New Delhi, Dec. 11 -- For years, India's rental market has functioned in a fragmented, largely informal manner, with cash-heavy transactions, inconsistent agreements, and limited digital trails. This has left millions of young professionals, migrants, and gig workers outside the formal credit ecosystem. RentenPe, founded in September 2024, is attempting to bridge this gap with a rent-linked credit scoring model that converts routine rental payments into verifiable financial records.

The platform, now active in major metros including Chennai, Kolkata, Ahmedabad, Delhi-NCR, Hyderabad, Mumbai, and Bengaluru, provides tenants and landlords with a digital workflow for ID verification, rent transfers, rental agreements, and short-term credit a...