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Don’t purchase, simply attempt: Gadgets, toys pass rental way


Ever attempted aqua aerobics with water dumbbells or toyed around with a common interactive robotic? Worn an Oculus VR headset? But why purchase such fancy, costly stuff while you can hire them for an afternoon or the items of desire home-added for a fee? This is precisely what a Bengaluru-based startup, Yupik. In, has to provide for experience-hunters, who would rather try than purchase. Launched in December 2018, the platform has added over 100 apartment gadgets throughout 11 categories. Most clients hire out stuff only for an afternoon, informs Yupik founder Ojas Parikh. “People want to try out the modern device, which they would otherwise not purchase. For example, we’ve got this golf swing analyzer that many feel is useless to shop for. But they might rent it since everyone is hurrying to experience new matters,” Parikh explains.

Homemaker Minal Sanghvi had seen her 5-12 months-vintage son’s fascination for electronic toys. But she knew that fascination was a passing phase, and spending thousands would be a waste. She selected to hire out the Cozmo robot alternatively. “Imagine his pleasure while we were given domestic the high-quit robotic that plays with you, learns from you, reacts, and turns into your pal. No, we didn’t buy this set well worth Rs 10,000 but rented it out for the weekend,” she recalls. Parikh used his Amazon Enjoy to merge e-trade’s ease of transport and transaction with the rental services. “Most of our products have been bought internationally, giving us total control over their availability, fines, and situation.”


A protection deposit is levied to ensure the rented products are returned in their proper condition. This is refunded once the product is returned and checked. Once a particular product is booked online, a confirmation and status of the order are dispatched to the consumer. The platform’s shipping employees take the product to the patron’s home and demonstrate how it works. Before choosing a rental, the customer may check a product demo video and utilization manuals online.

My spouse commenced a comparable unit – brick and mortar one -manner back in 1986- TOY BANK- the primary of its type then…However, about eight months later – she had baskets complete with broken and non-working toys, and the parents of the kids who rented it out refused to take duty for the breakages or theft of batteries…Although we did now not lose cash at the assignment. Wonder how lengthy those men will run it, and that too on the e-trade platform. I wish them luck.

Geneva A. Crawford
Twitter nerd. Coffee junkie. Prone to fits of apathy. Professional beer geek. Spent several years buying and selling magma in Miami, FL. Spent a year lecturing about psoriasis in Las Vegas, NV. Managed a small team writing about circus clowns in Las Vegas, NV. Garnered an industry award while writing about lint in the financial sector. Spoke at an international conference about getting my feet wet with dust in Libya. Spoke at an international conference about researching rocking horses in Bethesda, MD.