Guarented: Guaranteeing affordability and accessibility in the online furniture sale space3 months ago Shravani Maddirala
Been a bachelor living off an old closet and handed down discarded furniture? Or recently moved into a new house that you spent all your money? Don’t you worry, Guarented has got you covered! From young people with limited funds to individuals who either have a short term requirement or are people with unique tastes in furniture, they have something in store for everyone. Guarented caters to a wide range of customers with varying requirements. For those on tight funds, they offer premium quality products on rent, which lets them enjoy such products at a fraction of the MRP. For those who wish to own furniture that’s unique and tailor-made for their needs, they have a department that takes custom orders and manufactures products exclusively for them.
From starting out as a furniture rental startup to now being a furniture manufacturer & interior designing company, Guarented has come a long way from where they began. What started out as a dream of three alumni members of one of India’s premier instituitions ( IIT Kharagpur), is today a very successful company that serves people across two metro cities – Bangalore and now, Hyderabad. Guarented Rentals was founded in mid-2015 by Harshwardhan Raikwar, Abhimanyu Dikshit & Prateek Agarwal, alumni of IIT-Kharagpur and now the CEO, CTO & COO of Guarented. They were three like-minded individuals who loved the idea of building things from scratch. The trio saw gaps in the then rental ecosystem and decided to do something about it.
Guarented raised its first round of funding within a year from Kstart – the seed funding arm of Kalaari Kapitals. Guarented was also previously backed by Aneesh Reddy of Capillary Technologies. With steady investments, the company grew much further and branched into more products and services within a year and a half of its founding. As the business grew, Guarented also set up its own in-house team of carpenters, craftsmen and thus foraying into furniture manufacturing. Armed with this new feature, Guarented went on to raise pre-series A funding from Mumbai Angels Network, a leading early-stage investment platform.
Today, Guarented is one of the top players in the furniture/appliance rental & sale space online. The company has come a very long way and has many plans for expansion. Guarented operates in two metro cities – Bangalore & Hyderabad. In Bangalore, the company offers its full range of services which includes furniture and appliances on rent, sale, manufacturing of custom furniture products based on customer’s orders, interior designing for homes & offices. In Hyderabad, the company offers all their services except renting out furniture products & appliances.
And that’s not all, in addition to fine products, we provide additional perks like Buyback guarantee, a free service warranty for a whole year, free delivery, free pick up and easy returns policy. We’re also generous with our seasonal discounts and sales too!Guarented has plans for expanding across the country soon. The company has also launched a franchise partnership program which would help more people access our products and services from across the country. Apart from this, Guarented will also be actively focusing on providing affordable, durable & premium quality interiors for homes and offices. Very soon, Guarented will be a name echoing all over the country and rightly so!