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 as of March 31, 2020. GrabonRent operates in a competitive market with competitors including Rentickle, Rentongo, SabRentKaro, Rentomo and WhatsOnRent, among others.
- Headquarter Bengaluru, India
- Employees 44 as on 31 Mar, 2020
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Grabonrent Internet Private Limited
- Date of Incorporation 12 Sep, 2015
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$1.38 M (USD)-15.52as on Mar 31, 2020
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Net Profit
$-1.05 M (USD)-4.93as on Mar 31, 2020
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EBITDA
$-311.4 K (USD)77.16as on Mar 31, 2020
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Total Equity Funding
$5.8 M (USD)
in 4 rounds
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Latest Funding Round
$331.76 K (USD), Series A
May 06, 2019
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Investors
IvyCap Ventures
& 10 more
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Employee Count
44
as on Mar 31, 2020
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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 Total Funding
- Total Rounds 4
- Last Round Series A — $331,764
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First Round
First Round
(06 Jun 2016)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Series A - GrabonRent | Valuation | IvyCap Ventures Advisors | |
| Dec, 2017 | Amount | Series A - GrabonRent | Valuation | IvyCap Ventures Advisors | |
| Mar, 2017 | Amount | Series A - GrabonRent | Valuation | IvyCap Ventures Advisors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in startups from leading Indian institutions across various sectors.
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Founded Year | Domain | Location | |
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Venture capital firm offering seed funding and support to startups in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by GrabonRent
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - GrabonRent
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Grabonrent Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Furniture and home appliances are rented via an online portal.
|
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| domain | founded_year | HQ Location |
Rentongo is a digital marketplace for renting various goods.
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| domain | founded_year | HQ Location |
Online horizontal marketplace for rentals
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| domain | founded_year | HQ Location |
Serves as a platform for renting products within users' trusted networks.
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| domain | founded_year | HQ Location |
Functions as an online platform for renting a variety of products conveniently.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Grabonrent
Frequently Asked Questions about GrabonRent
When was GrabonRent founded?
GrabonRent was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is GrabonRent located?
GrabonRent is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is GrabonRent a funded company?
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 Series A of $2.82M, raised on Jun 06, 2016.
How many employees does GrabonRent have?
As of Mar 31, 2020, the latest employee count at GrabonRent is 44.
What is the annual revenue of GrabonRent?
Annual revenue of GrabonRent is $1.38M as on Mar 31, 2020.
What does GrabonRent do?
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.
Who are the top competitors of GrabonRent?
Who are GrabonRent's investors?
GrabonRent has 11 investors. Key investors include IvyCap Ventures, Unicorn India Ventures, Pivotal Tracker, Pivotal Enterprises, and Durgahomes.
What is GrabonRent's valuation?
The valuation of GrabonRent is $6.1M as of May 2019.