Rentity

Mumbai, India Founded: 2021 • Age: 5 yrs Minicorn
Luxury home improvement and electronics products are rented online.

About Rentity

Rentity is a Consumer company based in Mumbai (India) founded in 2021 by Vallari Saxena, Prashanth Kasturi, and Ashwani Bhasin. Luxury home improvement and electronics products are rented online. 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. Rentity was last valued at $2.51 million in August 2022. Its chief executive, as recorded, is Ashwani Bhasin. Its Indian entity Rentity Global Services Private Limited reported revenue of β‚Ή10.9 Lakh. Its focus areas include Retail, Home Improvements, Rental and Multi Category. Its competitors include Cityfurnish, GuaRented and Voorent; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Mumbai, India
  • Employees 1
  • Founders Vallari Saxena, Prashanth Kasturi, Ashwani Bhasin
  • Stage Minicorn
  • Sectors
    Consumer
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website rentity.in
  • Social LinkedIn Facebook
  • Legal Name Rentity Global Services Private Limited
  • Date of Incorporation 03 Sep, 2021
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹10.9 Lakh

    FY 2023

  • EBITDA
    ₹1.8 Lakh

    FY 2023 · 17% margin

  • Total Equity Funding
    $301.3K (USD)

    in 1 rounds

  • Latest Funding Round
    $301.3K (USD), Seed

    Aug 2022

  • Investors
    Navarino

    & 3 more

  • Employee Count
    1

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 $301,300
  • Total Rounds 1
  • Last Round Seed β€” $301,300
  • First Round $301,300

    (Aug 2022)

  • Investors Count 4

All 1 funding rounds of Rentity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2022$301,300Seed$2.51MSkyzen Capital Advisors, Vervima Company
Valuation history
DateValuationStage
Aug 2022$2.51Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.51M (Aug 2022). 4 investors in total: 3 institutional and 1 angel.

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.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation

Sanjeev Kapoor

Celebrity chef, entrepreneur, and angel investor in Indian food and hospitality startups.
unknown_e06589aa459d45979
Maritime technology firm providing IT, cyber security, and connectivity services.
1996navarino.co.ukCanterbury, United Kingdom
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Investor details for Rentity

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Rentity Global Services Private Limited (Rentity)

Rentity Global Services Private Limited is the primary company behind Rentity. The board of Rentity Global Services Private Limited currently have 3 directors; the longest-serving is Vallari Saxena, appointed in 2021. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Vallari Saxena
DIN 09235179
Director03 Sep 20215 yrs 2 moRentity Global Services Private Limited
Ashwani Bhasin
DIN 09238486
Director03 Sep 20215 yrs 2 moRentity Global Services Private Limited
Prashanth Balasubramanya Kasturi
DIN 06838108
Director18 Sep 20233 yrs 1 moRentity Global Services Private Limited

People of Rentity

3 people are tracked at Rentity (3 in leadership); the tracked headcount is 1.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
Co-Founder & CEOLeadership
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Complete people profiles for Rentity

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Financials of Rentity

Figures of Rentity Global Services Private Limited, the primary company behind Rentity, for FY 2023. Revenue was ₹10.9 Lakh. EBITDA was ₹1.8 Lakh (17% margin).

  • ₹10.9 LakhRevenue · FY 2023
  • ₹1.8 LakhEBITDA · 17% margin
  • ₹10 LakhPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Rentity Global Services Private Limited are on its company page.

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Detailed financial statements for Rentity

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Rentity

3 dated milestones of Rentity across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Rentity is founded.
  2. Funding First funding round of $301K.
  3. Milestone Reaches Minicorn status.

Competitors of Rentity

Rentity has 3 listed competitors in our database, 3 of them funded. They include Cityfurnish, GuaRented and Voorent.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
cityfurnish.com2015Gurugram, India$8.06M237
Multi-category home improvement products are rented via an online platform.
guarented.com2015Bengaluru, India$887,99238
Online service provider for rental products
voorent.com2016Gurugram, India$169,161
Multi-category home improvement products are rented via an online platform.
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Detailed competitors of Rentity

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Rentity

Websites that share an audience with Rentity (rentity.in).

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
fitnesssolutions.in
fitnesssolutions.in
100%
–
rentrobo.in
rentrobo.in
88%
#3,565,213–

Top companies in Home & Living Products

3 companies that operate in the same segment as Rentity (Home & Living Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of interior design and renovation services for homes and offices
2014Bengaluru, Karnataka, IndiaUSD 511.55 MUSD 172.66 M4,353
Multi-category products are rented via subscription model.
2014Bengaluru, Karnataka, IndiaUSD 58.71 MUSD 14.82 M422
Internet-first brand offering multi-category home furniture
2012Bengaluru, Karnataka, IndiaUSD 108.06 MUSD 26.92 B43,024
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Frequently Asked Questions about Rentity

Rentity was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Rentity is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Ashwani Bhasin is the CEO of Rentity, as recorded in our data. They have also founded this 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 2022.

Rentity has 1 employees.

The primary company behind Rentity, Rentity Global Services Private Limited, reported revenue of β‚Ή10.9 Lakh for FY 2023.

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.

Rentity's top competitors include Cityfurnish, GuaRented and Voorent.

Rentity has 4 investors. Key investors include Skyzen Capital Advisors, Vervima Company, Navarino, and Sanjeev Kapoor.

The valuation of Rentity is $2.51M as of Aug 2022.

Rentity operates through Rentity Global Services Private Limited.

The legal entities of Rentity currently have 3 directors, including Vallari Saxena, Ashwani Bhasin, Prashanth Balasubramanya Kasturi.

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