Rentickle

Delhi, India Founded: 2015 • Age: 11 yrs Minicorn
Furniture and home appliances are rented via an online portal.

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. 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
  • Stage Minicorn
  • Sectors
    Retail
    Consumer
  • Website category Home and Garden · Furniture
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website rentickle.com
  • Social LinkedIn Facebook
  • Legal Name Ava Lifestyle Products & Services Private Limited
  • Date of Incorporation 01 Aug, 2014
  • Jurisdiction Delhi, India
Key Metrics
  • Annual Revenue
    ₹28.20 Cr

    FY 2024 · +22% YoY

  • Net Profit
    ₹2.24 Cr

    FY 2024 · 8% margin

  • EBITDA
    ₹7.52 Cr

    FY 2024 · 27% margin

  • Total Equity Funding
    $3.7M (USD)

    in 6 rounds

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

    Aug 2020

  • Investors
    DMI Finance

    & 40 more

  • Employee Count
    99

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.

Furniture Rental
Rental Platform

Service for renting items like beds and sofas.

Appliance Rental
Rental Platform

Renting devices such as refrigerators and TVs.

Bedroom Furniture
Furniture

Renting beds and wardrobes for home use.

Living Room Furniture
Furniture

Providing sofas and tables on rent.

Electronics Rental
Appliances

Renting items like microwaves and air coolers.

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.

  • Total Funding $3.7M
  • Total Rounds 6
  • Last Round Series A β€” $177,574
  • First Round $344,844

    (May 2016)

  • Investors Count 41

All 6 funding rounds of Rentickle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2020$177,574Series A$9.52MThinKuvate
Nov 2018$1.07MSeries A$9.49MABCOM Investments
Dec 2017$1.81MSeries A$β€’β€’β€’β€’β€’Ajay Relan, ThinKuvate
Dec 2017$2.22MDebt – Conventional––
Dec 2016$294,208Angel Round$β€’β€’β€’β€’β€’Anil Kumar Goyal
May 2016$344,844Angel Round$β€’β€’β€’β€’β€’Praveen Gupta, Prerna Infradevelopers
Valuation history
DateValuationStage
Aug 2020$9.52Mβ€’β€’β€’β€’β€’β€’β€’β€’
Nov 2018$9.49Mβ€’β€’β€’β€’β€’β€’β€’β€’
Dec 2017$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Dec 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
May 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Rentickle

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $9.52M (Aug 2020). 41 investors in total: 13 institutional and 28 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital and startup investment services are offered by ThinKuvate in various sectors.
2015thinkuvate.com-
Venture capital fund focused on multiple sectors
–abcominvest.comSingapore, Singapore
Construction services for residential, commercial, and industrial projects in Bangalore.
2003arvindconstruction.comBengaluru, India
Corporate finance advisory and merger-acquisition solutions are provided.
–sushiljainholding.tcc.mode-
Custodial services for listed securities are provided.
–advantaira.comTampa, United States
Manufacturing, supplying, and exporting of natural stones in India.
–arvicon.in-
-
–atencapital.in-
Private equity investments in India are managed by CX Partners.
–cxcapital.netDelhi, India
Manufacturer and supplier of industrial gases, refrigeration, and air conditioning equipment
1997hotzinc.comDelhi, India
Personal, MSME, consumption, and EV loans are provided digitally.
2008dmifinance.inDelhi, India
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Investor details for Rentickle

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Board of directors of Ava Lifestyle Products & Services Private Limited (Rentickle)

Ava Lifestyle Products & Services Private Limited is the primary company behind Rentickle. The board of Ava Lifestyle Products & Services Private Limited currently have 7 directors; the longest-serving is Amit Sodhi, appointed in 2014. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Amit Sodhi
DIN 01760009
Director01 Aug 201412 yrs 2 moAva Lifestyle Products & Services Private Limited
Anjali Verma
DIN 06895355
Director01 Aug 201412 yrs 2 moAva Lifestyle Products & Services Private Limited
Vinay Mittal
DIN 05107333
Nominee Director08 May 201610 yrs 5 moAva Lifestyle Products & Services Private Limited
Vineet Chawla
DIN 07413509
Director08 May 201610 yrs 5 moAva Lifestyle Products & Services Private Limited
Praveen Gupta
DIN 00093129
Nominee Director21 Jun 201610 yrs 3 moAva Lifestyle Products & Services Private Limited
Gaurav Chaudhry
DIN 01310900
Nominee Director12 Dec 20178 yrs 10 moAva Lifestyle Products & Services Private Limited
Bharat Vinodkumar Mandloi
DIN 08483289
Director14 Jun 20197 yrs 3 moAva Lifestyle Products & Services Private Limited

People of Rentickle

9 people are tracked at Rentickle (2 in leadership, 7 in team); the tracked headcount is 99.

NameRoleGroup
CEO & FounderLeadership
Meghna Nair
Chief People OfficerLeadership
Arunkumar Jedimedla
Operations ExecutiveTeam
pilley srinivas
Sales and Operations ManagerTeam
Vidit V.
Product DesignerTeam
Santosh Mishra
Finance ExecutiveTeam
Satyam Sharma 🇮🇳
Finance ExecutiveTeam
Saurabh Dubey
OperationsTeam
Srinivas P
Operations ManagerTeam
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Complete people profiles for Rentickle

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Financials of Rentickle

Figures of Ava Lifestyle Products & Services Private Limited, the primary company behind Rentickle, for FY 2024. Revenue was ₹28.20 Cr (+22% year on year). Net profit was ₹2.24 Cr (8% margin). EBITDA was ₹7.52 Cr (27% margin). Revenue has grown at a compounded annual rate of +25% over three years and +24% over five years.

  • ₹28.20 CrRevenue · FY 2024 · +22% YoY
  • ₹2.24 CrNet profit · 8% margin
  • ₹7.52 CrEBITDA · 27% margin
  • ₹10.4 LakhPaid-up capital
  • 99Employees (provident fund records)
  • +25%Revenue CAGR, 3 years
  • +24%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Ava Lifestyle Products & Services Private Limited are on its company page.

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Detailed financial statements for Rentickle

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Timeline of Rentickle

4 dated milestones of Rentickle across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Rentickle is founded.
  2. Funding First funding round of $345K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $178K.

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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
grabonrent.com2015Bengaluru, India$5.8M1
Functions as an online marketplace for renting multi-category products.
rentongo.com2012Bengaluru, India$400,725–
Rentongo is a digital marketplace for renting various goods.
rentospot.com2018Kozhikode, India––
Operates an online rental marketplace for a wide range of consumer products.
mutterfly.in2015Mumbai, India––
Operates a horizontal peer-to-peer online platform for renting various items.
rentomo.com2015Bengaluru, India$100,000–
Serves as a platform for renting products within users' trusted networks.
rentezee.com2016Delhi, India––
Peer-to-peer platform for uploading and viewing rentable items online.
rentalitnow.com2021Bengaluru, India––
Operates an online peer-to-peer rental platform for various product categories.
rentit4me.com2021Gurugram, India–3
Online platform for renting and listing automobiles, furniture, and electronics services.
jugaadle.com2022Indore, India––
Jugaadle operates an online platform for renting multi-category products.
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Detailed competitors of Rentickle

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Web traffic of Rentickle

The website of Rentickle (rentickle.com) receives about 114.4K visits a month and ranks #249,336 among all websites worldwide, #3,691 in Furniture.

  • Monthly visits
    114.4K

    ▼ 14.2% vs previous month

  • Unique visitors
    74.2K

    per month

  • Global rank
    #249,336

    among all websites

  • Category rank
    #3,691

    Home and Garden · Furniture

Similar websites

Websites whose visitors overlap most with Rentickle. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
furlenco.com
100%
1.1M#57,123View details
cityfurnish.com
96%
408.7K#114,650View details
rentomojo.com
55%
924.2K#34,068View details
frequip.com
55%
19.3K#1,443,203View details
ikea.com
54%
258.5M#116View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 24 similar websites and full traffic analytics for Rentickle

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Verified entity values are shown only after access is granted.

Latest news on Rentickle

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Similar companies to Rentickle

10 companies that operate in the same segment as Rentickle (Marketplaces & General E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-category consumer products are offered via an online marketplace platform.
2007Bengaluru, Karnataka, IndiaUSD 12.12 B––
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Multi-category consumer products are sold via an online marketplace.
2010Seoul, South KoreaUSD 3.9 BUSD 34.53 B95,000
Multi-category products are sold via an online marketplace platform.
2012Singapore, SingaporeUSD 689.63 M––
Multi-category products are offered through an online marketplace.
1994Seattle, Washington, United StatesUSD 8 M––
Multi-category second-hand products are offered via online marketplace platform.
2007Moscow, RussiaUSD 161 M––
Used multi-category products are traded on an online marketplace platform.
2013Minato, Tokyo, JapanUSD 117.3 MUSD 1.41 B–
Multi-category consumer products are sold via an online marketplace platform.
1999Buenos Aires, Argentina–USD 28.89 B84,210
App-based marketplace and classified platform for multi-category products
2013Barcelona, Catalonia, SpainUSD 370.56 M––
Multi-category consumer products are offered via an online marketplace.
1998Moscow, RussiaUSD 442.27 M––
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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. The company's 1st funding round was a Angel Round of $344.84K, raised on May 2016.

Rentickle has 99 employees.

The primary company behind Rentickle, Ava Lifestyle Products & Services Private Limited, reported revenue of β‚Ή28.20 Cr for FY 2024, up 22% year on year.

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.

Rentickle operates through Ava Lifestyle Products & Services Private Limited.

The legal entities of Rentickle currently have 7 directors, including Amit Sodhi, Vinay Mittal, Anjali Verma and others.

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