Rent It BAE

Delhi, India Founded: 2016 • Age: 10 yrs
Premium fashion wear is rented via an online portal.
Annual revenue $257,963 Latest available
Total funding $1.6M 3 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors - Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Aark World Private Limited
  • Date of Incorporation 12 May, 2016
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Retail → Fashion & Retail Innovation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $257.96 K (USD)
    92.9
    as on Mar 31, 2023
  • Net Profit
    -$28.14 K (USD)
    81.5
    as on Mar 31, 2023
  • EBITDA
    -$17.12 K (USD)
    38.05
    as 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
    Not available
  • Investments & Acquisitions
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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.

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.

All
Angel
Investor Description Founded Year Domain Location

Aditya Gupta

-
Locked Locked Locked

Gagan Sharma

-
Locked Locked Locked
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Investor details for Rent It BAE

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by Rent It BAE

Rent It BAE has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FlyRobe.

Investments
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Investment portfolio details for Rent It BAE

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Multi-category fashion products are rented online for men and women.
Locked Locked 2015 Locked
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Complete acquisition details for Rent It BAE

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Financial Statements - Rent It BAE

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Detailed financials for Rent It BAE

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Rent It Bae Comparisons

Rent It BAE Primary company
Description
Premium fashion wear is rented via an online portal.
Location
Delhi, India
Founded Year
2016
Annual Revenue
$257.96 K (USD)
Net Profit
-$28.14 K (USD)
EBITDA
-$17.12 K (USD)
Employees
Not available
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Peer comparison for Rent It BAE

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Competitors of Rent It BAE

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Detailed competitors of Rent It BAE

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Latest news on Rent It Bae

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Complete news archive for Rent It BAE

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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 current CEO of Rent It BAE. 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.

Annual revenue of Rent It BAE is $257.96K as on Mar 31, 2023.

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.

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