Case Study
Rentomojo in more control of its predicted revenue with Razorpay Subscriptions.
Rentomojo in more control of its predicted revenue with Razorpay Subscriptions. RentoMojo Home Rentals Rentomojo is an online rental solution for all the furnishing needs including furnitures, furnishings, home appliances, and bikes. It caters to the younger generation of today aged between 24-35 years which moves from city to city with the mobile nature of their jobs. The online marketplace is catering to the market that sizes $7bn approximately. It currently hosts 1 lakh subscribers on its portal who are using their rental services. Rentomojo rides on the mantra ‘to own and let go things that do not make sense’. Getting customers back to portal every month is a challenge Of their lifetime customer base, 40% are locked-in with Rentomojo for a span of 2years which implies a sizeable chunk