Rentomojo Targets 80%-83% Occupancy as It Eyes Debt Raise, Says CEO Geetansh Bamania

Furniture and appliance rental platform Rentomojo is looking to raise debt capital as it scales operations, with Chief Executive Officer Geetansh Bamania saying the company remains heavily focused on execution and asset management. Speaking to NDTV Profit, Bamania said refurbishing remains central to Rentomojo's business model and stressed the importance of maintaining occupancy levels in the 80%-83% range to balance utilisation and inventory availability, while acknowledging occupancy risk as a key challenge for the company.