About Rent It BAE
Rent It BAE is a Retail company based in Delhi (India) founded in 2016 by Aanchal Saini, Jaspreet Singh Gujral, and Karan Gujral. Premium fashion wear is rented via an online portal. 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. Rent It BAE was last valued at $5.06 million in April 2021. Its chief executive, as recorded, is Aanchal Saini. Its Indian entity Aark World Private Limited reported revenue of ₹2.15 Cr. Its focus areas include Consumer, Fashion Tech, B2C Commerce and Apparel.
Company details
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.
- Headquarters Delhi, India
- Founders Aanchal Saini, Jaspreet Singh Gujral, Karan Gujral
- Stage Minicorn
- SectorsRetail
- Email••••••••
- Website rentitbae.com
- Social X Facebook
- Legal Name Aark World Private Limited
- Date of Incorporation 12 May, 2016
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹2.15 Cr
FY 2023 · +93% YoY
- Net Loss-₹23.4 Lakh
FY 2023 · -11% margin
- EBITDA-₹14.5 Lakh
FY 2023 · -7% margin
- Total Equity Funding$1.57M (USD)
in 3 rounds
- Latest Funding Round$32.8K (USD), Angel Round
Apr 2021
- Investments & Acquisitions
Associated legal entities of Rent It BAE
Rent It BAE operates through Aark World Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aark World Private Limited CIN U74999DL2016PTC299575 | Active | 12 May 2016 | New Delhi, Delhi | ₹2.1 Cr | 3 | View details |
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 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 $1.57M
- Total Rounds 3
- Last Round Angel Round — $32,800
- First Round $1.46M
(Feb 2019)
- Investors Count 2
All 3 funding rounds of Rent It BAE 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 |
|---|---|---|---|---|---|
| Apr 2021 | $32,800 | Angel Round | $5.06M | – | |
| Apr 2020 | $76,000 | Angel Round | $4.96M | – | |
| Feb 2019 | $1.46M | Angel Round | – | Aditya Gupta |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2021 | $5.06M | •••••••• |
| Apr 2020 | $4.96M | •••••••• |
Last known valuation $5.06M (Apr 2021). 2 investors in total: 0 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AG Aditya Gupta | unknown_13472aaad96542c5a | |||
GS Gagan Sharma | unknown_92fd999dcbe94dc79 |
Investor details for Rent It BAE
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 Aark World Private Limited (Rent It BAE)
Aark World Private Limited is the primary company behind Rent It BAE. The board of Aark World Private Limited currently have 3 directors; the longest-serving is Aanchal Saini, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aanchal Saini DIN 07484207 | Director | 12 May 2016 | 10 yrs 5 mo | Aark World Private Limited |
| Karandeep Singh Gujral DIN 06846263 | Director | 30 Sep 2018 | 8 yrs | Aark World Private Limited |
| Jaspreet Singh Gujral DIN 07582901 | Director | 30 Sep 2018 | 8 yrs | Aark World Private Limited |
People of Rent It BAE
3 people are tracked at Rent It BAE (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder | Leadership | |
Karan Gujral | Co-Founder & CTO | Leadership |
Complete people profiles for Rent It BAE
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Rent It BAE
Figures of Aark World Private Limited, the primary company behind Rent It BAE, for FY 2023. Revenue was ₹2.15 Cr (+93% year on year). Net loss was -₹23.4 Lakh (-11% margin). EBITDA was -₹14.5 Lakh (-7% margin). Revenue has grown at a compounded annual rate of -1% over three years and +52% over five years.
- ₹2.15 CrRevenue · FY 2023 · +93% YoY
- -₹23.4 LakhNet loss · -11% margin
- -₹14.5 LakhEBITDA · -7% margin
- ₹2.4 LakhPaid-up capital
- -1%Revenue CAGR, 3 years
- +52%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aark World Private Limited are on its company page.
Detailed financial statements for Rent It BAE
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.
Investments & Acquisitions by Rent It BAE
Rent It BAE has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FlyRobe.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Multi-category fashion products are rented online for men and women. | flyrobe.com | Mumbai, India | 2015 | Nov 2019 | $8.4M |
Complete acquisition details for Rent It BAE
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Rent It BAE
5 dated milestones of Rent It BAE across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Rent It BAE is founded.
- Funding First funding round of $1.5M.
- Acquisition Acquires FlyRobe.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $33K.
Web traffic of Rent It BAE
The website of Rent It BAE (rentitbae.com) receives about 1K visits a month.
- Monthly visits1K
▲ 8.2% vs previous month
Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Rent It BAE (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 142.34 M | USD 32.66 M | 711 |
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
Related news about Rent It Bae
Complete news archive for Rent It BAE
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.
Frequently Asked Questions about Rent It BAE
Rent It BAE was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Rent It BAE is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Aanchal Saini is the CEO of Rent It BAE, as recorded in our data. They have also founded this 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 2019.
The primary company behind Rent It BAE, Aark World Private Limited, reported revenue of ₹2.15 Cr for FY 2023, up 93% year on year.
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.
Rent It BAE has made 1 acquisition, including FlyRobe.
Rent It BAE has 2 investors. Key investors include Aditya Gupta, and Gagan Sharma.
The valuation of Rent It BAE is $5.06M as of Apr 2021.
Rent It BAE operates through Aark World Private Limited.
The legal entities of Rent It BAE currently have 3 directors, including Aanchal Saini, Karandeep Singh Gujral, Jaspreet Singh Gujral.