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Funding and debt● Neutral for Rentomojo
Rentomojo To Raise Debt As It Targets 80-83% Occupancy: CEO Geetansh Bamania
The brief
- Rentomojo targets 80-83% occupancy and plans to raise debt
- Currently, 56-60% of operations generate revenue
- Rentomojo’s debt-funded expansion may affect investors in the furniture-rental company