Peer-to-peer rental platform MyRent launches in Singapore

Peer-to-peer rental platform MyRent has launched in Singapore recently. MyRent seeks to help Singaporeans monetise their belongings by renting their items out to its community of users.

MyRent was co-founded by Ishwar Dhanuka, Mark Kok, and Rahul Sharma. “The idea behind MyRent is to primarily allow users to own experiences instead of things. We want to decentralise ownership, and create a win-win for both listers and renters. Simply put, why buy something when you can rent it?” said Dhanuka, CEO and Co-founder of MyRent.

The platform claims that it has over 2,000 registered users and over 800 active listings in Singapore – from photography equipment and drones to winter wear and sporting equipment.