About RentSher
RentSher is a company based in Bengaluru (India) founded in 2014. It operates as a P2P. RentSher has raised $1.83 million across 3 funding rounds from investors including Shorooq Partners, Latitude Consultants and Manish Agarwal. The company has 12 employees as of March 31, 2019. RentSher operates in a competitive market with competitors including Bragpacker, Laptop First, Trabug, Truetech Services and Play Eazy, among others.
- Headquarter Bengaluru, India
- Employees 12 as on 31 Mar, 2019
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$776.77 K (USD)0as on Mar 31, 2019
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Net Profit
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EBITDA
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Total Equity Funding
$1.83 M (USD)
in 3 rounds
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Latest Funding Round
$1.1 M (USD), Seed
Aug 28, 2018
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Investors
Shorooq Partners
& 21 more
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Employee Count
12
as on Mar 31, 2019
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Funding Insights of RentSher
RentSher has successfully raised a total of $1.83M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.1 million completed in August 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 — $1.1M
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First Round
First Round
(15 Feb 2016)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Seed - RentSher | Valuation | Shorooq Partners , Latitude Consultants | |
| Jun, 2017 | Amount | Seed - RentSher | Valuation | Latitude Consultants | |
| Feb, 2016 | Amount | Seed - RentSher | Valuation | Vaibhav Doshi |
Investors in RentSher
RentSher has secured backing from 22 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Shorooq Partners, Latitude Consultants and Manish Agarwal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage investments in tech companies are made by Shorooq Partners.
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Founded Year | Domain | Location | |
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Offers training, coaching, and consulting to enhance business processes and employee development.
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Founded Year | Domain | Location | |
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MA
Manish Agarwal |
Founder of Nazara Technologies, prominent angel investor in Indian startups
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Founded Year | Domain | Location |
Investments & Acquisitions by RentSher
Financial Statements - RentSher
Rentsher Comparisons
Competitors of RentSher
RentSher 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 Bragpacker, Laptop First, Trabug, Truetech Services and Play Eazy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides online rental and purchase of photography, travel, and outdoor gear for consumers.
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| domain | founded_year | HQ Location |
Offers monthly laptop subscriptions with curated devices for startup productivity.
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| domain | founded_year | HQ Location |
Online platform for renting portable WiFi hotspots.
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| domain | founded_year | HQ Location |
Provides laptops and computers on rent for business needs with delivery and support services.
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| domain | founded_year | HQ Location |
Offers rental of gaming consoles, games, accessories, and VR gadgets in Mumbai.
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Frequently Asked Questions about RentSher
RentSher was founded in 2014 and raised its 1st funding round 2 years after it was founded.
RentSher is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
RentSher is a funded company, having raised a total of $1.83M across 3 funding rounds to date. The company's 1st funding round was a Seed of $302.33K, raised on Feb 15, 2016.
As of Mar 31, 2019, the latest employee count at RentSher is 12.
Annual revenue of RentSher is $776.77K as on Mar 31, 2019.
RentSher rentsher operates an online peer-to-peer marketplace for renting electronic products, focusing on operating online marketplaces, marketplaces, providing rental services, and electronics rental. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
RentSher's top competitors include Bragpacker, Trabug and Laptop First.
RentSher has 22 investors. Key investors include Shorooq Partners, Latitude Consultants, Manish Agarwal, Anshul Srivastava, and Abhay Muthal.
The valuation of RentSher is $2.99M as of Aug 2018.