14 Best Rental Startups In India, You Must Know
Best Rental Startups In India: Rental startups are becoming quite famous in the current Indian or Asian market. Now, for people who have no idea of what a rental startup is we will explain it to them. Rental startups focus more on the service industry. These companies facilitate a way for their customers to experience the product or service without actually owning it.
Ola is a great example of a rental startup that has become famous in today’s Indian market. Interestingly, we can see that Ola is a cab-booking company but, does not own a single car in any market. This is a perfect example of a rental company.
Now, over the years we have seen many such companies coming up to help customers. Today, you have such companies working for you in any field possible. By just clicking on your phone you can cut your hair, order food, send gift items, and many more. Further, in this article, we will talk about some of the top rental startups in India.
List of Top 14 Best Rental Startups in India
Here is our list of top rental startups in India:-
Furlenco
We definitely have watched advertisements for this particular company. It is a Bangalore-based furniture rental startup. It has been in the Indian market for the past 11 years and saw huge growth instantly.
| Founded | 2012 |
| Founder & CEO | Ajith Mohan Karimpana |
| Headquarters location | Bangalore, India |
| Funded Type | Series D |
| Operation Cities | Bangalore, Mumbai, Pune, Delhi, Gurugram, Noida, and many more |
Shuffl
Just like its name, the company works with its products. Interestingly, you can rent almost anything from anyone on this platform. If you are willing to borrow a car from someone willing to rent you can just do that using this platform.
| Founded | 2020 |
| Founder | Arun Pratab Singh |
| Headquarters | Bangalore |
| Funded Type | Not available |
| Operation City | Bangalore |
Zoomcar
When we spoke of the famous Ola why not take another car-renting company? Using this platform one can easily rent a car for personal use. Interestingly, you can rent a car for someone else as well. Other than that, the customer service of this company is superior.
| Founded | 2013 |
| Founder | Greg Morgan, David Back |
| Headquarters | Bangalore |
| Funded type | Series E |
| Operational Cities | Bangalore, Delhi, Kolkata, Mumbai, Chennai, Noida, Hyderabad, and many more. |
99 acres
This is one of the famous rental startups when it comes to land and property. Buying and selling of land and properties became easier when 99 acres was launched.
| Founded | 2005 |
| Founder | Sanjeev Bikhchandani |
| Headquarters | Noida |
| Funded type | NA |
| Operational Cities | Kolkata, Mumbai, Noida, Hyderabad, Pune, Delhi, and many more |
NoBroker
NoBroker is another indirect competitor of 99Acres. This platform is used to rent a flat, post advertisements for your flat, hostel, and many more. Interestingly, the subsidiary of this rental company is Mass IT Channel Private Limited.
| Founded | 2014 |
| Founders | Amith Kumar Agarwal, Saurabh Garg, Akhil Gupta |
| Headquarters | Bangalore |
| Funded type | General Atlantic and Moore Strategic Ventures |
| Operational Cities | Bangalore, Mumbai, Pune, National Capital Region, Kolkata, and many more |
Myles
Myles is a famous subscription-based car-sharing company started in India. It is one of the first car-renting companies that started self-driving options for customers.
| Founded | 2013 |
| Founders | Sakshi Vij |
| Headquarters | New Delhi |
| Funded type | Not available |
| Operational Cities | New Delhi, Mumbai, Pune, Noida, Gurugram, Bangalore, and many more |
NestAway
NestAway is another direct competitor of NoBroker and 99Acres. It is one of the best rooms, flats, and hostels renting companies available in India. Currently, the company is seeking rapid growth in the Asian market.
| Founded | 2015 |
| Founders | Deepak Dhar, Amarendra Sahu, Jitendra Jagadev, Smruti Parida |
| Headquarters | Karnataka |
| Funded Type | Series D round |
| Operational Cities | Bangalore, Delhi, Faridabad, Ghaziabad, Hyderabad, Mumbai, Pune, and many more |
MagicBricks
This is another great rental startup doing quite well in India. Currently, this company is the wholly owned subsidiary of Bennett, Coleman & Company. This is a user-friendly platform for users who are looking for land, property, hostels, flats, and many more.
| Founded | 2006 |
| Founders | The Times Group |
| Headquarters | Noida |
| Funded type | Times Internet |
| Operational Cities | Mumbai, Noida, Chennai, Kolkata, Hyderabad, Pune, Thane, and many more |
OYO
You may have used their service but, you surely do not know the full form. OYO means On Your Own founded by Ritesh Agarwal. The company is doing quite well when it comes to world business.
| Founded | 2013 |
| Founder | Ritesh Agarwal |
| Headquarters | Gurgaon |
| Funded Type | Qatar Insurance Company and Microsoft |
| Operational Cities | All over India, Europe, and America |
Fairpockets
Fairpockets is quite similar to some e-commerce websites like Flipkart and Amazon. It is an online buy-and-sell property search website. If you are looking for a property at any place then do not forget to visit Fairpockets.
| Founded | 2017 |
| Founders | Ritesh Anand and Rumki Sengupta |
| Headquarters | Noida |
| Funded Type | Not available |
| Operational Cities | Allahabad, Noida, Ahmedabad, Baroda, Bangalore, Chennai, and many more |
Housing
Housing is another real estate search website or platform. This platform has been founded quite recently by three founders. Interestingly, this platform allows customers to search for houses, or properties based on their geography, rooms, and various other parameters.
| Founded | 2012 |
| Founders | Rahul Yadav, Snehil Buxy, and Ravish Naresh |
| Headquarters | Gurugram |
| Funded Type | IIT |
| Operational Cities | Bangalore, Kolkata, Chennai, Mumbai, Pune, Kochi, and many more |
Portea Medical
Portea Medical delivers medicine from one shop to customers. They deliver with compassion to customers. Interestingly, the delivery charge is very less as compared to its other competitors.
| Founded | 2013 |
| Founder | Vaibhav Tewari |
| Headquarters | Kolkata |
| Funded Type | Series C |
| Operational Cities | 40+ cities |
Rentroomi
Many people surely have not heard of this rental startup. RentRoomi is the platform to book your hotels, flats, PGs, and many more. Its focus is on offering the best quality products and services at a good price rate.
| Founded | 2015 |
| Founder | Nitin Sharma |
| Headquarters | Jaipur |
| Fund Type | NA |
| Operational Cities | Hyderabad, Bangalore, Delhi, Jaipur, Pune, and many more |
Trivago
Trivago is a German-based company founded by three German people. It is a hotel search platform that offers the best-priced hotels to customers. You get the lowest and the most affordable hotels using this platform.
| Founded | 2005 |
| Founders | Stephan Stubner, Rolf Schromgens, Malte Siewert, and Peter Vinnemeier |
| Headquarters | Dusseldorf |
| Fund Type | Expedia |
| Operational Cities | Mumbai, Pune, Delhi, Kolkata, Noida, Gurugram, and many more. |