India · Commercial real estate startup

Settlrs

Settlrs is a Bengaluru-based B2B asset rental and management startup founded in 2017 by Gaurav Ranebennur and Nishanth Janadri.

Funding reportedLast round: Seed

Commercial real estateBengaluru, India

About Settlrs

Settlrs is a Bengaluru-based B2B asset rental and management startup founded in 2017 by Gaurav Ranebennur and Nishanth Janadri.

The company offers a monthly rental model that helps businesses shift from capital expenditure (CapEx) to operational expenditure (OpEx). Settlrs operates a circular economy platform that allows businesses to access various assets through a pay-per-use model, addressing issues related to overpriced and underutilized resources. The company provides comprehensive rental services across multiple asset classes, including furniture, home appliances, IT equipment, fitness gear, and commercial kitchen appliances. Settlrs ensures a secure rental lifecycle with end-to-end solutions, including delivery, installation, and maintenance. It primarily serves B2B clients in the housing sector, such as coliving, student living, and coworking spaces, and has facilitated growth for over 50 businesses across 18+ cities in India. With a focus on long-term leases, Settlrs aims to enhance scalability, asset efficiency, and environmental sustainability for its clients.

What company datasets say Settlrs raised

Funding, as reported

Reported in all70Min the source's currency
Rounds2
Last roundSeed
Last round size1M
Last round dateJan 2022
Investors listed4

On 2 portfolio pages

Investors who name them

Each firm lists Settlrs on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

coworking furnitureasset leasing analyticsbusiness equipmentit equipmentequipment rentalfurniture rentalslaptop rentalsreal estateequipment leasingcommercial & industrial equipment rentalasset leasing marketplaceleasing servicesbusiness growth supportasset leasingbusiness rentalsasset leasing for startups

Built with from their website

Google Tag ManagerAmazon CloudFrontPWALinkedin Insight TagViewport MetaLinkedIn AdsAmazon S3ReactGoogle Font APIMobile Friendly

+8 more

Create React AppOpen GraphAmazon Route 53Linkedin Marketing SolutionsMUIGoogle AnalyticsHTTP/3GoDaddy Domains

Sector
Commercial real estate
Industry code
NAICS 53112, 532490, SIC 7359
Region
Karnataka
Full record
Every detail in the company directory

Commercial real estate in India

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