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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $382,817
- First Round First Round
- Investors Count 42
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Seed - GuaRented | Valuation | Wellfound , AngelList | |
| Aug, 2016 | Amount | Seed - GuaRented | Valuation | Kalaari Capital | |
| May, 2016 | Amount | Angel Round - GuaRented | Valuation | Aneesh Reddy Boddu |
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| 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 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. 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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Investment office backing consumer sector companies in India.
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Founded Year | Domain | Location | |
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by Gopinath Developers venture capital.
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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 GuaRented
| 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 - GuaRented
| 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 |
Guarented Comparisons
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. 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 |
Multi-category home improvement products are rented via an online platform.
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| domain | founded_year | HQ Location |
Home furnishings are rented online for minimum six-month terms.
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| domain | founded_year | HQ Location |
Multi-category home improvement products are rented via an online platform.
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| domain | founded_year | HQ Location |
Furniture and home appliances are rented online through Voko.
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| domain | founded_year | HQ Location |
Multi-category products are rented through an online platform.
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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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Frequently Asked Questions about GuaRented
When was GuaRented founded?
GuaRented was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is GuaRented located?
GuaRented is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is GuaRented a funded company?
GuaRented is a funded company, having raised a total of $887.99K across 3 funding rounds to date.
How many employees does GuaRented have?
As of Apr 30, 2023, the latest employee count at GuaRented is 38.
What is the annual revenue of GuaRented?
Annual revenue of GuaRented is $1.39M as on Mar 31, 2024.
What does GuaRented do?
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.
Who are the top competitors of GuaRented?
GuaRented's top competitors include Cityfurnish, Voorent and FreQuip.
What products or services does GuaRented offer?
GuaRented offers Furniture Rental, Appliances Rental, and Combos Rental.
Who are GuaRented's investors?
GuaRented has 42 investors. Key investors include Mumbai Angels, Wellfound, Sharrp Ventures, Renaissance Holdings, and Kstart.
What is GuaRented's valuation?
The valuation of GuaRented is $4.93M as of Dec 2018.