Rentickle

Delhi, India Founded: 2015 • Age: 11 yrs
Furniture and home appliances are rented via an online portal.
Annual revenue $2.8M Latest available
Total funding $3.7M 6 rounds
Employees 99 Tracked headcount
Investors 41 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Rentickle

Rentickle is a company based in Delhi (India) founded in 2015. Rentickle has raised $3.7 million across 6 funding rounds from investors including DMI Finance, Hotz Industries and Arvind Construction. The company has 99 employees as of April 06, 2024. Rentickle offers products and services including Furniture Rental, Appliance Rental, Bedroom Furniture, Living Room Furniture, and Electronics Rental. Rentickle operates in a competitive market with competitors including GrabonRent, Rentongo, Rentospot, Mutterfly and Rentomo, among others.

  • Headquarter Delhi, India
  • Employees 99 as on 06 Apr, 2024
  • Stage Minicorn
  • Sectors
    Retail
    Consumer
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Ava Lifestyle Products & Services Private Limited
  • Date of Incorporation 01 Aug, 2014
  • Jurisdiction Delhi, India
Operational Areas
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Consumer → Beauty, Personal & Household Care Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $2.78 M (USD)
    68.66
    as on Mar 31, 2023
  • Net Profit
    $203.35 K (USD)
    212.91
    as on Mar 31, 2023
  • EBITDA
    $797.46 K (USD)
    154.75
    as on Mar 31, 2023
  • Total Equity Funding
    $3.7 M (USD)

    in 6 rounds

  • Latest Funding Round
    $177.57 K (USD), Series A

    Aug 22, 2020

  • Investors
    DMI Finance

    & 40 more

  • Employee Count
    99

    as on Apr 06, 2024

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Products & Services of Rentickle

Rentickle offers a comprehensive portfolio of products and services, including Furniture Rental, Appliance Rental, Bedroom Furniture, Living Room Furniture, and Electronics Rental.

Product name locked
Category locked
Primary

Service for renting items like beds and sofas.

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Renting devices such as refrigerators and TVs.

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Renting beds and wardrobes for home use.

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Providing sofas and tables on rent.

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Renting items like microwaves and air coolers.

People of Rentickle

Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Arunkumar Jedimedla
Operations Executive
People
pilley srinivas
Sales and Operations Manager
People
Amit Sodhi
CEO & Founder
People
Meghna Nair
Chief People Officer

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Funding Insights of Rentickle

Rentickle has successfully raised a total of $3.7M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $177.57 thousand completed in August 2020. 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 Rentickle

Rentickle has secured backing from 41 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include DMI Finance, Hotz Industries and Arvind Construction.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital and startup investment services are offered by ThinKuvate in various sectors.
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Venture capital fund focused on multiple sectors
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Construction services for residential, commercial, and industrial projects in Bangalore.
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Investor details for Rentickle

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Investments & Acquisitions by Rentickle

Investments
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Investment portfolio details for Rentickle

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Financial Statements - Rentickle

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Detailed financials for Rentickle

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Rentickle Comparisons

Rentickle Primary company
Description
Furniture and home appliances are rented via an online porta...
Location
Delhi, India
Founded Year
2015
Annual Revenue
$2.78 M (USD)
Net Profit
$203.35 K (USD)
EBITDA
$797.46 K (USD)
Employees
99
As of 2024
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Peer comparison for Rentickle

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Competitors of Rentickle

Rentickle 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 GrabonRent, Rentongo, Rentospot, Mutterfly and Rentomo, among others.

Company Name Domain Founded year HQ Location Description
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Functions as an online marketplace for renting multi-category products.
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Rentongo is a digital marketplace for renting various goods.
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Operates an online rental marketplace for a wide range of consumer products.
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Operates a horizontal peer-to-peer online platform for renting various items.
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Serves as a platform for renting products within users' trusted networks.
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Detailed competitors of Rentickle

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Latest news on Rentickle

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Complete news archive for Rentickle

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Frequently Asked Questions about Rentickle

Rentickle was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Rentickle is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Rentickle is a funded company, having raised a total of $3.7M across 6 funding rounds to date.

As of Apr 06, 2024, the latest employee count at Rentickle is 99.

Annual revenue of Rentickle is $2.78M as on Mar 31, 2023.

Rentickle was founded in 2015 in Delhi, India, as an online platform in the rental services sector. Furniture such as wardrobes and beds, along with home appliances like TVs, fridges, and floor lamps, are available for rent. Additional categories include fitness equipment, gaming consoles, and cars. Users select items online, pay a two-month security deposit, after which delivery and installation are provided.

Rentickle's top competitors include Rentongo, GrabonRent and Mutterfly.

Rentickle offers Furniture Rental, Appliance Rental, Bedroom Furniture, Living Room Furniture, and Electronics Rental.

Rentickle has 41 investors. Key investors include DMI Finance, Hotz Industries, Arvind Construction, Rajeev Grover, and ThinKuvate.

The valuation of Rentickle is $9.52M as of Aug 2020.

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