RentSher has already received around 300 orders till date
With an aim to strengthen its position as the one-stop solution for all event-related requirements, RentSher, the leading online product rental marketplace, looks forward to providing its best-in-class service to about 500 and 300 events in Bangalore and Dubai respectively this holiday season. In addition to Christmas and New Year parties, it will also offer its assistance in arranging marriage anniversary and birthday parties, corporate get-togethers, and school events. The company expects to receive over hundred orders from corporates alone, which mostly include requests for Christmas decorations.
Providing customized as well as value-for-money packages, RentSher enables customers to book everything from event venues, coordinators, décor items to catering services seamlessly with just the touch of a button. While residents in Bangalore continue to make up a large part of its user base, RentSher’s products and services are gaining popularity in other metro cities across the country as well. Barbecue grills, DSLRs, camping tents, sound systems, LED lights are some of the products that are in high demand this month. Besides this, the birthday packages offered by the company have become a big hit among the consumers.
“December is a month of celebrations, as individuals and corporates gear up for Christmas and New Year. Then come weddings and birthdays, making it the season of events with high demand for our rental products and services. As compared to last year, we expect to witness a 4-5X growth in the number of events we host this time due to factors like rising net disposable income and the increasing number of expats living in India and the UAE,” said Harsh Dhand, Founder & CEO, RentSher, while commenting on the company’s growth trajectory.
“With the entire world adapting to eco-friendly ways for a sustainable future, we believe renting products instead of buying them makes a positive difference. Today’s consumers are also aware of this fact and do not feel the need of owning products. Many corporate enterprises have already started recycling décor items and renting products while limiting the use of plastics keeping in the mind the environmental aspect,” he added further.
Currently present in 7 cities across India, RentSher recently expanded its operations into Chandigarh. The company also looks to soon launch its services in tier-II cities like Mysore.
Rentsher is an online rental marketplace which rents out electronics, medical equipment, apparels, camera lenses and event peripherals. It is also an online marketplace using the asset-light model business by bringing many offline vendors.
Incepted in October 2015, RENTSHER is the brainchild of IIT and Oxford graduate Harsh Dhand. Headquartered in Bengaluru, RENTSHER is a transparent, easy-to-use service that offers online rentals for anything, that is scalable as a marketplace, and enables social sharing and promotions. RENTSHER received 2Cr seed funding in 2015. The round was led by ex-McKinsey investor Vaibhav Doshi along with other entrepreneurs-turned-investors including Abhay Singhal, Co-founder of InMobi; Vibhu Garg, Co-founder and COO, Unicommerce; Joby Babu, COO, Nimbuzz; Abhishek Acharya, GM, Philips India and Manish Shah of Wipro, UK. RENTSHER is working towards building an operationally light-weight and scalable model that can create an ecosystem, where reusing via renting and sharing products becomes easier and convenient for all.