Kiralabunu, Turkey's consumer electronics rental platform, received a new investment. The startup offers leasing as an alternative to purchasing received an early stage investment at the end of 2021. The company now continues to grow with this new investment. The platform gives the opportunity to rent many electronic products, from the phones to the robot vacuum cleaners, instead of buying them.
The company has now sold 12% shares at a valuation of 1.3 million dollars (200 million TL). The company managed to double its valuation in less than 5 months.
Also see: BiLira Reaches 125 Million Dollars Valuation
Explanations Regarding Kiralabunu Investment
Kiralabunu Founding Partner Simon Sinan Ventura said that the investments they have received is a very important motivation for their rapid progress and growth. The company aims to enter new product ranges and expand its corporate leasing network with the new investments. Ventura stated that they aim to open new categories and reach 30,000 new users by the end of 2022.
Ventura said that as much as they focus on strengthening their corporate rental networks, they aim to offer innovative services and products on the individual side, and that they will launch kiralamini.com very soon, and they will deepen in the electronics category as well. He said that they will support brand image, which will be the driving force of national growth.
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