About FreQuip
FreQuip is a company based in Gurugram (India) founded in 2015. FreQuip has raised $29.91 thousand across 1 funding round from investors including Venture Investments Holdings. FreQuip offers products and services including Furniture Rental, Appliance Rental, Bed Rental, Sofa Rental, and AC Rental. FreQuip operates in a competitive market with competitors including Cityfurnish, GuaRented, Voorent, Rentity and RentMacha, among others.
- Headquarter Gurugram, India
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Frequip Online Rental Solutions Private Limited
- Date of Incorporation 30 Apr, 2016
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$175.05 K (USD)1300.67as on Mar 31, 2022
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Net Profit
$3.1 K (USD)706.09as on Mar 31, 2022
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EBITDA
-$18.13 K (USD)-591.13as on Mar 31, 2022
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Total Equity Funding
$29.91 K (USD)
in 1 rounds
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Latest Funding Round
$29.91 K (USD), Seed
Oct 13, 2016
- Investors
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Employee Count
Not available
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Products & Services of FreQuip
FreQuip offers a comprehensive portfolio of products and services, including Furniture Rental, Appliance Rental, Bed Rental, Sofa Rental, and AC Rental.
Service for renting beds, sofas, and tables online
Renting of AC, TV, and refrigerators for homes
Online rental of various bed types for comfort
Renting trendy sofas for living spaces
Service for renting air conditioners seasonally
Funding Insights of FreQuip
FreQuip has successfully raised a total of $29.91K through 1 strategic funding round. The most recent funding activity was a Seed round of $29.91 thousand completed in October 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in FreQuip
FreQuip has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Venture Investments Holdings.
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Early-stage investments are targeted by the venture capital firm.
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Investor details for FreQuip
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Investments & Acquisitions by FreQuip
Investment portfolio details for FreQuip
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Financial Statements - FreQuip
Detailed financials for FreQuip
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- Historical revenue
- Profit trends
- Statement rows
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Frequip Comparisons
Peer comparison for FreQuip
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of FreQuip
FreQuip operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cityfurnish, GuaRented, Voorent, Rentity and RentMacha, among others.
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Multi-category home improvement products are rented via an online platform.
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Online service provider for rental products
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Multi-category home improvement products are rented via an online platform.
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Luxury home improvement and electronics products are rented online.
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Furniture and appliances are rented online in Mumbai.
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Detailed competitors of FreQuip
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Latest news on Frequip
Complete news archive for FreQuip
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Frequently Asked Questions about FreQuip
FreQuip was founded in 2015 and raised its 1st funding round 1 year after it was founded.
FreQuip is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
FreQuip is a funded company, having raised a total of $29.91K across 1 funding round to date.
Annual revenue of FreQuip is $175.05K as on Mar 31, 2022.
FreQuip was founded in 2015 as an online platform for renting furniture and appliances in Gurugram, India. Rentals are structured for a minimum of six months, with package options tailored to 1 BHK, 2 BHK, and 3 BHK residences. A refundable security deposit is applied based on furnishing types, while delivery and installation fees are added separately. Operations remain focused on the local market as of late 2015.
FreQuip's top competitors include Cityfurnish, GuaRented and Voorent.
FreQuip offers Furniture Rental, Appliance Rental, Bed Rental, Sofa Rental, and AC Rental.
FreQuip has 1 investor. Key investors include Venture Investments Holdings.
The valuation of FreQuip is $299.43K as of Oct 2016.