In its ambitious IPO initiative, Rentomojo targets a valuation of ₹4,246 crore, while securing ₹150 crore in fresh funding. Additionally, existing investors plan to divest shares valued at ₹1,106 crore through an offer for sale. Impressively, the startup reported a 142% jump in net profit, which reached ₹104.3 crore in FY26. Mark your calendars, as the IPO launches on September 9.
Jio leverage play pops up at SBI as India brokers lure IPO bets
SBI Securities has launched an exciting financing option for the highly anticipated IPO of Jio Platforms Ltd. Investors can secure up to 60% funding for