Letzrent

Address : Mumbai, Maharashtra, India

Email : abc@de.fg | Website : https://letzrent.com | PAN/TAN : AAJCR3294F

Online search, compare & booking platform for self-drive cars, charter flights, living space & more that rewards users

GEN Z FOUNDERMOBILITYE-COMMERCE

₹ 0

0 % of minimum goal raised

Total Investors

Days Left to Invest

₹ 1000 Minimum Investment

Deal Terms

Perks you will receive for Investing in Letzrent

₹ 2000

Bronze Tier

LetzRent Premium Apparel (T-shirts & Coffee Mug)
Early access to new features & promotions
TNC : Limited to the first 100

₹ 5000

Silver Tier

LetzRent Premium Apparel Box (T-shirts, Sweatshirts & additional Swag)
Early access to new features & promotions
TNC : Limited to the first 200

₹ 10000

Gold Tier

Exclusive interest in owning equity with an investment of ₹50,000 — ₹2,00,000
Invite to exclusive LetzRent team chat
LetzRent Premium Apparel Box (T-shirts, Sweatshirts & additional Swag)
Early access to new features & promotions
TNC: Equity benefits with no voting rights. Limited to the first 5 investors.

₹ 25000

Platinum Tier

Exclusive interest in owning equity with an investment of ₹3,00,000 — ₹10,00,000
One-on-one 30 minute video call with Co-Founders
Invite to exclusive LetzRent team chat
LetzRent Premium Apparel Box (T-shirts, Sweatshirts & additional Swag)
Early access to new features & promotions
TNC : Equity benefits with no voting rights. Limited to the first 5 investors.

₹ 50000

Diamond Tier

Exclusive interest in owning equity with an investment of ₹11,00,000 — ₹30,00,000
In-Person dinner with Co-Founder in Whitefield, Bangalore
One-on-one 30 minute video call with Co-Founders
Invite to exclusive LetzRent team chat
LetzRent Premium Apparel Box (T-shirts, Sweatshirts & additional Swag)
Early access to new features & promotions
TNC : Equity benefits with voting rights. Limited to the first 5 investors.

₹ 100000

Vibranium Tier

Exclusive interest in owning equity with an investment of above ₹40,00,000
LetzRent Weekend Experience: Flight & Hotel on us
In-Person dinner with Co-Founder in Whitefield, Bangalore
One-on-one 30 minute video call with Co-Founders
Invite to exclusive LetzRent team chat
LetzRent Premium Apparel Box (T-shirts, Sweatshirts & additional Swag)
Early access to new features & promotions
TNC : Equity benefits with voting rights(open for discussion of term sheet). Limited to the first 2 investors.

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Mumbai, Maharashtra https://letzrent.com

Deck

10 Seconds Pitch

Online search, compare & booking platform for self-drive cars, charter flights, living space & more that rewards users.

Deck Info

LetzRent

Highlights

Running profitable pilot in Bengaluru.
20k+ registered users, 4.2 app rating and 10k+ social media following.
Company is projecting 100cr+ transaction volume in 5 years.
Founder with the marketing expertise of 17+ years in Reliance, Naaptol, Tv9 and Zee and more.
GenZ CTO and co-founder.
Expansion is easy and the untapped customer base is huge.
Been in news articles, already making buzz.

Traction

Smart Way To Rent

Customers Want Low Prices

To get low prices 85% of the consumers check at least 2 data points (Source: BCG Consumer Trends). In various sectors information centred buying has been made more efficient by companies like MMT for Travel, Policy bazaar for Insurance, Myntra or Shopperstop for Lifestyle products. However for rental products, there is no one & to fill this need and make the process efficient we launched LetzRent, hoping to have a first-mover advantage and dominate the market in the coming future.

Single KYC

Renting is a KYC dependent process, every time a customer books a service from a different service provider he/she will have to get a new KYC done. With Letzrent, the hassle of multiple KYC gets removed and with a single KYC, customers can rent from multiple brands.

Vast Selection

Being an aggregator Letzrent offers more options than category leaders.

Why Renting?

Demographic Twist: Commitment phobic millennials prefer an asset lite life with a bias toward renting rather than buying.
Flexibility: Renting allows people to upgrade or change assets easily.
Convenience: With the rental customers dispense with the headache of down payment, maintenance, insurance etc.

Maruti is the most prefered car for renting

Feedback: People Love Us

Future and growth

Core Team

Documents for Investors

Meet our strong and visionary team members

Manish Pratik

Co-founder

Gautam Menon

Co-founder

How will we use funds : Sales & Marketing - 50% | Human Resource-30% | Technology -10% | OPEX-10%

Start Date

2022-06-26 16:38:05

Ends in 0 Days

Target Raise

₹ 5000000

0 % Raised So far

Frequently Asked Question

What does your company do ?

LetzRent is an online search, compare & booking platform for self-drive car rental that rewards users for renting. We aggregate rental deals from multiple service providers and present them to users with prices, reviews & facts to make an informed decision. Currently running a pilot in Bangalore by aggregating Zoomcar, Avis, Mychoize & Wowcarz.

Where do you want to be in 5 years ?

Uber for Self Drive Car Rental.

Why did you choose this idea, what's your biggest Obstacle ?

Customers want low Prices: And to get low prices 85% of the consumers check at least 2 data points (Source: BCG Consumer Trends). In various sectors information-centred buying has been made more efficient by companies like MMT for Travel, Policy bazaar for Insurance, Myntra or Shopperstop for Lifestyle products. However, for rental products, there is no one & to fill this need and make the process efficient we launched Letzrent, hoping to have a first-mover advantage and dominate the market in ten years.