Furniture and appliances rental startup Rentomojo delivered a robust financial performance in FY25, reporting a 38% year-on-year increase in revenue and a 92% rise in profit, reflecting the strength of its subscription-led business model and disciplined execution.

Revenue from operations grew to Rs 266 crore in FY25, up from Rs 193 crore in FY24, driven by higher subscriber additions, improved asset utilisation, and tighter cost controls. The company’s net rental revenue recorded a CAGR of 48.24% between FY23 and FY25, underscoring sustained momentum.

Founded in 2014, Rentomojo enables consumers to rent furniture, appliances, and newer categories such as water purifiers. The company currently serves over 2.2 lakh live subscribers, manages more than 7.7 lakh rental assets, and operates across 23 cities through 71 experience stores.

EBITDA rose to Rs 118.41 crore in FY25 from Rs 78.23 crore in FY24, while return on capital employed stood at 25.1%, supported by investments in refurbishment, automation, and capital efficiency. Rentomojo’s circular economy-driven model, focused on reuse and sustainability, has enhanced long-term resilience.

Founder and CEO Geetansh Bamania attributed the performance to a refurbishment-led, subscription-first approach delivering consistent profitability. To date, Rentomojo has raised over Rs 650 crore, with investors including Accel, Chiratae Ventures, Bain Capital, and Edelweiss.