Don’t buy, simply strive: Gadgets, toys go rental way

Ever attempted aqua aerobics with water dumbbells or toyed around with a common interactive robot? Worn an Oculus VR headset? But why purchase such fancy, high-priced stuff when you could rent them for an afternoon or two, the items of desire home-brought for a rate? This is exactly what a Bengaluru-primarily based startup, Yupik. In, has to offer for enjoy-hunters, who would serve as an alternative to purchase. Launched in December 2018, the platform has introduced over one hundred condo objects across eleven categories.

Most clients rent out stuff only for a day, informs Yupik founder Ojas Parikh. “People want to try out modern-day gadgets, which they would otherwise not purchase. For example, we’ve got this golf-swing analyzer that many experience is useless to buy. But they could hire it because nobody is rushing to experience new things,” Parikh explains. Homemaker Minal Sanghvi had visible her 5-12 months-old son’s fascination for electronic toys. But she knew that desire becomes a passing segment, and spending heaps could be wasted.

She chose to rent out the Cozmo robot rather. “Imagine his joy while we were given domestic the excessive-cease robot that performs with you, learns from you, reacts,s and will become your buddy. No, we didn’t buy this set worth Rs 10,000; however, we just rented it out for the weekend,” she recollects. Parikh used his Amazon experience to merge e-commerce’s ease of delivery and transaction with rental services. “Majority of products we offer were bought by us from the world over, giving us total control over their availability, excellent and circumstance. A security deposit is levied tA security deposit is levied to ensure the rented products are again incorrect circumstances. This is refunded once the product is checked again.

Once a selected product is booked online, a confirmation and standing of the order are sent to the customer. The platform’s shipping personnel take it to the customer’s home and demonstrates how the product works.
Before making an apartment choice, the customer may also test a product demo video and utilization manuals online. My wife began a comparable unit – brick and mortar one -manner back in 1986- TOY BANK- the first of its type then…But approximately eight months later – she had baskets full of damaged and non-working toys, and the mother and father of the youngsters who rented it out refused to take duty for the breakages or theft of batteries…Though we no longer lose cash on the project. Wonder how long these men will run it, and that too on the e-trade platform. I wish them luck.


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