About Voorent
Voorent is a company based in Gurugram (India) founded in 2016 by Shivam Saxena, Sudarshan Singh, and Prasoon Sharma. Voorent has raised $169.16 thousand across 3 funding rounds from investors including Amity University, Core Value Technologies and Dhanu Das. Voorent operates in a competitive market with competitors including Cityfurnish, GuaRented, FreQuip, Rentity and RentMacha, among others.
- Headquarter Gurugram, India
- Founders Shivam Saxena, Sudarshan Singh, Prasoon Sharma
- Stage Minicorn
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Sectors
Consumer
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Voorent Private Limited
- Date of Incorporation 14 Sep, 2016
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$160.37 K (USD)147.1as on Mar 31, 2020
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Net Profit
-$15.45 K (USD)19.36as on Mar 31, 2020
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EBITDA
$3.44 K (USD)228.35as on Mar 31, 2020
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Total Equity Funding
$169.16 K (USD)
in 3 rounds
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Latest Funding Round
$33.03 K (USD), Seed
Dec 22, 2021
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Investors
Amity University
& 5 more
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Employee Count
Not available
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Funding Insights of Voorent
Voorent has successfully raised a total of $169.16K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $33.03 thousand completed in December 2021. 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.
Investors in Voorent
Voorent has secured backing from 6 investors, including institutional and angel investors. Prominent investors backing the company include Amity University, Core Value Technologies and Dhanu Das.
| Investor | Description | Founded Year | Domain | Location |
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University offering UG & PG courses across medical, IT, and other streams
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Locked | Locked | Locked | |
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Delivers advisory and engineering consulting solutions.
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Locked | Locked | Locked | |
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Dhanu Das |
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Investor details for Voorent
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Investments & Acquisitions by Voorent
Investment portfolio details for Voorent
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Financial Statements - Voorent
Detailed financials for Voorent
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Voorent Comparisons
Peer comparison for Voorent
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Competitors of Voorent
Voorent 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 Cityfurnish, GuaRented, FreQuip, Rentity and RentMacha, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Multi-category home improvement products are rented via an online platform.
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Online service provider for rental products
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Home furnishings are rented online for minimum six-month terms.
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Luxury home improvement and electronics products are rented online.
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Furniture and appliances are rented online in Mumbai.
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Detailed competitors of Voorent
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Latest news on Voorent
Complete news archive for Voorent
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Frequently Asked Questions about Voorent
Voorent was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Voorent is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Voorent is a funded company, having raised a total of $169.16K across 3 funding rounds to date.
Annual revenue of Voorent is $160.37K as on Mar 31, 2020.
Voorent was established in 2016 in Gurugram, India, as an online rental platform focused on home improvement items. A range of products, including mattresses, dressing tables, sofas, wardrobes, center tables, and refrigerators, is provided for rental. Operations center on facilitating access to household goods through digital means, serving customers in the residential sector across the region.
Voorent's top competitors include Cityfurnish, GuaRented and FreQuip.
Voorent has 6 investors. Key investors include Amity University, Core Value Technologies, Dhanu Das, Mandeep M Singh, and Mohandeep Singh.
The valuation of Voorent is $1.09M as of Dec 2021.