Venture Catalysts earns 3.4x return from partial exit in Rentomojo

Apoorva Ranjan Sharma, Founding father of Venture Catalysts

Venture Catalysts++, India’s first multi-stage enterprise capital agency, at the moment introduced a partial exit from furnishings and equipment rental platform Rentomojo, delivering an approximate 3.4x return on its invested capital.

The secondary transaction supplies liquidity for Venture Catalysts whereas permitting Rentomojo to take care of its development trajectory alongside long-term buyers. This transaction highlights the rising depth of India’s non-public capital markets, the place structured secondary alternatives more and more enable early-stage buyers to understand worth with out disrupting firm momentum.

Venture Catalysts first invested in Rentomojo in 2019, figuring out early shifts towards subscription-led consumption amongst millennials and younger professionals in city India. Since then, Rentomojo has established itself as a class chief, constructing a scalable subscription mannequin supported by recurring income, enhancing unit economics, and operational self-discipline throughout key metropolitan markets.

Apoorva Ranjan Sharma, Founding father of Venture Catalysts, commented, “Our 2019 funding in Rentomojo was pushed by a powerful conviction in access-based consumption. The staff has demonstrated constant execution, constructing a resilient enterprise with strong fundamentals. This partial exit permits us to ship significant returns to our buyers whereas remaining invested in Rentomojo’s future as they develop their market presence.”

Venture Catalysts will retain a partial stake in Rentomojo, persevering with to assist the corporate’s long-term development and market enlargement.

Revealed on June 9, 2026