GrabOnRent revenue hit $2.3M in 2024

GrabOnRent generates revenue from customers

GrabOnRent

Bangalore, Karnataka, India

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How GrabOnRent hit $2.3M revenue with a 49 person team in 2021.

Developer of a rental service platform designed to offer on-demand product on rent. The company's rental service platform offers an online portal that provides various furniture, electronic goods and other consumer durable goods on rents, enabling users to get the benefit of using products only for the required time without buying it.

Founded

2015

Founded

Revenue

$2.3M

2021 Revenue

YOY

-----

YOY

Funding

$3M

Funding

GrabOnRent Revenue

In 2021, GrabOnRent revenue run rate hit $2.3M in revenue.

  • 2021

    GrabOnRent hit $2.3M in revenue in 2021

  • 2015

    GrabOnRent launched in 2015 with $0 revenue

GrabOnRent Funding History

  • 2018

    GrabOnRent raised a of in April, 2018

  • 2016

    GrabOnRent raised a of in June, 2016

FUNDING DATE ROUND AMOUNT VALUATION
April, 19 2018
June, 15 2016

Team

GrabOnRent has 49 total employees and 3 sales reps that carry a quota. an engineering team of 8 and a marketing team of 1.

DISTRIBUTION QTY
Total team size 49
Engineer 8 (16%)
Sales 3 (6%)
Marketing 1 (2%)

Founder / CEO

Shubham Jain

As humans, we love to talk about success. We share stories about heroics, celebrate triumphs, and reward achievements of the ones who make it big. Entrepreneurs, today, are adored for their courage to dive into uncertain waters and surprise the world with their sharp business acumen. But they too make mistakes. Many founders kill every chance of learning from their failures by not disclosing their mistakes. When Shubham revealed his errors to other CEOs, he surprisingly learned the power of vulnerability. Those CEOs shared their personal stories of failure at making hard decisions, their unsettling mental health, and how they learned from their mistakes. Shubham Jain, in his book, Make Fewer Mistakes, reveals an untold, true story that takes the readers through all those sinusoidal moments of excitement and despair in his start-up journey - beginning from making a resolve to venture out to shutting down the passionately built company, from deciding to hire the first employee to laying-off large teams at once, and from receiving the first investment cheque to losing all that money. Shubham firmly believes in preparedness for overcoming obstacles that wreak havoc during one's start-up journey and, with his book, wishes to relay the collective learnings of several entrepreneurs to the leaders of tomorrow.

Q&A

  • What's your age?

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  • Advice for 20 year old self

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Customers

Churn

GrabOnRent Executives

Name Position Working Email Personal Email
Shubham Jain CEO - -

GrabOnRent Employees

Name Position Working Email Personal Email
Shubham Jain CEO - -

Frequently Asked Questions about GrabOnRent

  • When was GrabOnRent founded?

    GrabOnRent was founded in 2015.

  • How much revenue does GrabOnRent generate?

    GrabOnRent generates $2.3M in revenue.

  • Who is the CEO of GrabOnRent

    The CEO of GrabOnRent is Shubham Jain.

  • How much funding does GrabOnRent have?

    GrabOnRent raised $3M.

  • How many employees does GrabOnRent have?

    GrabOnRent has 49 employees.

  • Where is GrabOnRent headquarters?

    GrabOnRent is headquartered at Bangalore, Karnataka, India

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