South African Rentals Marketplace Rentoza Raises USD 1.3 Mn Funding

South African startup Rentoza, an online electronics, and appliances retailer operating on a subscription-based model, has raised ZAR20 million (USD1.3 Mn) in funding from Khulisani Ventures, the early-stage investment vehicle of the Mineworkers Investment Company (MIC).

Rentoza is an online electronics and appliances retailer operating on a subscription-based model that makes access to essential technology easy and affordable to consumers, especially when traditional means of acquiring tech products are not an option.