Equiphunt

Hyderabad, India Founded: 2015 • Age: 11 yrs Minicorn Acquired By Infra.Market
Construction equipment rentals are enabled via an online marketplace platform.

About Equiphunt

Equiphunt is a company based in Hyderabad (India) founded in 2015 by Souvik Sengupta, Rajesh Krishnan, and Shashank Dangayach was acquired by Infra.Market in May 2021. Equiphunt has raised $335.43 thousand across 1 funding round from investors including Infra.Market and Vikram Reddy. Equiphunt offers products and services including Equipment Rental and Spares and Services. Equiphunt operates in a competitive market with competitors including Rent Alpha, EZLease, Yellow Rentals, Express World and Heavy Equipments, among others.

Key Metrics
  • Annual Revenue
    ₹108 Cr

    FY 2024 · -28% YoY

  • Net Profit
    ₹35.1 Lakh

    FY 2024 · 0% margin

  • EBITDA
    ₹7.10 Cr

    FY 2024 · 7% margin

  • Total Equity Funding
    $335.43K (USD)

    in 1 rounds

  • Latest Funding Round
    $335.43K (USD), Angel Round

    Jun 2020

  • Investors
  • Acquired by
    Infra.Market

    (May 2021)

Products & Services of Equiphunt

Equiphunt offers a comprehensive portfolio of products and services, including Equipment Rental and Spares and Services.

Equipment Rental
Rental Services

Platform for renting construction machinery to businesses.

Spares and Services
Maintenance and Parts

Provides spares sales and repair for construction equipment.

Funding Insights of Equiphunt

Equiphunt has successfully raised a total of $335.43K through 1 strategic funding round. The most recent funding activity was a Angel Round of $335.43 thousand completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $335,432
  • Total Rounds 1
  • Last Round Angel Round β€” $335,432
  • First Round $335,432

    (Jun 2020)

  • Investors Count 1

All 1 funding rounds of Equiphunt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2020$335,432Angel Round$1MVikram Reddy
–
Valuation history
DateValuationStage
Jun 2020$1Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1M (Jun 2020). 2 investors in total: 1 institutional and 1 angel.

Investors in Equiphunt

Equiphunt has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Infra.Market and Vikram Reddy.

All
Angel
InvestorDescriptionFounded YearDomainLocation

Vikram Reddy

Angel investor and entrepreneur, focused on tech startups in India.
–unknown_1524a6ab850247d09-
Digital procurement and supply solutions for construction materials are facilitated.
2016infra.marketThane, India
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Investor details for Equiphunt

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Board of directors of Sociam Equipment Solutions Private Limited (Equiphunt)

Sociam Equipment Solutions Private Limited is the primary company behind Equiphunt. The board of Sociam Equipment Solutions Private Limited currently have 3 directors; the longest-serving is Souvik Pulakesh Sengupta, appointed in 2021. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Souvik Pulakesh Sengupta
DIN 07248395
Director30 Aug 20215 yrs 1 moSociam Equipment Solutions Private Limited
Manishkumar Shivkumar Sharma
DIN 08062011
Director18 Jan 20251 yr 8 moSociam Equipment Solutions Private Limited
Abhishek Baban Thite
DIN 08323819
Director12 Jul 20251 yr 2 moSociam Equipment Solutions Private Limited

People of Equiphunt

3 people are tracked at Equiphunt (3 in leadership).

NameRoleGroup
Co-FounderLeadership
Rajesh Krishnan
Co-FounderLeadership
Co-Founder & CEOLeadership
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Complete people profiles for Equiphunt

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Financials of Equiphunt

Figures of Sociam Equipment Solutions Private Limited, the primary company behind Equiphunt, for FY 2024. Revenue was ₹108 Cr (-28% year on year). Net profit was ₹35.1 Lakh (0% margin). EBITDA was ₹7.10 Cr (7% margin). Revenue has grown at a compounded annual rate of +74% over three years and +99% over five years.

  • ₹108 CrRevenue · FY 2024 · -28% YoY
  • ₹35.1 LakhNet profit · 0% margin
  • ₹7.10 CrEBITDA · 7% margin
  • ₹2.8 LakhPaid-up capital
  • 40Employees (provident fund records)
  • +74%Revenue CAGR, 3 years
  • +99%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Sociam Equipment Solutions Private Limited are on its company page.

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Detailed financial statements for Equiphunt

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Timeline of Equiphunt

4 dated milestones of Equiphunt across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Equiphunt is founded.
  2. Funding First funding round of $335K.
  3. Milestone Reaches Minicorn status.
  4. Exit Acquired by Infra.Market.

Competitors of Equiphunt

Equiphunt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rent Alpha, EZLease, Yellow Rentals, Express World and Heavy Equipments, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
rentalpha.com2014Mumbai, India$36.22M48
Online B2B rentals of heavy machinery and equipment are facilitated.
ezlease.in2021Chennai, India$236,789–
Industrial equipment is rented and leased through an online platform.
yellowrentals.in2018Delhi, India–23
Power generation, material handling, and construction equipment services are provided.
expressworld.com1946Mumbai, India–28
B2B platform offering heavy machinery on rental basis
heavyequipments.in2015Bharuch, India––
Online listings for buying/selling and renting heavy construction equipment
themaquina.net2015Gurugram, India––
Online marketplace for buying,selling and renting of pre-owned construction equipment
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Detailed competitors of Equiphunt

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Web traffic of Equiphunt

The website of Equiphunt (equiphunt.com) receives about 1.2K visits a month.

  • Monthly visits
    1.2K

    ▼ 3.6% vs previous month

Similar websites

Websites whose visitors overlap most with Equiphunt. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
equipmentonlease.in
equipmentonlease.in
100%
–––
equipmentrentalsindia.com
100%
8.9K#2,844,644View details
shribalajiservices.com
shribalajiservices.com
93%
–#2,047,441–
sudhirrentals.in
sudhirrentals.in
91%
–––
accurainfracon.com
accurainfracon.com
90%
–#3,141,262–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 7 similar websites and full traffic analytics for Equiphunt

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  • 7 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Equiphunt

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Complete news archive for Equiphunt

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Similar companies to Equiphunt

10 companies that operate in the same segment as Equiphunt (Construction & Building Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-category products are supplied via a B2B marketplace platform.
2015Singapore, SingaporeUSD 470.85 MUSD 642.28 M1,331
SaaS project management software is provided for construction professionals.
2003Carpinteria, California, United StatesUSD 405.2 MUSD 1.32 B4,200
Cloud-based positioning solutions are offered for industrial sectors.
1978Sunnyvale, California, United States–USD 3.59 B12,100
Digital procurement and supply solutions for construction materials are facilitated.
2016Thane, Maharashtra, IndiaUSD 763.1 MUSD 1.43 B1,710
Provider of cloud and AI-based virtual tour solutions for construction professionals
2011Sunnyvale, California, United StatesUSD 163.18 M––
Hover is recognized for providing construction and renovation software solutions.
2011San Francisco, California, United StatesUSD 142.3 M––
Cloud-based CRM and project management software for contractors is provided.
2011American Fork, Utah, United StatesUSD 383 M––
Cloud-based AR-enabled photo collaboration for field services is provided.
2015Lincoln, Nebraska, United StatesUSD 36.25 M––
AI and app-based smart windows are provided for buildings.
2007Milpitas, California, United StatesUSD 3.71 B––
Provider of management solutions for the construction sector
1963Munchen, Bayern, Germany–USD 1.4 B–
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Frequently Asked Questions about Equiphunt

Equiphunt was founded in 2015 and raised its 1st funding round 5 years after it was founded.

Equiphunt is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Shashank Dangayach is the current CEO of Equiphunt. They have also founded this company.

Equiphunt is a funded company, having raised a total of $335.43K across 1 funding round to date. The company's 1st funding round was a Angel Round of $335.43K, raised on Jun 2020.

The primary company behind Equiphunt, Sociam Equipment Solutions Private Limited, reported revenue of β‚Ή108 Cr for FY 2024, down 28% year on year.

Equiphunt was founded in 2015 in Hyderabad, India, as a marketplace for renting heavy machinery used in construction and earth-work projects. Equipment owners are allowed to register and list their assets on the platform. Customers can search through available listings, book rentals, and complete payments online. The service connects renters with users in the construction sector across India.

Equiphunt's top competitors include Rent Alpha, Yellow Rentals and EZLease.

Equiphunt offers Equipment Rental and Spares and Services.

Equiphunt has 2 investors. Key investors include Infra.Market, and Vikram Reddy.

The valuation of Equiphunt is $1M as of Jun 2020.

Equiphunt operates through Sociam Equipment Solutions Private Limited.

Yes. Equiphunt was acquired by Infra.Market in May 2021.

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