India's Furniture Rental Market Still Largely Untapped, Says CEO Geetansh Bamania

India's rental economy is poised for significant expansion as consumer adoption of furniture and appliance rentals remains in its early stages, according to Rentomojo Founder, CMD and CEO Geetansh Bamania. Speaking to NDTV Profit, Bamania said the company has sustained 40-45% annual growth over the past five years, while highlighting strong demand for appliance and water purifier rentals across multiple geographies. He added that the market has ample room for new entrants, which could help boost awareness and accelerate the shift towards rental-based consumption.