About Rent It BAE
Rent It BAE is a company based in Delhi (India) founded in 2016 by Aanchal Saini, Jaspreet Singh Gujral, and Karan Gujral.. Rent It BAE has raised $1.57 million across 3 funding rounds from investors including Aditya Gupta and Gagan Sharma. Rent It BAE has completed 1 acquisition, including FlyRobe.
- Headquarter Delhi, India
- Founders Aanchal Saini, Jaspreet Singh Gujral, Karan Gujral
- Stage Minicorn
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Aark World Private Limited
- Date of Incorporation 12 May, 2016
- Jurisdiction New Delhi, Delhi, India
-
Annual Revenue
$257.96 K (USD)92.9as on Mar 31, 2023
-
Net Profit
$-28.14 K (USD)81.5as on Mar 31, 2023
-
EBITDA
$-17.12 K (USD)38.05as on Mar 31, 2023
-
Total Equity Funding
$1.57 M (USD)
in 3 rounds
-
Latest Funding Round
$32.8 K (USD), Angel Round
Apr 08, 2021
-
Investors
& 1 more
-
Employee Count
Employee Count
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Rent It BAE
Rent It BAE has successfully raised a total of $1.57M across 3 strategic funding rounds. The most recent funding activity was a Angel Round round of $32.8 thousand completed in April 2021. 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 Angel Round — $32,800
-
First Round
First Round
(11 Feb 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Angel Round - Rent It BAE | Valuation |
investors |
|
| Apr, 2020 | Amount | Angel Round - Rent It BAE | Valuation |
investors |
|
| Feb, 2019 | Amount | Angel Round - Rent It BAE | Valuation | Aditya Gupta |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rent It BAE
Rent It BAE has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Aditya Gupta and Gagan Sharma. 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 |
|---|---|---|---|---|
|
AG
Aditya Gupta |
-
|
Founded Year | Domain | Location |
|
GS
Gagan Sharma |
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Rent It BAE
Rent It BAE has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FlyRobe. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Multi-category fashion products are rented online for men and women.
|
2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Rent It BAE
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rent It Bae Comparisons
Competitors of Rent It BAE
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Rent It Bae
Frequently Asked Questions about Rent It BAE
When was Rent It BAE founded?
Rent It BAE was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Rent It BAE located?
Rent It BAE is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Who is the current CEO of Rent It BAE?
Aanchal Saini is the current CEO of Rent It BAE. They have also founded this company.
Is Rent It BAE a funded company?
Rent It BAE is a funded company, having raised a total of $1.57M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $1.46M, raised on Feb 11, 2019.
What is the annual revenue of Rent It BAE?
Annual revenue of Rent It BAE is $257.96K as on Mar 31, 2023.
What does Rent It BAE do?
Rent It BAE was founded in 2016 in Delhi, India, as an online platform in the fashion rental sector. Premium items such as dresses, bags, ethnic wear, sunglasses, and watches are provided for rental. Standard durations of four days are available, along with plans for single occasions or unlimited monthly subscriptions. Access is facilitated through the website and AndroidiOS apps.
How many acquisitions has Rent It BAE made?
Rent It BAE has made 1 acquisition, including FlyRobe.
Who are Rent It BAE's investors?
Rent It BAE has 2 investors. Key investors include Aditya Gupta, and Gagan Sharma.
What is Rent It BAE's valuation?
The valuation of Rent It BAE is $5.06M as of Apr 2021.