About RentMacha
RentMacha is a company based in Mumbai (India) founded in 2016 by Praveen Soundararajan. RentMacha has raised $114.96 thousand across 1 funding round from investors including Tufail Ahmad Khan, Jeenendra Bhandari and Jignesh Mehta. RentMacha offers products and services including Fridge on Rent, Sofa on Rent, Washing Machine on Rent, Bed on Rent, and Microwave on Rent. RentMacha operates in a competitive market with competitors including Cityfurnish, GuaRented, Voorent, FreQuip and Rentity, among others.
- Headquarter Mumbai, India
- Founders Praveen Soundararajan
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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
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- Legal Name Crowsalchemy Home Solutions Private Limited
- Date of Incorporation 28 Nov, 2016
- Jurisdiction Valiv, Maharashtra, India
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Annual Revenue
$59.8 K (USD)-8.94as on Mar 31, 2023
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Net Profit
-$46.86 K (USD)-8.97as on Mar 31, 2023
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EBITDA
-$25.02 K (USD)-60.43as on Mar 31, 2023
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Total Equity Funding
$114.96 K (USD)
in 1 rounds
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Latest Funding Round
$114.96 K (USD), Angel Round
Mar 23, 2018
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Investors
& 4 more
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Employee Count
Not available
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Products & Services of RentMacha
RentMacha offers a comprehensive portfolio of products and services, including Fridge on Rent, Sofa on Rent, Washing Machine on Rent, Bed on Rent, and Microwave on Rent.
Rental service for refrigerators in households.
Provides sofas for home rental needs.
Offers washing machines for convenient use.
Rental option for beds in bedroom setups.
Provides microwaves for kitchen appliance needs.
Funding Insights of RentMacha
RentMacha has successfully raised a total of $114.96K through 1 strategic funding round. The most recent funding activity was a Angel Round of $114.96 thousand completed in March 2018. 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.
Investors in RentMacha
RentMacha has secured backing from 5 investors, including angel investors. Prominent investors backing the company include Tufail Ahmad Khan, Jeenendra Bhandari and Jignesh Mehta.
| Investor | Description | Founded Year | Domain | Location |
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Tufail Ahmad Khan |
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JB
Jeenendra Bhandari |
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JM
Jignesh Mehta |
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Investor details for RentMacha
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by RentMacha
Investment portfolio details for RentMacha
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - RentMacha
Detailed financials for RentMacha
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- Historical revenue
- Profit trends
- Statement rows
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Rentmacha Comparisons
Peer comparison for RentMacha
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- Named peers
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Competitors of RentMacha
RentMacha 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 Rentity, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Multi-category home improvement products are rented via an online platform.
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Online service provider for rental products
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Multi-category home improvement products are rented via an online platform.
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Home furnishings are rented online for minimum six-month terms.
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Luxury home improvement and electronics products are rented online.
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Detailed competitors of RentMacha
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Latest news on Rentmacha
Complete news archive for RentMacha
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Frequently Asked Questions about RentMacha
RentMacha was founded in 2016 and raised its 1st funding round 2 years after it was founded.
RentMacha is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
RentMacha is a funded company, having raised a total of $114.96K across 1 funding round to date.
Annual revenue of RentMacha is $59.8K as on Mar 31, 2023.
RentMacha was founded in 2016 in Mumbai, India, as an online platform focused on the rental of furniture and appliances. Products such as air conditioners, televisions, beds, mattresses, dining tables, study tables, and similar items are provided for rent. The service operates within the consumer goods sector, enabling access to these essentials through a digital interface in the Mumbai area.
RentMacha's top competitors include Cityfurnish, GuaRented and Voorent.
RentMacha offers Fridge on Rent, Sofa on Rent, Washing Machine on Rent, Bed on Rent, and Microwave on Rent.
RentMacha has 5 investors. Key investors include Tufail Ahmad Khan, Jeenendra Bhandari, Jignesh Mehta, Jeenendra Bhandari, and Jignesh Mehta.
The valuation of RentMacha is $676.72K as of Mar 2018.