🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Rentomojo plans IPO in two years as revenues surge, profitability strengthens

Livemint

Livemint · 1m ago

Rentomojo plans IPO in two years as revenues surge, profitability strengthens

Rentomojo, a furniture and appliance rental startup based in Bengaluru, is planning to go public by fiscal year 2027. This move aims to make it the first Indian company in its sector to pursue an IPO. To support its pre-IPO efforts, Rentomojo plans to raise new funding and appoint independent directors. Founder Geetansh Bamania is transitioning his role towards preparing for the company's potential public listing.

1

Related News

Accel-backed Rentomojo recovers from pandemic slump as FY24 revenue, profit jump

VCCircle

VCCircle · 9m ago

Accel-backed Rentomojo recovers from pandemic slump as FY24 revenue, profit jump

Rentomojo, a Bengaluru-based furniture rental startup, has experienced a significant recovery from the pandemic slump. After facing a drop in sales for two consecutive years during the COVID-19 pandemic, the company has bounced back to achieve its highest-ever sales in the last financial year. This recovery is attributed to the increasing demand as people started returning to their offices. Rentomojo also secured funding from Accel.

On track for full-year profitability, IPO still 18-24 months away: BharatPe CEO

Economic Times

Economic Times · 6m ago

On track for full-year profitability, IPO still 18-24 months away: BharatPe CEO

BharatPe aims to become a full-stack financial services platform, launching mutual funds and insurance. It achieved Ebitda profitability in October and targets full-year profitability by FY25. The IPO is planned for 18-24 months. Current revenues come from merchant services, with plans to expand consumer offerings, including a cobranded credit card. BharatPe is slowing loan disbursements to curb losses and plans to reduce its stake in Unity Small Finance Bank while preparing for an eventual IPO.

Cred in talks to raise new funds as valuation slips by over 30% to $4 billion : sources

Economic Times

Economic Times · 3m ago

Cred in talks to raise new funds as valuation slips by over 30% to $4 billion : sources

Cred, a credit card payment platform, is in talks to raise $100-200 million from existing investors, led by Singapore's GIC. The startup's valuation is expected to be around $4 billion, down from $6.4 billion three years ago. The funding aims to support improved financial performance and reduced cash burn. As Cred plans an IPO in two years, it has focused on cost-cutting and profitability, amidst a general valuation reset in the tech sector.

Coworking IPO boom: Can India's flexi-office giants turn profitable?

Livemint

Livemint · 11d ago

Coworking IPO boom: Can India's flexi-office giants turn profitable?

Coworking spaces in India, like Smartworks and Awfis, are experiencing a surge in IPO activity, seeking profitability amidst expansion. Smartworks listed in July 2025, following Awfis’s successful May 2024 IPO, which saw a 60% gain from its issue price. IndiQube plans to list soon, while WeWork India is anticipated to go public in August. These developments highlight the sector’s growing appeal as companies evolve post-pandemic.

ETtech State of Startups survey predicts revival in private funding, more IPOs in 2025

Economic Times

Economic Times · 7m ago

ETtech State of Startups survey predicts revival in private funding, more IPOs in 2025

Indian startups are anticipating a revival in private funding and increased IPO activity by 2025, according to ETtech's State of Startups survey. Around 60% of respondents expect more private financing, while over 70% foresee a surge in tech IPOs. The positive outlook follows two years of subdued market conditions. Startups are focusing on profitability and efficiency, with many seeking IPOs to escape constant funding rounds. Corporate governance is also a major focus for sustaining investor trust.

Ather Energy Vs Ola Electric: A Battle Of Business Models And Positioning

Inc42 · 10m ago

Ather Energy Vs Ola Electric: A Battle Of Business Models And Positioning

- Ola Electric has control over the supply chain, allowing for optimization of production costs and improved margins. - Ather Energy is perceived as a premium electric two-wheeler brand with technically advanced and unique products. - Ola Electric operates its own showrooms and service centers, providing customers with a complete in-house experience that strengthens brand control. - Ather Energy needs to improve its positioning to charge a premium price from customers and justify its valuation in the IPO. - The market cap of Ola Electric has decreased significantly compared to its listing valuation, raising concerns about profitability and long-term breakeven.

CarTrade's profits surge on low base, revenue grows marginally by 5%

Money Control

Money Control · 1y ago

CarTrade's profits surge on low base, revenue grows marginally by 5%

CarTrade's profits surge due to a low base effect, while revenue sees a marginal 5% growth. The company's financial results show an increase in profitability driven by the comparison with a previous low base. However, the modest revenue growth indicates challenges in achieving substantial expansion. The surge in profit came even as CarTrade’s revenues increased marginally by about 5 percent to Rs 86.1 crore in the June quarter, up from Rs 82.7 crore in the same period last year.

Ather Energy lists losses since inception, negative cash flows as key risks to IPO

Economic Times

Economic Times · 3m ago

Ather Energy lists losses since inception, negative cash flows as key risks to IPO

Ather Energy is set to launch its IPO despite financial challenges, including consistent losses and negative cash flows since its inception in 2013. The company reported stagnant revenue and ongoing losses in fiscal years 2022-2024. Ather's market share in the competitive electric two-wheeler space trails behind major players, with only 10.7% as of December 2024. The company plans to expand manufacturing and distribution to enhance profitability and mitigate risks associated with its concentrated regional sales in southern India.

RentoMojo extends profit run as valuation woes persist

Inshorts · 3m ago

RentoMojo extends profit run as valuation woes persist

Furniture rental platform RentoMojo expects to close FY25 with gross rental revenues of over ₹315 crore ($36.8 million) and a net profit of ₹40 crore ($4.68 million). As of December 2024, its contractual income based on gross rentals stood at ₹600 crore ($70.2 million). The 11-year-old company has been profitable since fiscal year 2022.

Ola Electric: Rapid acceleration, but a journey paved with roadblocks

Livemint

Livemint · 1y ago

Ola Electric: Rapid acceleration, but a journey paved with roadblocks

Ola Electric, India's first purely electric vehicle manufacturer to file for an IPO, dominates the electric two-wheeler market with a 32.6% share. In fiscal year 2022-23, Ola Electric reported a seven-fold surge in volumes, selling over 156,000 scooters. However, the company is looking to raise ₹5,500 crore in its IPO, targeting a steep valuation of $7-8 billion. Challenges in employee attrition, reduced subsidies, inadequate charging infrastructure, and competition from auto giants pose potential obstacles to its growth. Ola Electric has already slashed its sales goals and delayed its profitability target, raising concerns about its lofty valuations.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Download the medial app to read full posts, comements and news.