{"id":3898,"date":"2018-03-11T08:41:25","date_gmt":"2018-03-11T08:41:25","guid":{"rendered":"http:\/\/middleeastevents.com\/blog\/?p=3898"},"modified":"2018-03-11T08:41:25","modified_gmt":"2018-03-11T08:41:25","slug":"rentsher-middle-east-closes-seed-funding-round","status":"publish","type":"post","link":"https:\/\/www.middleeastevents.com\/blog\/rentsher-middle-east-closes-seed-funding-round\/","title":{"rendered":"RentSher Middle East Closes Seed Funding Round"},"content":{"rendered":"<p style=\"font-weight: 400;\">Dubai based RentSher Middle East (<a href=\"http:\/\/www.rentsher.ae\/\">www.rentsher.ae<\/a>), the region&#8217;s first online platform for rentals of product and services has now closed an over-subscribed seed funding round in excess of $600K. A mix of institutional and angel funding &#8211; the round was led by Abu Dhabi VC based Shorooq Investments. Dubai based fund Latitude Consultants Limited and ViaNet Ventures along with prominent angel investors such as Niranjan A M, Khalid AlTawil, Ali Al-Salim, Sabah Yusuf and a Sr. Partner from McKinsey &amp; Company&#8217;s Middle East office also joined the round.<\/p>\n<p style=\"font-weight: 400;\">Oxford University Alumni and ex-McKinsey consultant Vaibhav Doshi along with his wife Purvashi co-founded RentSher Middle East as a one-stop-shop providing event furniture, audio\/video equipment, laptops, medical equipment and travel essentials for rent.\u00a0RentSher&#8217;s custom built platform delivers the convenience of renting anything from tables and chairs for a garden party to bouncy\u00a0castles for a kid&#8217;s birthday or a car-seat for your guests &#8211; all online, in a few clicks. The goods are then delivered to your door step and collected back when you want to return. RentSher&#8217;s supply network of more than 100 vendors is capable of providing rentals for large events or for enterprises looking to hire ACs, heaters, stage set-up etc. for weddings, conferences and VIP events. Serving both B2C and B2B customers &#8211; RentSher has already completed thousands of rentals at key venues such as royal palaces, five star hotels, exhibition centers and event venues across all Emirates.<\/p>\n<p style=\"font-weight: 400;\">&#8220;Our motto is Renting Made Easy \u2013 for customers as well as for vendors. When renting offline, customers often struggle finding the right products, pricing as well as a reliable brand for renting. With our easy-to-navigate platform, customers can now search online for thousands of products, browse all details and book instantly &#8211; so no more wasting hours organizing rentals for your next party! Our business partners receive confirmed orders thereby saving time and money towards business development. So we create a win-win experience.\u00a0We are now focusing on building a strong team and expanding quickly covering new products, new cities\u00a0and new countries\u00a0across the region. We are investing in a stronger technology platform addressing the nuances of rental business both for our customers as well as our vendors. With everything going on we are on a mission to transform this multi-billion $ market&#8221; &#8211; says Vaibhav, CEO of RSME.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-3899 size-full\" src=\"http:\/\/middleeastevents.com\/blog\/wp-content\/uploads\/2018\/03\/Vaibhav-Doshi.jpg\" alt=\"\" width=\"3024\" height=\"4032\" srcset=\"https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2018\/03\/Vaibhav-Doshi.jpg 3024w, https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2018\/03\/Vaibhav-Doshi-225x300.jpg 225w, https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2018\/03\/Vaibhav-Doshi-768x1024.jpg 768w\" sizes=\"auto, (max-width: 3024px) 100vw, 3024px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dubai based RentSher Middle East (www.rentsher.ae), the region&#8217;s first online platform for rentals of product and services has now closed an over-subscribed seed funding round in excess of $600K. A mix of institutional and angel funding &#8211; the round was led by Abu Dhabi VC based Shorooq Investments. Dubai based fund Latitude Consultants Limited and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3899,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/3898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/comments?post=3898"}],"version-history":[{"count":1,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/3898\/revisions"}],"predecessor-version":[{"id":3900,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/3898\/revisions\/3900"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media\/3899"}],"wp:attachment":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media?parent=3898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/categories?post=3898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/tags?post=3898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}