Business

Accel-backed Rentomojo files for India IPO


Online furniture rental platform Rentomojo has filed for an initial ‌public ⁠offering ⁠in Mumbai, according to a draft prospectus dated Friday.

The company is ⁠selling new ‌shares worth up ⁠to 1.5 billion rupees ($15.85 million), while existing shareholders, including venture capital firm Accel, ‌is selling up to 28.4 million ⁠shares, the filing showed.

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