Rentomo company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

rentomo.com

Stage

Angel | Alive

Total Raised

$100K

Last Raised

$100K | 7 yrs ago

About Rentomo

Rentomo, founded in 2015, is a platform that enables its users to borrow things from people nearby on a rented price. It allows users to borrow/rent everyday items they may occasionally need, like a drill, ladder, camera, bicycle, travel bag etc. to someone in their trusted network.

Rentomo Headquarter Location

Bengaluru,

India

+91 85 50 87 9001

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Rentomo News

India Dealbook: Perfumery raises $30K from Oranda Global; Rentomo gets $100K in seed funds

Feb 5, 2016

ishita@dealstreetasia.com February 5, 2016: &nbsp Online perfume retailing startup Perfumery has raised $30k from Oranda Global along with angel investors to fund its second phase of growth. Meanwhile, renting/borrowing platform Rentomo has received $100k seed funding from angel investors. Perfumery raises $30K seed funding from Oranda Global, others Online perfume retailer Perfumery has raised $30,000 as seed funding led by Delhi-based Oranda Global and other angel investors. The firm, which started operations almost six month ago, plans to use the capital for its second phase of expansion and creation of a specialised marketplace dedicated to luxury perfumes. The startup was founded in August 2015, by Mohit Khatri, Tushar Patel and Shaurya Kiran, while its website was launched last month. Perfumery, which provides specialised sampling services for high end luxury fragrances, claims to have grossed sales of over Rs 4 lakh. “The Phase 2 of Perfumery’s expansion will be focused on ‘Designer’ where other online sellers will be allowed to register their listings of fragrances. To ensure uniformity in price, we ensure one product is sold by one seller and therefore no price war,” Mohit Khatri, founder of Perfumery said. Angel investors pump $100K  seed funding into Rentomo Bengaluru-based Rentomo has raised a seed funding of $100K from angel investor Shiva Ashok and a UAE-based investor, the company said, in a statement Rentomo is a platform for users to borrow/rent regular items from each other, through its website or app. The startup launched the public beta version in August 2015, an recently launched its android mobile app. The company claims to have got over 4,000 verified registered users, more than 300 listings, and closed around 250 transactions, so far. It plans to touch a user base to 10,000 in next three months and 2,500 items listed on the platform. It also plans to add payment, delivery and insurance of items soon.

  • Where is Rentomo's headquarters?

    Rentomo's headquarters is located at Bengaluru.

  • What is Rentomo's latest funding round?

    Rentomo's latest funding round is Angel.

  • How much did Rentomo raise?

    Rentomo raised a total of $100K.

  • Who are the investors of Rentomo?

    Investors of Rentomo include Shiva Ashok.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.