14/08/2023
He began by renting out furniture and other furnishings from players local to Mumbai in the month of November.
In FY19, the company earned the sum of Rs. 107 crore in revenue.
He resigned from Pepperfry and founded RentoMojo on November 14, 2014. RentoMojo saw its first orders arrive within early December the same year.
For many startups, the first days are never easy. However, for every successful businessperson, behind every challenge is a business solution.
Geetansh used all his savings between 7 to 10 lakhs to purchase the initial collection of assets. In the following days, he contacted his family and friends to borrow as bank loans weren't working.
In the initial 80 subscribers, Geetansh delivered products by himself.
As of today, RentoMojo serves more than 200 live orders per month and Geetansh wants to increase the number to a million customers within the next two and a half years. The site has furniture, appliances, and electronic equipment for lease for Mumbai, Delhi, Pune, Bengaluru, Chennai, Hyderabad, Noida, and Gurugram.