged in the edtech sector, which does not accurately represent its operations.”

The name change comes ahead of RentoMojo’s IPO plans. The startup has appointed IIFL and Motilal Oswal as investment bankers and is targeting a public listing in FY27.

About RentoMojo 

Founded in 2014 by Bamania and Ajay Nain, RentoMojo rents furniture, consumer appliances, and home furnishing products through its app and website.
 
The startup claims over 2.2 lakh active subscribers and has delivered more than 7.5 lakh items to customers. Operating for 10 years, it runs 65 physical stores across 22 cities in India.

On the financial side, RentoMojo became profitable in FY23 and has continued to strengthen its bottom line. In FY25, the company reported a net profit of ₹40 crore, up 82% from ₹22 crore in the previous year. Its operating revenue grew 40%, rising to ₹270 crore from ₹193 crore in FY24.

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