RentoMojo which is a consumer product leasing startup, has raised USD 10 million (over Rs 64 crore) from new investors Bain Capital Ventures and Renaud Laplanche.
According to a statement by Rentomojo, the series B funding also saw participation from existing investors, Accel Partners and IDG Ventures.
It further said that the funds raised will be used for further strengthening the product, finish building a stellar leadership team, and expand into new categories and geographies.