About SabRentKaro
SabRentKaro is a company based in Hyderabad (India) founded in 2015. SabRentKaro has raised $439.35 thousand across 2 funding rounds from investors including Dharmill Shah, Pramod Sambaraju and Prathyusha Apparasu. The company has 1 employees as of April 06, 2024. SabRentKaro operates in a competitive market with competitors including GrabonRent, Rentickle, Rentongo, Rentomo and WhatsOnRent, among others.
- Headquarter Hyderabad, India
- Employees 1 as on 06 Apr, 2024
- 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 Marketplace It Solutions Private Limited
- Date of Incorporation 19 Aug, 2015
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$546.8 K (USD)-28.7as on Mar 31, 2019
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Net Profit
-$256.51 K (USD)-64.25as on Mar 31, 2019
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EBITDA
-$216.35 K (USD)-65.97as on Mar 31, 2019
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Total Equity Funding
$439.35 K (USD)
in 2 rounds
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Latest Funding Round
$139.35 K (USD), Angel Round
Sep 21, 2016
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Investors
Cognition LLC
& 9 more
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Employee Count
1
as on Apr 06, 2024
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Funding Insights of SabRentKaro
SabRentKaro has successfully raised a total of $439.35K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $139.35 thousand completed in September 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 2
- Last Round Angel Round — $139,354
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First Round
First Round
(28 Aug 2015)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Angel Round - SabRentKaro | Valuation | Dharmill Shah | |
| Aug, 2015 | Amount | Seed - SabRentKaro | Valuation | Prathyusha Apparasu |
Investors in SabRentKaro
SabRentKaro has secured backing from 10 investors, including angel and institutional investors. Prominent investors backing the company include Dharmill Shah, Pramod Sambaraju and Prathyusha Apparasu.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Warehousing, transportation, and logistics services are provided by Cognition.
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Founded Year | Domain | Location | |
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DS
Dharmill Shah |
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|
Founded Year | Domain | Location |
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PS
Pramod Sambaraju |
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|
Founded Year | Domain | Location |
Investments & Acquisitions by SabRentKaro
Financial Statements - SabRentKaro
Sabrentkaro Comparisons
Competitors of SabRentKaro
SabRentKaro 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 GrabonRent, Rentickle, Rentongo, Rentomo and WhatsOnRent, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Functions as an online marketplace for renting multi-category products.
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| domain | founded_year | HQ Location |
Furniture and home appliances are rented via an online portal.
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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 |
Serves as a platform for renting products within users' trusted networks.
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| domain | founded_year | HQ Location |
Functions as an online platform for renting a variety of products conveniently.
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Latest news on Sabrentkaro
Frequently Asked Questions about SabRentKaro
SabRentKaro was founded in 2015.
SabRentKaro is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
SabRentKaro is a funded company, having raised a total of $439.35K across 2 funding rounds to date. The company's 1st funding round was a Seed of $300K, raised on Aug 28, 2015.
As of Apr 06, 2024, the latest employee count at SabRentKaro is 1.
Annual revenue of SabRentKaro is $546.8K as on Mar 31, 2019.
SabRentKaro lets users post ads for renting a wide variety of items including electronics, automobiles, furniture, etc. The firm takes care of insurance and delivery. Charges 5 of the rental value for a rental cycle. Handling charges apply to both Owner and Renter. Service Tax extra. Catering to Hyderabad, Vizag and Bangalore as of March 2016. Has raised 300k in angel funding from undisclosed investors in 2015.
SabRentKaro's top competitors include Rentickle, Rentongo and GrabonRent.
SabRentKaro has 10 investors. Key investors include Dharmill Shah, Pramod Sambaraju, Prathyusha Apparasu, Sriram Chatrathi, and Samarajya Laxmi Tadikonda.
The valuation of SabRentKaro is $1.55M as of Sep 2016.