
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 βΉ10.9 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
- SectorsConsumer
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’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
- 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
- InvestorsNavarino
& 3 more
- Employee Count1
Associated legal entities of Rentity
Rentity operates through Rentity Global Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rentity Global Services Private Limited CIN U72100MH2021PTC366866 | Active | 03 Sep 2021 | Mumbai, Maharashtra | ₹0.1 Cr | 3 | View details |
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | $301,300 | Seed | $2.51M | Skyzen Capital Advisors, Vervima Company |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2022 | $2.51M | β’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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SK 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. | 1996 | navarino.co.uk | Canterbury, United Kingdom |
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vallari Saxena DIN 09235179 | Director | 03 Sep 2021 | 5 yrs 2 mo | Rentity Global Services Private Limited |
| Ashwani Bhasin DIN 09238486 | Director | 03 Sep 2021 | 5 yrs 2 mo | Rentity Global Services Private Limited |
| Prashanth Balasubramanya Kasturi DIN 06838108 | Director | 18 Sep 2023 | 3 yrs 1 mo | Rentity Global Services Private Limited |
People of Rentity
3 people are tracked at Rentity (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
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.
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.
- Founded Rentity is founded.
- Funding First funding round of $301K.
- 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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cityfurnish.com | 2015 | Gurugram, India | $8.06M | 237 | Multi-category home improvement products are rented via an online platform. | |
| guarented.com | 2015 | Bengaluru, India | $887,992 | 38 | Online service provider for rental products | |
| voorent.com | 2016 | Gurugram, India | $169,161 | Multi-category home improvement products are rented via an online platform. |
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).
Websites whose visitors overlap most with Rentity. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
fitnesssolutions.in | fitnesssolutions.in | 100% | β | ||
rentrobo.in | rentrobo.in | 88% | #3,565,213 | β |
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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 511.55 M | USD 172.66 M | 4,353 | |
Multi-category products are rented via subscription model. | 2014 | Bengaluru, Karnataka, India | USD 58.71 M | USD 14.82 M | 422 | |
Internet-first brand offering multi-category home furniture | 2012 | Bengaluru, Karnataka, India | USD 108.06 M | USD 26.92 B | 43,024 |
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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 βΉ10.9 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.