Furniture and consumer durables rental start-up RentoMojo has raised $10 million in series B funding from private equity investor Bain Capital Ventures and fintech entrepreneur Renaud Laplanche, the company said on Tuesday.
Existing investors Accel Partners and IDG Ventures contributed 20-30% of the fund and have increased their share in the firm, RentoMojo chief executive Geetansh Bamania said. Accel Partners and IDG Ventures had earlier invested $7 million over two rounds.
