Online rental company RentoMojo has appointed ex-InMobi executive Khushboo Gupta as vice president of product management as the company stated.
Khushboo Gupta will be working to build all products in a scalable fashion to expand beyond the current asset classes. She’ll be looking on Rentmojo will reach out to maximum people. By handling strategic initiatives and decisions, she will be responsible for creating successful product roadmaps for the organization.
Commenting on the appointment Geetansh Bamania, CEO & Founder, RentoMojo, said,
“Khushboo’s proven experience in bringing industry-leading products from concept to production will allow RentoMojo continue to rapidly expand its product inventory. Her vision on delivering best-in-class customer experiences combined with in depth expertise in strategy will be of significant value to the company. We believe Khushboo will do justice to her position and her esteemed contribution will help in reaching various milestones for the company.”
Rentomojo was founded in November 2014 by IIT Madras graduates Geetansh Bamania and Ajay Nain. It operates in Bangalore, Mumbai, Delhi-NCR and Pune. In November 2015, it raised $2 million in pre-Series A funding from Accel Partners and IDG Ventures India.
Similarly, in the online furniture rental segment, Furlenco has raised $15 million (Rs 100 crore) in its Series B round of funding led by existing investor Lightbox Ventures along with Axis Capital Partners, a Hong Kong-based venture capital fund recently.