With the cut in discretionary spending amid job losses triggered by the West Asia, the furniture and appliance rental platform Rentomojo expects strong demand as consumers defer high-value purchases such as furniture and appliances and adopt flexible rental solutions during uncertain times.
Job mobility and urban migration rise during uncertainty and strong economic growth. This usually drives demand from customers setting up temporary homes in new cities. Rentomojo operates an 11-touchpoint consumer lifecycle model with 227,511 live subscribers as of H1 FY’26.
As global markets grapple with geopolitical tensions, India’s rental home furniture and appliances market is expected to grow at a CAGR of about 11 per cent to reach about ₹1.17 lakh crore by CY2030, according to industry study by Redseer.
Rentomojo reported net profits for the fourth straight year since FY23. The company’s net profit jumped to ₹61 crore in H1 FY’26 against ₹43 crore in FY25.
Revenue increased to ₹177 crore in H1 FY’26 against ₹266 crore in FY25. The company had revenue CAGR of 49 per cent between FY23 and FY25.
Other leading players in this market include AVA Lifestyle Products & Services, CityFurnish India, House of Kieraya, Livpure Smart Homes and Waterwala Labs.
The Rentomojo platform converts large upfront purchases into affordable, recurring subscriptions, creating stable revenue visibility and strong unit economics.
With a presence across 22 cities with 21 warehouses, the company had 444,486 sqft warehousing space as of H1 FY’26. The company has over 1.2 million touchpoints reflecting operational scale and 853,836 touchpoints in H1 FY26. It had 67 retail stores as of H1FY26.