Separator

Airattix raises Rs 2.30 crores from angel investors

Separator
Airattix, a marketplace headquartered in Pune, has received Rs 2.30 crore in pre-Series A funding from investors based in India and the US. This capital injection, earmarked for expanding the business and acquiring skilled personnel, underscores the company's ambitions for domestic and international growth, notably in Dubai. Established in 2020, Airattix has enabled people to list and lease out unutilized spaces such as rooms, basements, garages, and warehouses for storage or parking purposes. The platform serves authenticated users looking for reliable storage or parking options.

Aditya Kale, the Founder & CEO, expressed appreciation for the confidence shown by investors, stating, "This funding validates our growth in the storage and parking industry. We are grateful for the trust our investors have bestowed upon us, enabling our expansion both domestically and globally. Utilizing this funding, our aim is to widen our presence and build dedicated teams tailored to each market".

As a platform connecting available spaces, Airattix does not take responsibility for service quality or customer conduct, as outlined on its website. Currently, the platform operates in around 15 cities across India and boasts a user base of over 25,000. Recently, it established a partnership with inDrive, a ride-hailing startup, to offer storage solutions for car accessories. The platform specifies a minimum storage duration of 30 days, while car parking rentals can be arranged on a daily basis. Hosts receive rental payments either on a monthly basis for longer agreements or as a lump sum for shorter durations.