About GuaRented
GuaRented is a company based in Bengaluru (India) founded in 2015 by Abhimanyu Dikshit, Prateek Agrawal, and Harshwardhan Raikwar. GuaRented has raised $887.99 thousand across 3 funding rounds from investors including Mumbai Angels, Wellfound and Sharrp Ventures. The company has 38 employees as of April 30, 2023. GuaRented offers products and services including Furniture Rental, Appliances Rental, and Combos Rental. GuaRented operates in a competitive market with competitors including Cityfurnish, FreQuip, Voorent, Voko and Fairent, among others.
- Headquarter Bengaluru, India
- Employees 38 as on 30 Apr, 2023
- Founders Abhimanyu Dikshit, Prateek Agrawal, Harshwardhan Raikwar
- Stage Minicorn
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Annual Revenue
$1.39 M (USD)-38as on Mar 31, 2024
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Net Profit
-$1.55 K (USD)-100as on Mar 31, 2024
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EBITDA
$20.27 K (USD)-97as on Mar 31, 2024
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Total Equity Funding
$887.99 K (USD)
in 3 rounds
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Latest Funding Round
$382.82 K (USD), Seed
Dec 15, 2018
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Investors
Mumbai Angels
& 41 more
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Employee Count
38
as on Apr 30, 2023
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Products & Services of GuaRented
GuaRented offers a comprehensive portfolio of products and services, including Furniture Rental, Appliances Rental, and Combos Rental.
Service for renting furniture with flexible terms and maintenance support.
Renting home appliances with free installation and repair services.
Packages for combined furniture and appliances with affordable options.
People of GuaRented
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Funding Insights of GuaRented
GuaRented has successfully raised a total of $887.99K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $382.82 thousand completed in December 2018. 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 GuaRented
GuaRented has secured backing from 42 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include Mumbai Angels, Wellfound and Sharrp Ventures.
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Investment office backing consumer sector companies in India.
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Early-stage startups are funded by Gopinath Developers venture capital.
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Investor details for GuaRented
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Investments & Acquisitions by GuaRented
Investment portfolio details for GuaRented
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Financial Statements - GuaRented
Detailed financials for GuaRented
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Guarented Comparisons
Peer comparison for GuaRented
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Competitors of GuaRented
GuaRented 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, FreQuip, Voorent, Voko and Fairent, among others.
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Multi-category home improvement products are rented via an online platform.
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Home furnishings are rented online for minimum six-month terms.
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Multi-category home improvement products are rented via an online platform.
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Furniture and home appliances are rented online through Voko.
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Multi-category products are rented through an online platform.
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Detailed competitors of GuaRented
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Latest news on Guarented
Complete news archive for GuaRented
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Frequently Asked Questions about GuaRented
GuaRented was founded in 2015 and raised its 1st funding round 1 year after it was founded.
GuaRented is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
GuaRented is a funded company, having raised a total of $887.99K across 3 funding rounds to date.
As of Apr 30, 2023, the latest employee count at GuaRented is 38.
Annual revenue of GuaRented is $1.39M as on Mar 31, 2024.
Founded in 2015 in Bengaluru, India, GuaRented operates in the appliance rental sector as an online platform. Leasing options for items such as TVs, washing machines, refrigerators, and microwaves are offered to customers. Free shipping, installation, and repair services are provided, while quality checks are performed on all products prior to rental.
GuaRented's top competitors include Cityfurnish, Voorent and FreQuip.
GuaRented offers Furniture Rental, Appliances Rental, and Combos Rental.
GuaRented has 42 investors. Key investors include Mumbai Angels, Wellfound, Sharrp Ventures, Renaissance Holdings, and Kstart.
The valuation of GuaRented is $4.93M as of Dec 2018.