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Current company RentOk
Technology, Information and Internet · 42 employees · Founded 2020 · Delhi, Delhi, India
RentOk makes property renting a happy choice for everyone!
India is on a massive urbanization wave. By next decade, 200 mn+ Gen Z will migrate to the top 100 cities. And unlike families, Gen Z prefers shared & rented properties for both stay and work. This is why a 4-bedroom apartment owner who was renting to a family is now renting to 4 individuals because it gets him a higher rental yield. Or an office owner is renting the space as co-working.
But renting to more tenants means more work. And India’s current renting stack is not made for multi-tenant renting. RentOk solves exactly this. We make multi-tenant renting as easy as single-tenant renting by automating every workflow from finding tenants to collecting monthly rent. With RentOk, owners can earn a higher rental yield without increasing the work.
Owners use our mobile app to advertise their properties across multiple property marketplaces, social media & google maps through our multi-listing APIs & microsites. It also automates lead follow-ups, tenant screening & rent agreements using Aadhar e-sign.
RentOk adds rent every month and sends automatic rent reminders on WhatsApp with payment links to tenants, keeps tabs on defaulters, and rewards tenants who pay on time. It also does accounting for owners and manages their finance & taxes.