India, Oct. 10 -- IPO-bound furniture rental startup RentoMojo's board has cleared a proposal to rename its registered entity from Edunetwork Private Limited to Rentomojo Private Limited.

The decision was taken to align RentoMojo's corporate identity with its consumer-facing brand as it prepares for its next phase of growth, the startup said in a statement.

"The earlier entity name, Edunetwerk, traces back to founder Geetansh Bamania's first entrepreneurial venture in the edtech space, which eventually evolved into Rentomojo in 2014," it noted.

The name change comes in the run-up to RentoMojo's public listing bid. As of now, the startup has picked investment bankers IIFL and Motilal Oswal to helm its IPO plans. It is eyeing a public li...