Rentofurnished, a fast-growing brand in the Indian furniture and appliance rental industry, has raised an undisclosed amount of funding from Mahesh Kumar Gupta, a prominent Indian steel businessman. This investment comes in exchange for a 33% equity stake sold by existing shareholders of the company.
Owned and operated by Argil Ventures Pvt Ltd, Rentofurnished has already made a strong mark in Noida and Ghaziabad, offering a wide range of furniture packages and home appliances for rent. With the newly acquired capital, the company is planning a strategic expansion into the Gurgaon market, with the aim to cater to a larger urban consumer base looking for flexible, affordable living solutions.
According to the company, the fresh funding will also be used to develop more tailored rental solutions that match the evolving needs of millennials, working professionals, students, and urban families. Rentofurnished intends to scale its operations with new product lines, innovative offerings, and improved customer service infrastructure.
What Does Rentofurnished Offer?
Rentofurnished is known for offering comprehensive furniture rental packages that include:
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Living Room Furniture: Sofas, center tables, TV units
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Bedroom Sets: Beds, wardrobes, bedside tables
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Dining Tables: 2-seater, 4-seater, and 6-seater options
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Workstations & Study Solutions: Desks, chairs, bookshelves
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Loungers & Accent Chairs for added comfort
In addition to furniture, the brand offers a growing portfolio of home and kitchen appliances, such as:
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LED TVs, laptops, microwave ovens
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Washing machines and refrigerators
All rentals come with value-added services, including free delivery, installation, and assembly, making the setup process quick and hassle-free for customers.
Competing in a Growing Market
Rentofurnished is positioning itself strongly against major competitors like Rentomojo, Furlenco, Fabrento, Rentickle, and Cityfurnish. The Indian rental market is rapidly evolving, driven by a growing population of digital nomads and people preferring access over ownership. In this dynamic space, Rentofurnished stands out by combining affordable pricing, customizable rental plans, and a customer-first approach.
About the Company:
Rentofurnished is headquartered in Noida and currently operates across Delhi-NCR. The brand is managed by Argil Ventures Pvt Ltd, a diversified business group. Rentofurnished aims to make it easier for urban Indians to furnish homes and offices affordably with rental furniture and appliances.
📍 Address:
A-1405, Spring Meadows, Tech Zone 4, Greater Noida West – 201009
🌐 Rent Now: www.rentofurnished.com
