About GrabonRent
GrabonRent is a company based in Bengaluru (India) founded in 2015. It operates as a B2C. GrabonRent has raised $5.8 million across 4 funding rounds from investors including IvyCap Ventures, Unicorn India Ventures and Pivotal Tracker. The company has 44 employees. GrabonRent operates in a competitive market with competitors including Rentickle, Rentongo, SabRentKaro, Rentomo and WhatsOnRent, among others.
- Headquarter Bengaluru, India
- Employees 44
- Stage Minicorn
- SectorsRetail
- Website grabonrent.com
- Social X Facebook
- Legal Name Grabonrent Internet Private Limited
- Date of Incorporation 12 Sep, 2015
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹88.6 Lakh
FY 2024 · +8730% YoY
- Net Profit₹88.3 Lakh
FY 2024 · 100% margin
- EBITDA₹88.3 Lakh
FY 2024 · 100% margin
- Total Equity Funding$5.8M (USD)
in 4 rounds
- Latest Funding Round$331.76K (USD), Series A
May 2019
- InvestorsIvyCap Ventures
& 10 more
- Employee Count44
Associated legal entities of GrabonRent
GrabonRent operates through Grabonrent Internet Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Grabonrent Internet Private Limited CIN U74900TG2015PTC100723 | Active | 12 Sep 2015 | Hyderabad, Telangana | ₹0.9 Cr | 44 | 2 | View details |
Funding Insights of GrabonRent
GrabonRent has successfully raised a total of $5.8M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $331.76 thousand completed in May 2019. 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.
- Total Funding $5.8M
- Total Rounds 4
- Last Round Series A — $331,764
- First Round $445,350
(Jun 2016)
- Investors Count 11
All 4 funding rounds of GrabonRent with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2019 | $331,764 | Series A | $6.1M | IvyCap Ventures Advisors | |
| Dec 2017 | $2.2M | Series A | $9.52M | IvyCap Ventures Advisors | |
| Mar 2017 | $2.82M | Series A | $••••• | IvyCap Ventures Advisors | |
| Jun 2016 | $445,350 | Seed | $••••• | IvyCap Ventures Advisors |
| Date | Valuation | Stage |
|---|---|---|
| May 2019 | $6.1M | •••••••• |
| Dec 2017 | $9.52M | •••••••• |
| Mar 2017 | $••••• | •••••••• |
| Jun 2016 | $••••• | •••••••• |
Full valuation and stage history of GrabonRent
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $6.1M (May 2019). 11 investors in total: 6 institutional and 5 angel.
Investors in GrabonRent
GrabonRent has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include IvyCap Ventures, Unicorn India Ventures and Pivotal Tracker.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in startups from leading Indian institutions across various sectors. | 2011 | ivycapventures.com | Mumbai, India | |
Venture capital firm offering seed funding and support to startups in technology and innovation sectors. | 2014 | unicornivc.com | Mumbai, India | |
Private equity firm focused on multiple sectors | – | pivotalenterprises.tcc.mode | Mumbai, India | |
- | – | durgahomes.tcc.mode | - | |
- | – | inlandfinancial.tcc.mode | - | |
SaaS platform for agile project management is provided to teams. | 2006 | pivotaltracker.com | San Francisco, United States | |
MS Manish Sugandhi | Angel investor and entrepreneur, focused on tech startups in India. | – | unknown_c57df5144b32468d9 | - |
SJ Shubham Jain | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | – | unknown_5cc69be0163d46a29 | - |
NA Nikunj Agarwalla | - | – | unknown_a8a69460917047cab | - |
IB Ivor Braganza | Angel investor and tech enthusiast, ex-Amazon, focused on early-stage startups | – | unknown_fe5435efcc01453aa | - |
Investor details for GrabonRent
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Grabonrent Internet Private Limited (GrabonRent)
Grabonrent Internet Private Limited is the primary company behind GrabonRent. The board of Grabonrent Internet Private Limited currently have 2 directors; the longest-serving is Shubham Jain, appointed in 2015. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shubham Jain DIN 07132637 | Director | 12 Sep 2015 | 11 yrs | Grabonrent Internet Private Limited |
| Manish Sugandhi Shantilal DIN 06561841 | Director | 12 Sep 2015 | 11 yrs | Grabonrent Internet Private Limited |
Financials of GrabonRent
Figures of Grabonrent Internet Private Limited, the primary company behind GrabonRent, for FY 2024. Revenue was ₹88.6 Lakh (+8730% year on year). Net profit was ₹88.3 Lakh (100% margin). EBITDA was ₹88.3 Lakh (100% margin). Revenue has grown at a compounded annual rate of -39% over three years and -41% over five years.
- ₹88.6 LakhRevenue · FY 2024 · +8730% YoY
- ₹88.3 LakhNet profit · 100% margin
- ₹88.3 LakhEBITDA · 100% margin
- ₹2.6 LakhPaid-up capital
- 44Employees (provident fund records)
- -39%Revenue CAGR, 3 years
- -41%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Grabonrent Internet Private Limited are on its company page.
Detailed financial statements for GrabonRent
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of GrabonRent
4 dated milestones of GrabonRent across 4 years, from founding to its latest funding, stage changes and deals.
- Founded GrabonRent is founded.
- Funding First funding round of $445K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $332K.
Competitors of GrabonRent
GrabonRent 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 Rentickle, Rentongo, SabRentKaro, Rentomo and WhatsOnRent, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rentickle.com | 2015 | Delhi, India | $3.7M | 66 | Furniture and home appliances are rented via an online portal. | |
| rentongo.com | 2012 | Bengaluru, India | $400,725 | – | Rentongo is a digital marketplace for renting various goods. | |
| sabrentkaro.com | 2015 | Hyderabad, India | $439,354 | 1 | Online horizontal marketplace for rentals | |
| rentomo.com | 2015 | Bengaluru, India | $100,000 | – | Serves as a platform for renting products within users' trusted networks. | |
| whatsonrent.com | 2014 | Bengaluru, India | – | – | Functions as an online platform for renting a variety of products conveniently. | |
| rentospot.com | 2018 | Kozhikode, India | – | – | Operates an online rental marketplace for a wide range of consumer products. | |
| rentalitnow.com | 2021 | Bengaluru, India | – | – | Operates an online peer-to-peer rental platform for various product categories. | |
| mutterfly.in | 2015 | Mumbai, India | – | – | Operates a horizontal peer-to-peer online platform for renting various items. | |
| jugaadle.com | 2022 | Indore, India | – | – | Jugaadle operates an online platform for renting multi-category products. |
Detailed competitors of GrabonRent
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Grabonrent
Complete news archive for GrabonRent
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to GrabonRent
10 companies that operate in the same segment as GrabonRent (Customized, Niche & Rental E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Rentongo is a digital marketplace for renting various goods. | 2012 | Bengaluru, Karnataka, India | USD 400.73 K | USD 87.39 K | – | |
Delivers web development, mobile apps, and digital marketing solutions to businesses worldwide. | 2009 | Kolkata, West Bengal, India | – | USD 3.4 M | 326 | |
Offers mobile app development, web services, and IT solutions to clients globally. | 2016 | Surat, Gujarat, India | – | – | – | |
Provides custom eCommerce development, platforms, and marketing tools for businesses. | 2014 | Chennai, Tamil Nadu, India | – | – | – | |
Provides mobile app development, website creation, and software solutions for clients worldwide. | 2015 | Nagercoil, Tamil Nadu, India | – | – | – | |
Provides software development, ecommerce, and cloud services to businesses worldwide. | 1997 | Mumbai, Maharashtra, India | – | – | – | |
Provides mobile app, web development, and digital marketing services globally. | 2012 | Delhi, Delhi, India | – | USD 99.88 K | – | |
Online platform for graphic design contests, hiring designers, and AI tools. | 2012 | Delhi, Delhi, India | – | USD 1.86 M | – | |
Provides web development, mobile apps, and consulting services for businesses. | 2012 | Ahmedabad, Gujarat, India | – | USD 1.57 M | 7 | |
Online platform for buying customized VIP and fancy mobile numbers. | 2014 | Thane, Maharashtra, India | – | – | – |
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Frequently Asked Questions about GrabonRent
GrabonRent was founded in 2015 and raised its 1st funding round 1 year after it was founded.
GrabonRent is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
GrabonRent is a funded company, having raised a total of $5.8M across 4 funding rounds to date. The company's 1st funding round was a Seed of $445.35K, raised on Jun 2016.
GrabonRent has 44 employees.
The primary company behind GrabonRent, Grabonrent Internet Private Limited, reported revenue of ₹88.6 Lakh for FY 2024, up 8730% year on year.
GrabonRent, established in 2015, excels in operating online marketplaces, providing rental services, marketplaces, and product rentals. Functions as an online marketplace for renting multi-category products. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
GrabonRent has 11 investors. Key investors include IvyCap Ventures, Unicorn India Ventures, Pivotal Tracker, Pivotal Enterprises, and Durgahomes.
The valuation of GrabonRent is $6.1M as of May 2019.
GrabonRent operates through Grabonrent Internet Private Limited.
The legal entities of GrabonRent currently have 2 directors, including Shubham Jain, Manish Sugandhi Shantilal.