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VerifiedConsumer Goods Rental· Founded 2021

Rentity Global Services

Rentity is a marketplace connecting Consumer Products (Durables, Electronics, Appliances, FMCG), health, fitness, and several other Brands directly with customers. We implement the principles of Circular Economy for our customers and partners. On the one hand, major Corporates are committed to meeting global standards of Circular Economy by reducing waste and growing sustainably. They need to identity new opportunities of revenue creation, gain market share and wallet share with younger generation of buyers with rapidly expanding purchasing power. On the other hand, the purchasing power (consumer spend) of Gen-Z and Millennials is slated to increase from current $ 600 Billion to $ 3.6 Trillion by the year 2030 in India alone. This generation prefers usership over ownership, is brand-aware, choses flexible (try and buy) models, and consumes responsibly. Over 1.1 Billion consumers will have access to internet by the Year 2030 in India. Over 95% of the connected consumers will have access to Smartphones, looking for opportunities to upgrade their lifestyles. At the intersection of the above two scenarios is the “need” that Rentity fulfils. Rentity is fully integrated with payment gateways, real-time background verification services, logistics service providers, and other necessary operations. We have enabled Brands such as WonderChef reduce waste, monetise slow-moving inventory, and increase product velocity - while gaining wallet-share with Millennials and Gen-Z customer through online and B2B channels.

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HeadquartersMumbai, IndiaEmployees2(1 to 10)Founded year2021Websiterentity.inLinkedIn profileLinkedIn

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