# Settlrs: Commercial real estate, Bengaluru, India

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

Source: https://millionrounds.com/startup/settlrs (Millionrounds; every figure on the page links to its filing or article)

India · [Commercial real estate startup](https://millionrounds.com/companies)

# Settlrs

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

Funding reported Last round: Seed

Commercial real estate Bengaluru, India

Company summary

- **Founded:** 2017 9 years old
- **Team:** 17 11 to 50 people
- **Funding reported:** 70M as listed, currency not stated
- **Last round:** Seed Jan 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Settlrs has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **70M** in the source's currency

Rounds **2**

Last round **Seed**

Last round size **1M**

Last round date **Jan 2022**

Investors listed **4**

## On 2 portfolio pages

Investors who name them

- [MaGEHold](https://millionrounds.com/fund/magehold)
- [Canbank Venture Capital Fund](https://millionrounds.com/fund/canbank-vc)

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 furniture asset leasing analytics business equipment it equipment equipment rental furniture rentals laptop rentals real estate equipment leasing commercial & industrial equipment rental asset leasing marketplace leasing services business growth support asset leasing business rentals asset leasing for startups

Built with from their website

Google Tag Manager Amazon CloudFront PWA Linkedin Insight Tag Viewport Meta LinkedIn Ads Amazon S3 React Google Font API Mobile Friendly

+8 more

Create React App Open Graph Amazon Route 53 Linkedin Marketing Solutions MUI Google Analytics HTTP/3 GoDaddy Domains

- **Sector:** Commercial real estate
- **Industry code:** NAICS 53112, 532490, SIC 7359
- **Region:** Karnataka
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/settlrs)

## Commercial real estate in India

Startups like it

- [**INSPIRE CO SPACES** Mumbai · founded 2018](https://millionrounds.com/startup/inspire-co-spaces)
- [**Clairco** Bengaluru · founded 2018](https://millionrounds.com/startup/clairco)
- [**SPACIYA ADVISORS PVT LTD** Noida · founded 2016](https://millionrounds.com/startup/spaciya-advisors-pvt-ltd)
- [**Spaciya** Noida · founded 2016](https://millionrounds.com/startup/spaciya)
- [**Ghar360** Bengaluru · founded 2012](https://millionrounds.com/startup/ghar360)
- [**Eka Infratech** Pune · founded 2013](https://millionrounds.com/startup/eka-infratech)
- [**Keydemand** Mumbai · founded 2022](https://millionrounds.com/startup/keydemand)

## Is this your company?

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