Pakistan got it’s first peer to peer Renting Platform

Pakistan was lacking its renting platform where people could list their unused items for rent. Introducing UpRenting. UpRenting is not just a listing platform. It’s a complete rental platform with features like escrow payments and CNIC verified accounts. Lender can mark the pickup location on the map where the item can be picked up by borrower.

This startup from Karachi wants people to stop buying and start renting. People spend tons of money on items which are used once and then those expensive items are kept in your home and start getting dust. So why not to turn these items into cash? A lot of people can’t even afford to buy these expensive items. When you buy an expensive item you’ve got to stick with it for months.

Uprenting is a peer to peer renting platform. Where people can rent out stuff between each other. UpRenting makes the deal safe by holding money into escrow as a third party. It also has online verification platform, users need to submit their national id card to verify their account and then they can’t take items for rent.


Renting process is developed in very simple way, when lender handover goods to borrower. He have to click on “Start Renting” in the order page and when he have got the item back he need to click on “End Renting” and give user a rating and feedback. It’s like an uber ride process.

After both users gives rating to each other. Escrow is unlocked, rental charges are sent to Lender and security deposit is sent back to borrower.

To make the renting safe you can enable Verify ID on your listing. It will require borrower to have his/her account verified through CNIC.

Escrow is win win situation for both borrower and lender. The borrower will need to pay the money in escrow to UpRenting. This amount is not sent to the lender directly. Borrower is always risk free of giving his security deposit to borrower directly and similarly lender feels confident when rental charges are safe already. UpRenting will release the money when both borrower and lender will finalize the deal by giving rating and feedback to each.

“We have many future plans but right now we’ve to go niche by niche. We’ll be going to add pickup and delivery service as well by creating our own fulfillment centers where people can send their unused stuff and we handle everything for them. They will receive payments in their bank account.” says Usama Khalid, Founder of UpRenting.

UpRenting has still long way to go. But it can boost the sharing economy and revolutionize the renting industry in Pakistan if in coming years UpRenting is able to scale themselves.

Go check it out: https://uprenting.com


News of the day

20 minutes Read 378 views

Innovation District 92 incubates its FIRST STARTUP COHORT-...

June 26, 2018

The startup race commenced on 20th June, 2018 at Innovation District 92 following the exciting theme of car…

View All
14 minutes Read 274 views

Innovation now has a destination in Pakistan- Press...

March 28, 2018

Launched on the 17th of March, Innovation District 92 announced itself as the new hub for innovation and…

View All
3 minutes Read 320 views

Pakistan Global MUN winners secure internships at the...

March 15, 2018

CARE Foundation‘s Student Delegation put forth an outstanding performance at the Pakistan Global MUN.

Our students carried on…

View All
7 minutes Read 390 views

E-Commerce Lounge – Momentum Tech Conference 2018-Buyonpk-Press Release

March 9, 2018

Buyon.pk in collaboration with Pakistan E-Commerce Consortium, organized discussion based activities at E-Commerce Lounge – Momentum Tech Conference…

View All
10 minutes Read 972 views

MyDoctor.pk raises $1.1million in funding from International VC...

February 27, 2018

MyDoctor.pk, Pakistan’s leading online health platform, has announced that it has officially changed its name to oladoc.com.

MyDoctor.pk was…

View All

Latest Videos

1 minute Read 381 views

Saad Mahmood, The Technology Guy

March 13, 2018

Saad Mahmood is currently working at Microsoft.He is Microsoft Most Valuable Professional (MVP) and loves technology. Saad has…

View All
1 minute Read 289 views

Saad Mahmood’s Perspective About Women Empowerment !!

March 8, 2018

Saad Mahmood is currently working at Microsoft.He is Microsoft Most Valuable Professional (MVP) and loves technology. Saad has…

View All
Less than a minute Read 551 views

CEO VizRah, Mohammad Adeel Javed, talking about Vizrah...

August 20, 2017

We asked Adeel Javed about his initiative VizRah and how he aims to positively impact the society through…

View All
Less than a minute Read 1,097 views

Yellow Plate Restaurant introducing fast food with unique...

August 10, 2017

Our team visited Yellow plate restaurant at Shah Jamal market Lahore to tantalize our taste buds. The Owner…

View All
Less than a minute Read 587 views

Views of Khuram Bukhari (Co-Founder Ravvish) about Life,...

August 10, 2017

We conducted a written dialogue about life and success with Co-Founder Ravvish, Khuram Bukhari

View All