RentOnGo, an online marketplace for renting bikes, electronics and appliances, has secured an undisclosed amount in angel funding from Snapdeal’s chief product officer Anand Chandrasekaran, GSF India founder Rajesh Sawhney and other angel investors.
Kalpana Tatavarti (partner, Interweave Consulting) and Shivanandan Pare (head of e-commerce, Madurai Lifestyle & Fashion) also put money in this round, RentOnGo co-founder Nikhil Chhabra told Techcircle.in.
The startup, run by Condivision Solutions Pvt Ltd, will use the funding secured to venture into new cities and expand the bike rentals category.
RentOnGo lists products provided on rent by vendors across categories such as furniture, appliances, adventure gear, fancy dress, wedding chairs and medical supplies. The company has deepened its focus on the bikes category by launching a dedicated app for bike rentals.
RentOnGo is presently operational in Bangalore, Hyderabad and Pune.
To be updated…