Rentomojo executive says operations cash can fund inventory expansion
Rentomojo says it is generating enough cash from operations to fund the capital expenditure needed to expand its inventory, shifting from its historical reliance on external capital for growth.
BENGALURU, Sept.
4 -- Furniture rental firm Rentomojo is generating enough cash from operations to fund the capital expenditure required to expand its inventory, marking a significant shift for a business that has historically needed external capital to finance growth, the company's top executive t…