RentSher

Bengaluru, India Founded: 2014 • Age: 12 yrs Minicorn
RentSher operates an online peer-to-peer marketplace for renting electronic products.

About RentSher

RentSher was a Retail company based in Bengaluru (India) founded in 2014. RentSher operates an online peer-to-peer marketplace for renting electronic products. It operates on a P2P model. 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. RentSher was last valued at $2.99 million in August 2018. The company is recorded as dissolved. Its focus areas include E-commerce, Marketplaces, Rental Services and Electronics Rental. Its competitors include Bragpacker, Laptop First, Trabug, Truetech Services and Play Eazy and 1 more.

Company details

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.

  • Headquarters Bengaluru, India
  • Employees 12
  • Stage Minicorn
  • Sectors
    Retail
  • Website rentsher.com
  • Social X
Key Metrics
  • Annual Revenue
    $776.77 K (USD)
    0
    as on Mar 31, 2019
  • Total Equity Funding
    $1.83M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.1M (USD), Seed

    Aug 2018

  • Investors
  • Employee Count
    12

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 $1.83M
  • Total Rounds 3
  • Last Round Seed β€” $1.1M
  • First Round $302,326

    (Feb 2016)

  • Investors Count 22

All 3 funding rounds of RentSher with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2018$1.1MSeed$2.99MShorooq Partners, Latitude Consultants
Jun 2017$424,457Seed$3.12MLatitude Consultants
Feb 2016$302,326Seed–Vaibhav Doshi
Valuation history
DateValuationStage
Aug 2018$2.99Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2017$3.12Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.99M (Aug 2018). 22 investors in total: 2 institutional and 20 angel.

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.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Early-stage investments in tech companies are made by Shorooq Partners.
2016shorooq.comAbu Dhabi, United Arab Emirates
Offers training, coaching, and consulting to enhance business processes and employee development.
2012latitudeconsultants.com-

Manish Agarwal

Founder of Nazara Technologies, prominent angel investor in Indian startups
–unknown_d49b9b5e701d4dfe8-

Anshul Srivastava

-
–unknown_fb1e79095c954a6ca-

Abhay Muthal

-
–unknown_3b273919ec374f41b-

Santosh Vasudevan

-
–unknown_edcf9ee5427d4704b-

Aliasgar Rampurwala

-
–unknown_147eecac2c044b439-

Sushil Asar

-
–unknown_2014bf4afffb47109-

Krishnan Akhileswaran

CFO at Apollo Hospitals, experienced in healthcare and finance, active angel investor
–unknown_7f41f8ea5d2a46e69-

Ravishankar G

Angel investor, ex-entrepreneur, focused on Indian startups in tech and consumer sectors.
–unknown_bbbedd5cc8a347489-
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Investor details for RentSher

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Board of directors of RentSher

The boards of the 2 registered companies of RentSher currently have 4 directors; the longest-serving is Doshi Vaibhav, appointed in 2016. 17 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Doshi Vaibhav
DIN 07479989
Director25 Mar 201610 yrs 6 moRentsher Online Rentals Private Limited
Anuj Midha
DIN 08612007
Director16 Nov 20196 yrs 11 moRentsher Online Rentals Private Limited
Geeta Sethi
DIN 10046451
Additional Director28 Mar 20233 yrs 6 moRsin Flexirentals Private Limited
Ashish Gandhi
DIN 09819105
Director08 Jul 20251 yr 3 moRsin Flexirentals Private Limited

Financials of RentSher

Figures of Rentsher Online Rentals Private Limited, the primary company behind RentSher, for FY 2019. Revenue was ₹4.65 Cr (+80% year on year). Net loss was -₹2.03 Cr (-44% margin). EBITDA was -₹1.97 Cr (-42% margin). Revenue has grown at a compounded annual rate of +138% over three years.

  • ₹4.65 CrRevenue · FY 2019 · +80% YoY
  • -₹2.03 CrNet loss · -44% margin
  • -₹1.97 CrEBITDA · -42% margin
  • ₹3.3 LakhPaid-up capital
  • 12Employees (provident fund records)
  • +138%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Rentsher Online Rentals Private Limited are on its company page.

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Detailed financial statements for RentSher

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of RentSher

4 dated milestones of RentSher across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded RentSher is founded.
  2. Funding First funding round of $302K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $1.1M.

Competitors of RentSher

RentSher has 6 listed competitors in our database. They include Bragpacker, Laptop First, Trabug, Truetech Services and Play Eazy, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bragpacker.com2016Mumbai, India––
Provides online rental and purchase of photography, travel, and outdoor gear for consumers.
laptopfirst.in2023Delhi, India––
Offers monthly laptop subscriptions with curated devices for startup productivity.
trabug.com2016Sahibzada Ajit Singh Nagar, India––
Online platform for renting portable WiFi hotspots.
truetechservices.in2014Gurugram, India––
Provides laptops and computers on rent for business needs with delivery and support services.
playeazy.com2023Mumbai, India––
Offers rental of gaming consoles, games, accessories, and VR gadgets in Mumbai.
vansaya.in2024Delhi, India––
A platform offering high-quality consumer electronic audio products.
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Detailed competitors of RentSher

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Top companies in Consumer Electronics E-Commerce

10 companies that operate in the same segment as RentSher (Consumer Electronics E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital entertainment, e-commerce, and financial services are provided globally.
2006SingaporeUSD 721.47 MUSD 22.94 B80,700
VR-based head-mounted displays for gaming are provided by Oculus.
2012Menlo Park, California, United StatesUSD 107.05 M––
Refurbished and new gadgets are offered through an online marketplace.
2009Gurugram, Haryana, IndiaUSD 130.05 MUSD 99.25 M1,264
Internet first brand offering wearable breast pumps
2013London, England, United KingdomUSD 157.63 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Multi-category consumer electronics are offered through an internet-first model.
2010Beijing, ChinaUSD 1.45 BUSD 63.71 B43,690
Health-tracking smart rings and biosensors are developed for biometric monitoring.
2013Oulu, North Ostrobothnia, FinlandUSD 1.32 B––
Personal audio products, wearables, and mobile accessories are retailed.
2016Gurugram, Haryana, IndiaUSD 171.3 MUSD 366.28 M471
Smartwatches and fitness trackers are provided for activity monitoring.
2007San Francisco, California, United StatesUSD 65.05 MUSD 3.88–
Energy-efficient ceiling fans and smart home appliances are provided.
2012Mumbai, Maharashtra, IndiaUSD 119.2 MUSD 101.01 M770
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Related news about Rentsher

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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 2016.

RentSher has 12 employees.

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.

RentSher is associated with 2 legal entities: Rentsher Online Rentals Private Limited, Rsin Flexirentals Private Limited.

The legal entities of RentSher currently have 4 directors, including Doshi Vaibhav, Anuj Midha, Geeta Sethi and others.

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