About:

Rentkar is an online peer to peer marketplace. Where people sublease their

underutilized items and earn at an ease.

Team Strength
Rentkar was founded by Mudit Golecha and Aditya Kudale both are alumni’s of
SVKMS’s Narsee Monjee Institute of Management Studies. Aditya Kudale is an
experienced executive with a demonstrated history of working for development and
growth of rental. He’s focused on creating an open market place for sharing and
renting every possible thing. Till now Rentkar has 15+ employees and Interns from
different backgrounds.

Market Size
Global revenues of renting businesses have been forecasted to increase from US$15
billion in 2019 to US$ 335 billion by 2025 according to Price Water Cooper. In India
just the market of rental of furniture is seen at around $800-$850 million. Rentals of
electronic appliances are a $500 million market and bike $300 million, which adds up
to cumulative $1.5 billion market. Most of the rental businesses in India are still in
unorganized sector.This provides great opportunities for startups.

Revenue model/Feasibility Analysis

Rentkar operates as a peer to peer market place which connects lessor and lessee.
This means it has a very asset light model of business with very less fix capital
investment. Rentkar works as an Intermediary between lessor and lessee. Lessors list
their Items with Rentkar and Rentkar help’s them to find a lessee of the item. Lessee
pay’s the required amount for renting out that item for a specific time period. If the
items are too expensive Rentkar asks for a certain amount as collateral. Then a certain
percentage of commission is paid to the lessor of the rented item.
Revenue Sources of Rentkar:

PS4/PS5

Guitar PC

Key
Revenue
Mics
Sources IPAD

iPad GoPro

Problem’s Rentkar Solves:

• Saves a huge amount of cost.

• Hassel free.
For Lessee • Gets the "luxe" experience for a fraction
of retail price.

• a good source of indirect income.

• item stays operational rather than
For Lessor rusting in a corner of your home

USP:
Rentkar provides a variety of items on its platform from a simple mic to a macbook.
It’s a peer to peer market place so the investment cost is greatly reduced. It has a
good presence in social media.

Final Thought’s:
Most people in their late 20s and early 30s are not only renting transportation services,
but also houses, furniture, electronics, clothes and even workspaces. Many refer to
this inclination to rent over owning things as the ‘Netflix economy’.

Instead of purchasing items that may be required for a short duration, such as
speakers for a party, this system allows people to rent these items at a nominal fee,
establishing a win win situation for both the parties. Rentkar proves to be good startup
owing to its vast diversity of items available on its portal and it’s good reach on social
media it has potential to become a successful investment.