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
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website rentmacha.com
- Social LinkedIn X Facebook Instagram
- Legal Name Crowsalchemy Home Solutions Private Limited
- Date of Incorporation 28 Nov, 2016
- Jurisdiction Valiv, Maharashtra, India
- Annual Revenue₹49.6 Lakh
FY 2024 · 0% YoY
- Net Loss-₹42.1 Lakh
FY 2024 · -85% margin
- EBITDA-₹19.3 Lakh
FY 2024 · -39% margin
- Total Equity Funding$114.96K (USD)
in 1 rounds
- Latest Funding Round$114.96K (USD), Angel Round
Mar 2018
Associated legal entities of RentMacha
RentMacha operates through Crowsalchemy Home Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Crowsalchemy Home Solutions Private Limited CIN U74999MH2016PTC287992 | Active | 28 Nov 2016 | Valiv, Maharashtra | ₹0.5 Cr | – | 2 | View details |
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.
- Total Funding $114,959
- Total Rounds 1
- Last Round Angel Round — $114,959
- First Round $114,959
(Mar 2018)
- Investors Count 5
All 1 funding rounds of RentMacha 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 |
|---|---|---|---|---|---|
| Mar 2018 | $114,959 | Angel Round | $676,717 | Tufail Ahmad Khan, Jeenendra Bhandari |
Last known valuation $676,717 (Mar 2018). 5 investors in total: 0 institutional and 5 angel.
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 |
|---|---|---|---|---|
TA Tufail Ahmad Khan | - | – | unknown_eb4ef4df22c8491eb | - |
JB Jeenendra Bhandari | - | – | unknown_16e43c5cdadd43eea | - |
JM Jignesh Mehta | - | – | unknown_8dbe50db255d46fca | - |
JB Jeenendra Bhandari | Angel investor and entrepreneur, co-founder of Myntra, active in Indian startup ecosystem | – | unknown_8e59d1036f484d339 | - |
JM Jignesh Mehta | - | – | unknown_c09da13213564f67b | - |
Investor details for RentMacha
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 Crowsalchemy Home Solutions Private Limited (RentMacha)
Crowsalchemy Home Solutions Private Limited is the primary company behind RentMacha. The board of Crowsalchemy Home Solutions Private Limited currently have 2 directors; the longest-serving is Praveen Soundararajan, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Praveen Soundararajan DIN 07658646 | Director | 28 Nov 2016 | 9 yrs 10 mo | Crowsalchemy Home Solutions Private Limited |
| Vishrodia Arvindkumar Ratilal DIN 08002199 | Director | 01 Mar 2017 | 9 yrs 7 mo | Crowsalchemy Home Solutions Private Limited |
People of RentMacha
1 people are tracked at RentMacha (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for RentMacha
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 RentMacha
Figures of Crowsalchemy Home Solutions Private Limited, the primary company behind RentMacha, for FY 2024. Revenue was ₹49.6 Lakh (0% year on year). Net loss was -₹42.1 Lakh (-85% margin). EBITDA was -₹19.3 Lakh (-39% margin). Revenue has grown at a compounded annual rate of -20% over three years and -7% over five years.
- ₹49.6 LakhRevenue · FY 2024 · 0% YoY
- -₹42.1 LakhNet loss · -85% margin
- -₹19.3 LakhEBITDA · -39% margin
- ₹11.8 LakhPaid-up capital
- -20%Revenue CAGR, 3 years
- -7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Crowsalchemy Home Solutions Private Limited are on its company page.
Detailed financial statements for RentMacha
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 RentMacha
2 dated milestones of RentMacha across 2 years, from founding to its latest funding, stage changes and deals.
- Founded RentMacha is founded.
- Funding First funding round of $115K.
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 | 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. | |
| frequip.com | 2015 | Gurugram, India | $29,911 | – | Home furnishings are rented online for minimum six-month terms. | |
| rentity.in | 2021 | Mumbai, India | $301,300 | – | Luxury home improvement and electronics products are rented online. | |
| fairent.in | 2017 | Delhi, India | – | – | Multi-category products are rented through an online platform. | |
| voko.in | 2016 | Gurugram, India | $150,000 | 19 | Furniture and home appliances are rented online through Voko. |
Detailed competitors of RentMacha
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 RentMacha
The website of RentMacha (rentmacha.com) receives about 10.6K visits a month.
- Monthly visits10.6K
▲ 0.8% vs previous month
Websites whose visitors overlap most with RentMacha. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cityfurnish.com | 100% | 408.7K | #114,650 | View details | |
| fabrento.com | 96% | 10.6K | #1,834,736 | View details | |
| furlenco.com | 86% | 1.1M | #57,123 | View details | |
| rentickle.com | 77% | 114.4K | #249,336 | View details | |
| thinkrenta.com | 31% | – | #6,898,838 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for RentMacha
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to RentMacha
10 companies that operate in the same segment as RentMacha (Home & Living Products), 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 527.28 M | – | – | |
App based platform to connect users with local service professionals | 2008 | San Francisco, California, United States | USD 698.85 M | – | – | |
Provider of FMCG conglomerate products | 1837 | United States | – | USD 457.23 M | 923 | |
Multi-category products are rented via subscription model. | 2014 | Bengaluru, Karnataka, India | USD 58.71 M | USD 14.82 M | 422 | |
Multi-category home improvement products are sold online by Wayfair. | 2002 | Boston, Massachusetts, United States | USD 523.3 M | USD 12.46 B | 13,500 | |
AI-enabled smart mattress covers and thermoregulated bedding are provided. | 2014 | New York, New York, United States | USD 325.12 M | – | 61 | |
Multi-category home improvement products are sold through an internet-first brand. | 2010 | London, England, United Kingdom | USD 135.9 M | – | – | |
Developer and manufacturer of heating, ventilation, air conditioning and refrigeration equipment | 1924 | Osaka, Osaka Prefecture, Japan | – | USD 29.47 B | 96,337 | |
Mattresses and bedding are provided by an internet-first brand. | 2014 | New York, New York, United States | USD 341.3 M | – | – | |
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 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. The company's 1st funding round was a Angel Round of $114.96K, raised on Mar 2018.
The primary company behind RentMacha, Crowsalchemy Home Solutions Private Limited, reported revenue of ₹49.6 Lakh for FY 2024, down 0% year on year.
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.
RentMacha operates through Crowsalchemy Home Solutions Private Limited.
The legal entities of RentMacha currently have 2 directors, including Vishrodia Arvindkumar Ratilal, Praveen Soundararajan.