Lifestyle Rental Startup Rentickle Raises $250K in Angel Funding
Rentickle.com is a Delhi-based lifestyle rental startup, a one stop solution for easily renting furnitures, appliances and other home furnishing essentials for your rented house.
Founded in November 2015 in Delhi NCR, Rentickle.com is an online lifestyle rental startup dedicated to provide furnitures, appliances and other furnishing essentials on rent for your rented house. The startup has raised a $250K in an angel funding round. Industry players like Manish Kheterpal, Managing partner at WaterBridge Ventures, Mr Vinay Mittal, Chief Financial Strategy Officer of HT Media, Mr Dinesh Mittal, Chief Legal Counsel HT Media and Mr Sandeep Gupta, General Manager, Emerging Asia, Microsoft, Singapore participated in the round. AVA Foods Pvt Limited runs and manages the company.
Rentickle aims to enhance the lifestyle of consumers by providing lifestyle products on rental basis. Lifestyle rentals is a wide business in the West. However, in India, it is still a niche industry, which is dominated by local and small companies that provides used products to the consumers. On the other hand, Rentickle offers brand new products on rent.
In six months of time frame, Rentickle has offered services to diverse clients including students, young professionals, newly married couples, expats and corporate. The startup looks forward to expand its services across India. Rentickle also plans to step into baby products, elder care, adventure gear, sports equipment and may more.
- Rentickle.com, a Delhi-based lifestyle rental startup raises $250K in angel funding.
- Rentickle aims to enhance the lifestyle of consumers by providing lifestyle products on rental basis.