New Delhi, 9 June 2026: Venture Catalysts++, India’s 1st Multi-Stage VC, has announced a partial exit from Rentomojo, delivering an approximate 3.4x return on invested capital.
The secondary transaction enabled liquidity for Venture Catalysts while allowing the company to continue its growth trajectory with aligned long-term investors. The development reflects the increasing depth of India’s private capital markets, where structured secondary opportunities are creating pathways for early investors to realize value without disrupting company momentum.
Venture Catalysts first invested in Rentomojo in 2019, backing the company at a time when the shift toward access-led consumption in urban India was still emerging. The firm identified early signals of changing consumer behavior, particularly among millennials and young professionals seeking flexibility over ownership across categories such as furniture and appliances.
Since then, Rentomojo has evolved into a category leader, building a scalable, subscription-led business model anchored in recurring revenue, improving unit economics, and disciplined operations. The company has expanded across key metropolitan markets, strengthening its position within the furniture and appliance rental ecosystem.
This partial exit underscores Venture Catalysts’ strategy of identifying category-defining businesses early and supporting them through scale until liquidity opportunities emerge. It also reflects the firm’s continued focus on translating long-term value creation into realized outcomes for its investors.
Apoorva Ranjan Sharma, Founder, Venture Catalysts, said, “Our investment in Rentomojo was driven by a strong conviction in the long-term shift toward access-based consumption. The company has demonstrated consistent execution, building a scalable and resilient business with improving fundamentals. This partial exit allows us to generate meaningful returns while continuing to remain invested in the company’s future growth. We see significant headroom for Rentomojo as it deepens category leadership and expands its market presence.”
Venture Catalysts will continue to support Rentomojo as it strengthens its leadership in the category and expands its footprint. The firm remains focused on backing high-potential businesses early, with an emphasis on scalable models, strong unit economics, and clear pathways to liquidity.
