Ever tried aqua aerobics with water dumbbells or toyed around with a common interactive robot? Worn an Oculus VR headset? But why buy such fancy, expensive stuff whilst you could virtually rent them for an afternoon or the items of preference, domestic-introduced for a price?
This is precisely what a Bengaluru-primarily based startup, Yupik. In, has to offer for enjoy-hunters, who might alternatively attempt than purchase.
Launched in December 2018, the platform has introduced over one hundred condominium objects across eleven categories.
Most customers lease out stuff just for a day, informs Yupik founder Ojas Parikh. “People want to strive out the cutting-edge gadget, which they might otherwise no longer buy. For example, we have this golfing-swing analyzer that many sense unnecessary to buy. But they would hire it because everybody is in a hurry to experience new things,” Parikh explains.
Homemaker Minal Sanghvi had seen her five-year-antique son’s fascination for digital toys. But she knew that fascination changed into a passing section, and spending thousands would be a waste.
She chose to hire out the Cozmo robotic rather. “Imagine his joy whilst we were given domestic the excessive-end robotic that performs with you, learns from you, reacts, and becomes your buddy. No, we didn’t buy this set well worth Rs 10,000; however, we just rented it out for the weekend,” she recalls.
Parikh used his Amazon experience to merge e-trade’s ease of shipping and transaction with the rental offerings. “Majority of products we offer had been sold through us from the world over, giving us overall manipulate over their availability, nice and circumstance.”
To make sure the rented products are back in a desirable situation, a safety deposit is levied. This is refunded once the product is again and checked.
Once a selected product is booked online, an affirmation and standing of the order are dispatched to the consumer. The platform’s delivery employees take it to the customer’s home and demonstrate how the product works.
Before taking a condominium choice, the client can also look at a product demo video and utilization manuals online.
DH News Service
My wife started a similar unit – brick and mortar one -way returned in 1986- TOY BANK- the first of its kind then…However, about 8 months later – she had baskets complete of damaged toys, non-operating toys, and the mother and father of the kids who rented it out refused to take obligation for the breakages or theft of batteries…Even though we did now not lose cash on the assignment. Wonder how lengthy these guys will run it and that too on e-commerce platform. I wish them success.