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
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Sectors
RetailConsumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ava Lifestyle Products & Services Private Limited
- Date of Incorporation 01 Aug, 2014
- Jurisdiction Delhi, India
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Annual Revenue
$2.78 M (USD)68.66as on Mar 31, 2023
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Net Profit
$203.35 K (USD)212.91as on Mar 31, 2023
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EBITDA
$797.46 K (USD)154.75as on Mar 31, 2023
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Total Equity Funding
$3.7 M (USD)
in 6 rounds
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Latest Funding Round
$177.57 K (USD), Series A
Aug 22, 2020
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Investors
DMI Finance
& 40 more
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for renting items like beds and sofas.
Renting devices such as refrigerators and TVs.
Renting beds and wardrobes for home use.
Providing sofas and tables on rent.
Renting items like microwaves and air coolers.
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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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $177,574
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First Round
First Round
(06 May 2016)
- Investors Count 41
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Series A - Rentickle | Valuation | ThinKuvate | |
| Nov, 2018 | Amount | Series A - Rentickle | Valuation | ABCOM Investments | |
| Dec, 2017 | Amount | Series A - Rentickle | Valuation | Ajay Relan , ThinKuvate |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
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Venture capital and startup investment services are offered by ThinKuvate in various sectors.
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Construction services for residential, commercial, and industrial projects in Bangalore.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rentickle
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Rentickle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rentickle Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Functions as an online marketplace for renting multi-category products.
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| domain | founded_year | HQ Location |
Rentongo is a digital marketplace for renting various goods.
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| domain | founded_year | HQ Location |
Operates an online rental marketplace for a wide range of consumer products.
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| domain | founded_year | HQ Location |
Operates a horizontal peer-to-peer online platform for renting various items.
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| domain | founded_year | HQ Location |
Serves as a platform for renting products within users' trusted networks.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rentickle
Frequently Asked Questions about Rentickle
When was Rentickle founded?
Rentickle was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Rentickle located?
Rentickle is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is Rentickle a funded company?
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 Series A of $1.81M, raised on May 06, 2016.
How many employees does Rentickle have?
As of Apr 06, 2024, the latest employee count at Rentickle is 99.
What is the annual revenue of Rentickle?
Annual revenue of Rentickle is $2.78M as on Mar 31, 2023.
What does Rentickle do?
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.
Who are the top competitors of Rentickle?
Rentickle's top competitors include Rentongo, GrabonRent and Mutterfly.
What products or services does Rentickle offer?
Rentickle offers Furniture Rental, Appliance Rental, Bedroom Furniture, Living Room Furniture, and Electronics Rental.
Who are Rentickle's investors?
Rentickle has 41 investors. Key investors include DMI Finance, Hotz Industries, Arvind Construction, Rajeev Grover, and ThinKuvate.
What is Rentickle's valuation?
The valuation of Rentickle is $9.52M as of Aug 2020.