About Rentongo
Rentongo is a company based in Bengaluru (India) founded in 2012 by Vikash Jalan. It operates as a B2C. Rentongo has raised $400.73 thousand across 3 funding rounds from investors including TVS Motor Company, Rajesh Sawhney and Anand Chandrasekaran. Rentongo operates in a competitive market with competitors including Rentickle, GrabonRent, Rentospot, Mutterfly and Rentezee, among others.
- Headquarter Bengaluru, India
- Founders Vikash Jalan
- Stage Minicorn
- SectorsRetail
- Website rentongo.com
- Social X Facebook
- Legal Name Condivision Solutions Private Limited
- Date of Incorporation 10 Jun, 2013
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹62.4 Lakh
FY 2019 · +52% YoY
- Net Loss-₹80.1 Lakh
FY 2019 · -128% margin
- EBITDA-₹45.7 Lakh
FY 2019 · -73% margin
- Total Equity Funding$400.73K (USD)
in 3 rounds
- Latest Funding Round$78.85K (USD), Seed
Jan 2018
- InvestorsTVS Motor Company
& 11 more
Associated legal entities of Rentongo
Rentongo operates through Condivision Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Condivision Solutions Private Limited CIN U72200KA2013PTC069608 | Active | 10 Jun 2013 | Bangalore, Karnataka | ₹0.6 Cr | – | 2 | View details |
Funding Insights of Rentongo
Rentongo has successfully raised a total of $400.73K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $78.85 thousand completed in January 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 $400,725
- Total Rounds 3
- Last Round Seed — $78,849
- First Round $89,751
(Nov 2015)
- Investors Count 12
All 3 funding rounds of Rentongo 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 |
|---|---|---|---|---|---|
| Jan 2018 | $78,849 | Seed | $1.12M | TVS Motor Company | – |
| Apr 2017 | $232,125 | Seed | $1.01M | TVS Motor Company | – |
| Nov 2015 | $89,751 | Angel Round | $••••• | Payal Manaktala |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2018 | $1.12M | •••••••• |
| Apr 2017 | $1.01M | •••••••• |
Last known valuation $1.12M (Jan 2018). 12 investors in total: 1 institutional and 11 angel.
Investors in Rentongo
Rentongo has secured backing from 12 investors, including institutional and angel investors. Prominent investors backing the company include TVS Motor Company, Rajesh Sawhney and Anand Chandrasekaran.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Two-wheeler and three-wheeler vehicles are manufactured, including bikes and scooters. | 1911 | tvsmotor.com | Hosur, India | |
RS Rajesh Sawhney | Founder of GSF Accelerator, angel investor, ex-President of Reliance Entertainment | – | unknown_a930b5ceb8f0425eb | - |
AC Anand Chandrasekaran | Angel investor, ex-Snapdeal CPO, invests in Indian startups | – | unknown_e441e6d353014117b | - |
SP Shivanandan Pare | - | – | unknown_698eb40fc1e4440b8 | - |
KT Kalpana Tatavarti | - | – | unknown_eeb3d5e62c55472a9 | - |
PM Payal Manaktala | - | – | unknown_7529b161eb374b5fa | - |
SP Seshadri P S | - | – | unknown_261b0a13379f4d828 | - |
BS Bhabani Shankar | - | – | unknown_3792b3e8b7454b019 | - |
GV Gunjan Varshney | - | – | unknown_4a536b69a0a845a8b | - |
VM Vaibhav Mehro | - | – | unknown_825f36f712664afab | - |
Investor details for Rentongo
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 Condivision Solutions Private Limited (Rentongo)
Condivision Solutions Private Limited is the primary company behind Rentongo. The board of Condivision Solutions Private Limited currently have 2 directors; the longest-serving is Nikhil Chhabra, appointed in 2013. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nikhil Chhabra DIN 06580104 | Director | 10 Jun 2013 | 13 yrs 3 mo | Condivision Solutions Private Limited |
| Vikash Jalan DIN 07166388 | Director | 24 Apr 2015 | 11 yrs 5 mo | Condivision Solutions Private Limited |
People of Rentongo
1 people are tracked at Rentongo (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CTO | Leadership |
Complete people profiles for Rentongo
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 Rentongo
Figures of Condivision Solutions Private Limited, the primary company behind Rentongo, for FY 2019. Revenue was ₹62.4 Lakh (+52% year on year). Net loss was -₹80.1 Lakh (-128% margin). EBITDA was -₹45.7 Lakh (-73% margin). Revenue has grown at a compounded annual rate of +60% over three years and +107% over five years.
- ₹62.4 LakhRevenue · FY 2019 · +52% YoY
- -₹80.1 LakhNet loss · -128% margin
- -₹45.7 LakhEBITDA · -73% margin
- ₹2.3 LakhPaid-up capital
- +60%Revenue CAGR, 3 years
- +107%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Condivision Solutions Private Limited are on its company page.
Detailed financial statements for Rentongo
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 Rentongo
4 dated milestones of Rentongo across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Rentongo is founded.
- Funding First funding round of $90K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $79K.
Competitors of Rentongo
Rentongo 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, Rentospot, Mutterfly and Rentezee, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rentickle.com | 2015 | Delhi, India | $3.7M | 66 | Furniture and home appliances are rented via an online portal. | |
| grabonrent.com | 2015 | Bengaluru, India | $5.8M | 1 | Functions as an online marketplace for renting multi-category products. | |
| rentospot.com | 2018 | Kozhikode, India | – | – | Operates an online rental marketplace for a wide range of consumer products. | |
| mutterfly.in | 2015 | Mumbai, India | – | – | Operates a horizontal peer-to-peer online platform for renting various items. | |
| rentezee.com | 2016 | Delhi, India | – | – | Peer-to-peer platform for uploading and viewing rentable items online. | |
| rentalitnow.com | 2021 | Bengaluru, India | – | – | Operates an online peer-to-peer rental platform for various product categories. | |
| jugaadle.com | 2022 | Indore, India | – | – | Jugaadle operates an online platform for renting multi-category products. | |
| rentit4me.com | 2021 | Gurugram, India | – | 3 | Online platform for renting and listing automobiles, furniture, and electronics services. |
Detailed competitors of Rentongo
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 Rentongo
Websites that share an audience with Rentongo (rentongo.com).
Websites whose visitors overlap most with Rentongo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| facebook.com | 100% | 12.1B | #3 | View details | |
365rental.com | 365rental.com | 100% | – | – | – |
| grotal.com | 69% | 144.5K | #291,698 | View details |
Latest news on Rentongo
Complete news archive for Rentongo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Rentongo
10 companies that operate in the same segment as Rentongo (Customized, Niche & Rental E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Delivers web development, mobile apps, and digital marketing solutions to businesses worldwide. | 2009 | Kolkata, West Bengal, India | – | USD 3.4 M | 326 | |
Functions as an online marketplace for renting multi-category products. | 2015 | Bengaluru, Karnataka, India | USD 5.8 M | USD 1.38 M | 44 | |
Offers mobile app development, web services, and IT solutions to clients globally. | 2016 | Surat, Gujarat, India | – | – | – | |
Provides custom eCommerce development, platforms, and marketing tools for businesses. | 2014 | Chennai, Tamil Nadu, India | – | – | – | |
Provides mobile app development, website creation, and software solutions for clients worldwide. | 2015 | Nagercoil, Tamil Nadu, India | – | – | – | |
Provides software development, ecommerce, and cloud services to businesses worldwide. | 1997 | Mumbai, Maharashtra, India | – | – | – | |
Provides mobile app, web development, and digital marketing services globally. | 2012 | Delhi, Delhi, India | – | USD 99.88 K | – | |
Online platform for graphic design contests, hiring designers, and AI tools. | 2012 | Delhi, Delhi, India | – | USD 1.86 M | – | |
Provides web development, mobile apps, and consulting services for businesses. | 2012 | Ahmedabad, Gujarat, India | – | USD 1.57 M | 7 | |
Online platform for buying customized VIP and fancy mobile numbers. | 2014 | Thane, Maharashtra, India | – | – | – |
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Frequently Asked Questions about Rentongo
Rentongo was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Rentongo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rentongo is a funded company, having raised a total of $400.73K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $89.75K, raised on Nov 2015.
The primary company behind Rentongo, Condivision Solutions Private Limited, reported revenue of ₹62.4 Lakh for FY 2019, up 52% year on year.
Rentongo, established in 2012 and currently in Dissolved stage, focuses on operating online marketplaces, marketplaces, providing rental services, and goods rental. Rentongo is a digital marketplace for renting various goods. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
Rentongo's top competitors include Rentickle, GrabonRent and Mutterfly.
Rentongo has 12 investors. Key investors include TVS Motor Company, Rajesh Sawhney, Anand Chandrasekaran, Shivanandan Pare, and Kalpana Tatavarti.
The valuation of Rentongo is $1.12M as of Jan 2018.
Rentongo operates through Condivision Solutions Private Limited.
The legal entities of Rentongo currently have 2 directors, including Vikash Jalan, Nikhil Chhabra.