About Rentofurnished
Rentofurnished is a Consumer company based in Noida (India) founded in 2020. Furniture and appliances are rented for residential use. It operates on a Product-as-a-Service and Subscription Services model. Rentofurnished offers products and services including Furniture Rental, Appliance Rental, and Combo Packages. Its focus areas include Consumer Goods, Furniture and Rental Services. Its legal entity in India is Argil Ventures Private Limited (U74999UP2018PTC104807). Its competitors include Cityfurnish, GuaRented and Voorent; 3 of its 3 listed competitors have raised funding.
Company details
Furniture and home appliances are rented out for various residential needs in the Delhi NCR region. Services are provided across multiple categories including bedroom, living room, dining room, and study room setups. Customizable combo packages are offered to cater to different household sizes like 1 BHK, 2 BHK, and 3 BHK. Operations are focused on cities such as Noida, Gurgaon, and Ghaziabad, ensuring quick delivery within 24 hours. Affordable pricing and free maintenance are included in the rental solutions.
- Headquarters Noida, India
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website rentofurnished.com
- Social LinkedIn Facebook Instagram
- Legal Name Argil Ventures Private Limited
- Date of Incorporation 30 May, 2018
- Jurisdiction Ghaziabad, Uttar Pradesh, India
- Annual Revenue₹82,239
FY 2020 · +22% YoY
- Net Loss-₹15,175
FY 2020 · -18% margin
- EBITDA₹25,200
FY 2020 · 31% margin
Associated legal entities of Rentofurnished
Rentofurnished operates through Argil Ventures Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Argil Ventures Private Limited CIN U74999UP2018PTC104807 | Active | 30 May 2018 | Ghaziabad, Uttar Pradesh | ₹0.0 Cr | 2 | View details |
Products & Services of Rentofurnished
Rentofurnished offers a comprehensive portfolio of products and services, including Furniture Rental, Appliance Rental, and Combo Packages.
Furniture is rented for various room types.
Appliances are rented for household daily use.
Customizable combos are offered for multiple rooms.
Funding Insights of Rentofurnished
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Rentofurnished 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 |
|---|---|---|---|---|---|
| Jul 2024 | Angel Round | – | – |
1 investors in total: 0 institutional and 1 angel.
Investors in Rentofurnished
Rentofurnished has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Mahesh Kumar Gupta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
MK Mahesh Kumar Gupta | unknown_be4a766d00ed44c4a |
Investor details for Rentofurnished
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Board of directors of Argil Ventures Private Limited (Rentofurnished)
Argil Ventures Private Limited is the primary company behind Rentofurnished. The board of Argil Ventures Private Limited currently have 2 directors; the longest-serving is Vijay Kumar Kapur, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vijay Kumar Kapur DIN 07252538 | Director | 30 May 2018 | 8 yrs 5 mo | Argil Ventures Private Limited |
| Mahesh Kumar Gupta DIN 10803592 | Director | 10 Oct 2024 | 2 yrs | Argil Ventures Private Limited |
Financials of Rentofurnished
Figures of Argil Ventures Private Limited, the primary company behind Rentofurnished, for FY 2020. Revenue was ₹82,239 (+22% year on year). Net loss was -₹15,175 (-18% margin). EBITDA was ₹25,200 (31% margin).
- ₹82,239Revenue · FY 2020 · +22% YoY
- -₹15,175Net loss · -18% margin
- ₹25,200EBITDA · 31% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Argil Ventures Private Limited are on its company page.
Detailed financial statements for Rentofurnished
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Rentofurnished
2 dated milestones of Rentofurnished across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Rentofurnished is founded.
- Funding First funding round.
Competitors of Rentofurnished
Rentofurnished 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 Rentofurnished
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Rentofurnished
The website of Rentofurnished (rentofurnished.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▲ 54.6% vs previous month
Top companies in Home & Living Products
3 companies that operate in the same segment as Rentofurnished (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 35.34 B | 43,024 |
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Related news about Rentofurnished
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Frequently Asked Questions about Rentofurnished
Rentofurnished was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Rentofurnished is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
The primary company behind Rentofurnished, Argil Ventures Private Limited, reported revenue of ₹82,239 for FY 2020, up 22% year on year.
Furniture and home appliances are rented out for various residential needs in the Delhi NCR region. Services are provided across multiple categories including bedroom, living room, dining room, and study room setups. Customizable combo packages are offered to cater to different household sizes like 1 BHK, 2 BHK, and 3 BHK. Operations are focused on cities such as Noida, Gurgaon, and Ghaziabad, ensuring quick delivery within 24 hours. Affordable pricing and free maintenance are included in the rental solutions.
Rentofurnished's top competitors include Cityfurnish, GuaRented and Voorent.
Rentofurnished offers Furniture Rental, Appliance Rental, and Combo Packages.
Rentofurnished has 1 investor. Key investors include Mahesh Kumar Gupta.
Rentofurnished operates through Argil Ventures Private Limited.
The legal entities of Rentofurnished currently have 2 directors, including Mahesh Kumar Gupta, Vijay Kumar Kapur.