Rent It Bae acquires fashion rental startup Flyrobe; to expand to the US, Dubai, and London
Delhi-based startup AARK World Pvt Ltd that owns and operates fashion rental service Rent It Bae has acquired fashion rental startup Flyrobe.
The company plans to expand its footprint in India and overseas to Dubai, London, and the US through a franchise model.
Earlier this year, Rent It Bae launched an AI-enabled fashion rental store with the introduction of a virtual trial room.
Virtual trial rooms are equipped with virtual walls that make it possible for users to try different outfits without having to wear them.
The company plans to open 15 owned and franchise stores in Tier I and Tier II cities in the next 12 months.
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