Mutterfly

  • Mumbai, India
  • Consumer Goodsonline rental, Retail, Peer to Peer, Rental, Marketplace, Mobile, Consumer Internet

Borrow items you need from awesome people nearby. Earn by renting items you own.

Founded:
2015
Stage:
Early Revenues
Market:
B2C

Startup Video

Featured

Image

Mutterfly helps you say Bye to Buy | Indian CEO

Oct 28, 2016

Image

Mutterfly put an end to your mont end woes! | Stumagz

Jul 21, 2016

Image

Yeh hain kuch anokhe startup | BBC

Jul 01, 2015

Image

Why did this 24-year-old London banker turn into a tiffinwala? | Your Story

Jul 01, 2015


New Product Release

Released Mutterfly Android App

Apr

2016

Customer

Crossed 5000 Customers

Sep

Customer

Crossed 10,000 customers.

Dec

New Product Release

Mutterfly IOS App Released : https://goo.gl/juApgY

Jan

2017

Jobs


Team Summary

The Team at Mutterfly comes from mix of Corporate and Startup background with over 20yrs of combined experience in Strategy, Marketing and building scalable Technical applications. Our chief Advisor, Shrirang Tambe, is Founder & CEO of Origa Leasing, India's biggest B2B Leasing platform which is funded by 500 Startups.

*Akshay Bhatia ( Founder & CEO) :Ex-Morgan Stanley and Warwick Business school. IMC UK Qualified. 5+ yrs experience in product strategy & sales.

*Trapti Rai ( Marketing Lead) : Ex-Grofers Scaled growth across 7 Cities. Expertise in Digital Marketing & Data Analytics.

*Dharmesh Sojitra (Technical Lead): Ex- Mastek & Hortonworks. 5+ yrs of experience in handling big data and building scalable applications.

Team


Product/Service Summary

An Average Indian house has Rs 20,000 worth of items lying unused! And yet, we are always looking to buy more. It's time we disrupt this unnecessary spending by asking a simple question - Why Buy? The answer is Mutterfly - A new age peer to peer platform that lets users rent items from people nearby and helps them earn by renting their items.

How it works: Mutterfly works on an asset light model with all items sourced from users on the platform. Customers place a request --> Receive Offers from Lenders on the platform --> Pay & Confirm --> Mutterfly handles Delivery & Pickup. Mutterfly charges the lender percentage commission per transaction. Our contribution margin per transaction is positive as delivery cost is paid by the customer(renter).

How are we different?

What makes Mutterfly unique compared to traditional renting companies is its Asset Light Model & Mobile technology. This allows

* Instant renting: Allowing customers to receive their items in 2 hours from point of request.

* Liquidity for Lenders: Allowing users to earn money by renting items they own.

* Variety of Items: Being a peer-to-peer platform, Mutterfly allows users to list and rent variety of items ranging from Guitar to Cameras.

*This is complemented by an early mover advantage as Mutterfly is one of the first peer to peer renting platform in India.

Product/Service Descriptions