According to reports from NDTV Profit, Rentomojo plans to raise some debt as it looks to support its operation-heavy business model. CEO Geetansh Bamania stated that the company will need to go outside and raise some debt to sustain its current operations. The funding strategy reflects the company's focus on maintaining operational capacity while managing its asset-intensive business model, with the company remaining heavily focused on execution and asset management as it scales operations. In FY26, the company purchased ₹175 crore worth of inventory altogether, as reported by Bamania, which means "every year we have to go outside and raise a bunch of debt and manage that break even consumption."
As reported by NDTV Profit, Bamania emphasized that Rentomojo does not want to operate at either a very high or very low occupancy rate, with 80-83% being the level it aims to maintain. The CEO acknowledged that there is an occupancy risk in the company's business, stating that the company is focused on finding the right balance rather than maximizing occupancy. This strategic approach reflects the company's operational efficiency goals and risk management philosophy, with the company maintaining occupancy levels in the 80%-83% range to balance utilisation and inventory availability.
According to the CEO's statements to NDTV Profit, Rentomojo currently operates as an operation-heavy company with around 11 touchpoints available for consumers. The company maintains a significant refurbishing component as part of its business model, with Bamania describing refurbishing as the soul of their business. "Refurbishing is the soul of our business," Bamania said, emphasizing this operational focus on asset management and quality control forms a central part of the company's value proposition. This operational focus on asset management and quality control forms a central part of the company's value proposition, with refurbishing remaining central to Rentomojo's business model.
As reported by NDTV Profit, approximately 56-60% of Rentomojo's operations are currently generating revenue. The company's performance metrics also include an attrition rate of around 22-23%, according to Bamania's statements. These operational efficiency and employee retention figures provide insights into the company's current business dynamics and workforce management strategies, with the company's focus on execution and asset management supporting its scaling operations.
