About Rentomo
Rentomo is a company based in Bengaluru (India) founded in 2015 by Anshul Johri. It operates as a B2C. Rentomo has raised $100 thousand across 1 funding round from investors including Shiva Ashok. Rentomo operates in a competitive market with competitors including Rentickle, GrabonRent, Rentongo, Rentospot and Mutterfly, among others.
- Headquarter Bengaluru, India
- Founders Anshul Johri
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Rentomo Technologies Private Limited
- Date of Incorporation 13 Oct, 2015
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$576.08 (USD)372.31as on Mar 31, 2017
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Net Profit
$-5.31 K (USD)18.25as on Mar 31, 2017
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EBITDA
$-5.27 K (USD)18.87as on Mar 31, 2017
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Total Equity Funding
$100 K (USD)
in 1 rounds
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Latest Funding Round
$100 K (USD), Seed
Jan 12, 2016
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Investors
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Employee Count
Employee Count
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Funding Insights of Rentomo
Rentomo has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in January 2016. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $100,000
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First Round
First Round
(12 Jan 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Seed - Rentomo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rentomo
Rentomo has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Shiva Ashok. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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SA
Shiva Ashok |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rentomo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Rentomo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rentomo Comparisons
Competitors of Rentomo
Rentomo 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 Rentickle, GrabonRent, Rentongo, Rentospot and Mutterfly, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Furniture and home appliances are rented via an online portal.
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| domain | founded_year | HQ Location |
Functions as an online marketplace for renting multi-category products.
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| domain | founded_year | HQ Location |
Rentongo is a digital marketplace for renting various goods.
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| domain | founded_year | HQ Location |
Operates an online rental marketplace for a wide range of consumer products.
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| domain | founded_year | HQ Location |
Operates a horizontal peer-to-peer online platform for renting various items.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Rentomo
When was Rentomo founded?
Rentomo was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Rentomo located?
Rentomo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Rentomo a funded company?
Rentomo is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Jan 12, 2016.
What is the annual revenue of Rentomo?
Annual revenue of Rentomo is $576.08 as on Mar 31, 2017.
What does Rentomo do?
Rentomo, established in 2015 and currently in Dissolved stage, focuses on providing essential services, sharing economy, rental platforms, and product rentals. Serves as a platform for renting products within users trusted networks. Adapting to market demands with innovation and client-focused strategies.
Who are the top competitors of Rentomo?
Rentomo's top competitors include Rentickle, Rentongo and GrabonRent.
Who are Rentomo's investors?
Rentomo has 1 investor. Key investors include Shiva Ashok.