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.
- Headquarter Hyderabad, India
- Founders Souvik Sengupta, Rajesh Krishnan, Shashank Dangayach
- Stage Minicorn
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Sectors
Real Estate & ConstructionIndustrial Goods & Manufacturing Retail
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Sociam Equipment Solutions Private Limited
- Date of Incorporation 05 May, 2016
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$17.97 M (USD)42.14as on Mar 31, 2023
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Net Profit
-$861.85 K (USD)-259.68as on Mar 31, 2023
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EBITDA
-$171.34 K (USD)-112.53as on Mar 31, 2023
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Total Equity Funding
$335.43 K (USD)
in 1 rounds
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Latest Funding Round
$335.43 K (USD), Angel Round
Jun 08, 2020
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Investors
Infra.Market
& 1 more
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Employee Count
Not available
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Acquired by
Infra.Market
(May 30, 2021)
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Products & Services of Equiphunt
Equiphunt offers a comprehensive portfolio of products and services, including Equipment Rental and Spares and Services.
Platform for renting construction machinery to businesses.
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.
Investors in Equiphunt
Equiphunt has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Infra.Market and Vikram Reddy.
| Investor | Description | Founded Year | Domain | Location |
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Vikram Reddy |
Angel investor and entrepreneur, focused on tech startups in India.
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Digital procurement and supply solutions for construction materials are facilitated.
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Investor details for Equiphunt
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Equiphunt
Investment portfolio details for Equiphunt
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Financial Statements - Equiphunt
Detailed financials for Equiphunt
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- Profit trends
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Equiphunt Comparisons
Peer comparison for Equiphunt
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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 Name | Domain | Founded year | HQ Location | Description |
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Online B2B rentals of heavy machinery and equipment are facilitated.
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Industrial equipment is rented and leased through an online platform.
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Power generation, material handling, and construction equipment services are provided.
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| Locked | Locked | Locked |
B2B platform offering heavy machinery on rental basis
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Online listings for buying/selling and renting heavy construction equipment
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Detailed competitors of Equiphunt
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Equiphunt
Complete news archive for Equiphunt
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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.
Annual revenue of Equiphunt is $17.97M as on Mar 31, 2023.
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.