Rentkar Expansion Stage quantam rental solutions pvt ltd Switch to Share

Leasing and rental

Employees

11-50

Branch/Offices Locations

Mumbai

Incorporated at

India , 2019

Corporate Office

Mumbai

Platform
WFC
Updated: 18 Sep' 2024
Approved: 18 Sep' 2024
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Product Description

Today a 25-30-year-old is still not sure of what city they want to settle down in, yet they want to have access to everything even though it may not be in line with their income. They don’t want to wait for three years to buy it. This is why the demand for the access economy is growing,”- LiveMint Rentkar is not just a rental service; it's a paradigm shift in how we perceive ownership. With a robust inventory spanning from high-end gaming consoles to electric vehicles and furniture, we cater to the diverse needs of our 90k+ customers. Our platform, currently operational in Mumbai, Delhi, Bangalore, and Pune, hosts over 3500 products, all conveniently accessible through a user-friendly interface. Rentkar has already generated 8+Cr since its inception, This year FY 24-25 we plan to do 10cr +


Startup Description

Rentkar's inception stems from the personal experiences of its founders, Tanuj Agarwal, Mudit Golecha, and Aditya Kudale. During their college days, they faced the challenge of affording high-quality products like laptops, electric guitars, and gaming consoles. Turning adversity into opportunity, they began sharing their own possessions amongst themselves and fellow students. As demand surged, they recognized the untapped potential in the sharing economy. However, it was the unforeseen lockdown that catalyzed Rentkar's meteoric rise. What began as a simple act of sharing among friends blossomed into a full-fledged venture, revolutionizing the way products are accessed and utilized. Rentkar - Switch to share serves as a trusted peer to peer rental platform where you can sublease your underutilized items aorund the city and earn at ease. Your favorite musical instrument your father's favorite camera or your brother's beloved gaming console is now just a few clicks away. Our mission is to alleviate the impact of overconsumption and assist our consumers to occupy a brighter lifestyle and explore to the core.


Product Screenshots


Business Model

Our catalog includes a wide array of products, such as PlayStation 5 with over 300 games, drones, VR sets, laptops, MacBooks, gaming PCs, iPads, TVs, electric vehicles, OLA S1X + musical instruments, and more. Notably, our offerings are priced competitively, making luxury items like electric guitars accessible for as low as 500/month. We are fighting a new for you to use a product.


Customers based in

India

Business Modal Type

Marketplace

Type of Sales

B2C, B2B2C, B2B

Competitors

* Rentomojo * Furlenco * Sharepal

Teams

Tanuj Agarwal

Ceo / Co-Founder

Mudit Golecha

CFO, Admin

Aditya Kudale

coo/clo

Tell us a bit about how founding team knows each other.

Rentkar's inception stems from the personal experiences of its founders, Tanuj Agarwal, Mudit Golecha, and Aditya Kudale. During their college days, they faced the challenge of affording high-quality products like laptops, electric guitars, and gaming consoles. Turning adversity into opportunity, they began sharing their possessions among themselves and fellow students. As demand surged, they recognized the untapped potential of the sharing economy.

Why did you decide to start this company?

While delivering products, we noticed that every household bought many items that were underutilized and could have been shared with someone in need.

Are all the founders full-time on this project?

Yes

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