About Rentity
Rentity is a company based in Mumbai (India) founded in 2021 by Vallari Saxena, Prashanth Kasturi, and Ashwani Bhasin.. Rentity has raised $301.3 thousand across 1 funding round from investors including Skyzen Capital Advisors, Vervima Company and Navarino. The company has 1 employees as of March 28, 2024. Rentity operates in a competitive market with competitors including Cityfurnish, GuaRented, Voorent, FreQuip and RentMacha, among others.
- Headquarter Mumbai, India
- Employees 1 as on 28 Mar, 2024
- Founders Vallari Saxena, Prashanth Kasturi, Ashwani Bhasin
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rentity Global Services Private Limited
- Date of Incorporation 03 Sep, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$301.3 K (USD)
in 1 rounds
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Latest Funding Round
$301.3 K (USD), Seed
Aug 30, 2022
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Investors
Skyzen Capital Advisors
& 3 more
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Employee Count
1
as on Mar 28, 2024
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Funding Insights of Rentity
Rentity has successfully raised a total of $301.3K through 1 strategic funding round. The most recent funding activity was a Seed round of $301.3 thousand completed in August 2022. 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 1
- Last Round Seed — $301,300
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First Round
First Round
(30 Aug 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Seed - Rentity | Valuation | Skyzen Capital Advisors , Vervima Company |
| 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 Rentity
Rentity has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Skyzen Capital Advisors, Vervima Company and Navarino. 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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Founded Year | Domain | Location | |
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SK
Sanjeev Kapoor |
Celebrity chef, entrepreneur, and angel investor in Indian food and hospitality startups.
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Founded Year | Domain | Location |
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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 Rentity
| 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 - Rentity
| 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 |
Rentity Comparisons
Competitors of Rentity
Rentity 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 Cityfurnish, GuaRented, Voorent, FreQuip and RentMacha, 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 |
Multi-category home improvement products are rented via an online platform.
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| domain | founded_year | HQ Location |
Online service provider for rental products
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| domain | founded_year | HQ Location |
Multi-category home improvement products are rented via an online platform.
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| domain | founded_year | HQ Location |
Home furnishings are rented online for minimum six-month terms.
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| domain | founded_year | HQ Location |
Furniture and appliances are rented online in Mumbai.
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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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Frequently Asked Questions about Rentity
When was Rentity founded?
Rentity was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Rentity located?
Rentity is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Rentity?
Ashwani Bhasin is the current CEO of Rentity. They have also founded this company.
Is Rentity a funded company?
Rentity is a funded company, having raised a total of $301.3K across 1 funding round to date. The company's 1st funding round was a Seed of $301.3K, raised on Aug 30, 2022.
How many employees does Rentity have?
As of Mar 28, 2024, the latest employee count at Rentity is 1.
What does Rentity do?
Rentity was founded in 2021 and is based in Mumbai, India. An online rental platform is operated, focusing on luxury home improvement items such as kitchen appliances, furniture, health and fitness equipment, and home appliances. Consumer electronics, including laptops, gaming devices, and tablets, are also provided for rental. Services are delivered through the domain rentity.in, targeting various consumer needs in the rental sector.
Who are the top competitors of Rentity?
Rentity's top competitors include Cityfurnish, GuaRented and Voorent.
Who are Rentity's investors?
Rentity has 4 investors. Key investors include Skyzen Capital Advisors, Vervima Company, Navarino, and Sanjeev Kapoor.
What is Rentity's valuation?
The valuation of Rentity is $2.51M as of Aug 2022.