May 1, 2015

RENTOMO STARTUP WIKI

RENTOMO STARTUP WIKI


STARTUP NAMERentomo
WEBSITE NAMEwww.rentomo.com
FOUNDED01-06-2015
STARTUP TYPETechnology Startup
CURRENT STAGE OF YOUR STARTUPOperational ( 0 - 1 Years)
FUNDED BYAngels
FUNDING DETAILS: NUMBERS & INVESTOR INFO ONLYAditi Nigam (Dubai based)
FOUNDER NAMEAnshul Johri
CO-FOUNDER NAMEShubham maheshwari
ABOUT COMPANYRentomo is a platform that allows users to borrow/rent everyday items they may only occasionally need - like a drill,ladder,camera,bicycle,travel,sports accessories,bag etc. and that to someone among their trusted network. Same time it also opens the door to make money from your unused or underused items lying at home and which you don't want to sell either because you use them occasionally. You can easily upload those items on Rentomo and start sharing within your community. Why does everyone feel the need to purchase their own private set of consumer items – a hammer,outdoor tent,badminton rackets,bag-packs,bicycle,medical equipments etc – that everyone else has, and that lie unused most of the time? We feel that more and more consumers will start to realise that access to stuff is actually cheaper, more convenient and greener than ownership. And we have live and successful examples of peer to peer sharing like Airbnb, Uber, Spinlister etc.

But the big question is how are we going to trust the other person? That is where the technology plays a role, we are building a tech enabled platform to provide you the richer experience of sharing stuff among your trusted communities/societies/colleges/companies/groups/friends etc.. Our mission is to form a sharing city where you have instant access to everything in your neighbourhood. The vision is to see every city becoming a sharing city.
BOARD OF DIRECTORS (OR) KEY TEAM INFOAnshul & Shubham key players in tech.
3 more folks in tech. Also one more person from Justdial looking into marketing.
MISSIONOur mission is to see every city becoming sharing city
VISIONcreating values and happy customers
RECENT MILESTONESDid couple of successful transactions. We also have one interesting story to share here -
“A guy (not my immediate friend) who landed in Bangalore today from Delhi forgot to bring his correct Macbook charger, by mistake he brought his Macbook air charger instead of Macbook pro. He was supposed to attend a business meeting in two hours after landing and on the way to his client office he contacted me via rentomo to borrow my charger (an extra one I have) for 2 days. Within half an hour he came, picked up the charge and said a very warm thank with a big smile on his face.
He was even ready to pay me extra for it (and he was totally unaware that I am the founder of the company).”
PRODUCTS/SERVICESSharing economy (online rental marketplace)
CLIENTELEIt’s a peer to peer sharing platfrom and it’s a marketplace so we have wide range of target audience which varies from Students to corporate officials including people who want to make extra mony by sitting at home.
TESTIMONIALS
OFFICE ADDRESSBangalore, India

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