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
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Condivision Solutions Private Limited
- Date of Incorporation 10 Jun, 2013
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$87.39 K (USD)51.64as on Mar 31, 2019
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Net Profit
$-112.19 K (USD)45.48as on Mar 31, 2019
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EBITDA
$-63.96 K (USD)36.89as on Mar 31, 2019
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Total Equity Funding
$400.73 K (USD)
in 3 rounds
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Latest Funding Round
$78.85 K (USD), Seed
Jan 04, 2018
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Investors
TVS Motor Company
& 11 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 3
- Last Round Seed — $78,849
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First Round
First Round
(20 Nov 2015)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Seed - Rentongo | Valuation | TVS Motor Company |
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| Apr, 2017 | Amount | Seed - Rentongo | Valuation | TVS Motor Company |
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| Nov, 2015 | Amount | Angel Round - Rentongo | Valuation | Payal Manaktala |
| 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 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. 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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Two-wheeler and three-wheeler vehicles are manufactured, including bikes and scooters.
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Founded Year | Domain | Location | |
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RS
Rajesh Sawhney |
Founder of GSF Accelerator, angel investor, ex-President of Reliance Entertainment
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Founded Year | Domain | Location |
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AC
Anand Chandrasekaran |
Angel investor, ex-Snapdeal CPO, invests in Indian startups
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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.
|
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 Rentongo
| 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 - Rentongo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| 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 |
Rentongo Comparisons
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. 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 |
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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| domain | founded_year | HQ Location |
Peer-to-peer platform for uploading and viewing rentable items online.
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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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Latest news on Rentongo
Frequently Asked Questions about Rentongo
When was Rentongo founded?
Rentongo was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Where is Rentongo located?
Rentongo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Rentongo a funded company?
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 20, 2015.
What is the annual revenue of Rentongo?
Annual revenue of Rentongo is $87.39K as on Mar 31, 2019.
What does Rentongo do?
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.
Who are the top competitors of Rentongo?
Rentongo's top competitors include Rentickle, GrabonRent and Mutterfly.
Who are Rentongo's investors?
Rentongo has 12 investors. Key investors include TVS Motor Company, Rajesh Sawhney, Anand Chandrasekaran, Shivanandan Pare, and Kalpana Tatavarti.
What is Rentongo's valuation?
The valuation of Rentongo is $1.12M as of Jan 2018.