About EZLease
EZLease is a company based in Chennai (India) founded in 2021 by Dinesh Baid, Manish Kumar, Aashish Surana, and Neha Jain. EZLease has raised $236.79 thousand across 2 funding rounds from investors including Kavitha Surana, Bhavin Harshad Shah and Piyush Vishnukumar Kedia. The company has 1 employees as of March 27, 2024. EZLease offers products and services including Equipment Leasing Service, Robotics as a Service, and Packaging Machineries. EZLease operates in a competitive market with competitors including Rent Alpha, OPC Asset Solutions, Equiphunt, Yellow Rentals and Capsave Finance, among others.
- Headquarter Chennai, India
- Employees 1 as on 27 Mar, 2024
- Founders Dinesh Baid, Manish Kumar, Aashish Surana, Neha Jain
- Stage Minicorn
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Sectors
RetailHealthcare Financial Services Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Ezlease Ventures Private Limited
- Date of Incorporation 23 Apr, 2021
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$209.99 K (USD)6617.31as on Mar 31, 2023
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Net Profit
-$21.74 K (USD)25.35as on Mar 31, 2023
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EBITDA
$128.18 K (USD)638.71as on Mar 31, 2023
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Total Equity Funding
$236.79 K (USD)
in 2 rounds
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Latest Funding Round
$135.99 K (USD), Seed
Dec 18, 2023
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Investors
Abusha Investment & Management Services
& 15 more
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Employee Count
1
as on Mar 27, 2024
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Products & Services of EZLease
EZLease offers a comprehensive portfolio of products and services, including Equipment Leasing Service, Robotics as a Service, and Packaging Machineries.
Provides rental of machinery without upfront costs for businesses
Offers robotic solutions for manufacturing and production needs
Enables efficient packaging through leased machinery options
Funding Insights of EZLease
EZLease has successfully raised a total of $236.79K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $135.99 thousand completed in December 2023. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $135,993
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First Round
First Round
(11 Jul 2022)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - EZLease | Valuation | Kavitha Surana | |
| Jul, 2022 | Amount | Seed - EZLease | Valuation | Abusha Investment & Management Services |
Investors in EZLease
EZLease has secured backing from 16 investors, including angel and institutional investors. Prominent investors backing the company include Kavitha Surana, Bhavin Harshad Shah and Piyush Vishnukumar Kedia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of diversified asset management services
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Founded Year | Domain | Location | |
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KS
Kavitha Surana |
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Founded Year | Domain | Location |
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BH
Bhavin Harshad Shah |
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Founded Year | Domain | Location |
Investments & Acquisitions by EZLease
Financial Statements - EZLease
Ezlease Comparisons
Competitors of EZLease
EZLease 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, OPC Asset Solutions, Equiphunt, Yellow Rentals and Capsave Finance, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Online B2B rentals of heavy machinery and equipment are facilitated.
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| domain | founded_year | HQ Location |
Equipment leasing and asset lifecycle solutions are provided globally.
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| domain | founded_year | HQ Location |
Construction equipment rentals are enabled via an online marketplace platform.
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| domain | founded_year | HQ Location |
Power generation, material handling, and construction equipment services are provided.
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| domain | founded_year | HQ Location |
Offers leasing and finance solutions for IT equipment, furniture, fit-outs, and machinery.
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| domain | founded_year | HQ Location |
Provides comprehensive rental services for residential properties.
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Latest news on Ezlease
Frequently Asked Questions about EZLease
EZLease was founded in 2021 and raised its 1st funding round 1 year after it was founded.
EZLease is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
EZLease is a funded company, having raised a total of $236.79K across 2 funding rounds to date. The company's 1st funding round was a Seed of $100.8K, raised on Jul 11, 2022.
As of Mar 27, 2024, the latest employee count at EZLease is 1.
Annual revenue of EZLease is $209.99K as on Mar 31, 2023.
Provider of industrial equipment rental and leasing services. The main product offered by the platform is robots as a service that includes material handling, CNC tending, spot welding, etc. It provides a platform to rent and sell various equipment like cranes, testing machines, cobots, warehouse and packaging machines, etc. It also offers medical and educational equipment such as blood testing machines, ventilator setups, auditorium lighting, desktops, scanners, etc.
EZLease's top competitors include Rent Alpha, Equiphunt and OPC Asset Solutions.
EZLease offers Equipment Leasing Service, Robotics as a Service, and Packaging Machineries.
EZLease has 16 investors. Key investors include Kavitha Surana, Bhavin Harshad Shah, Piyush Vishnukumar Kedia, Sandesh Chordia, and Abusha Investment & Management Services.
The valuation of EZLease is $2.57M as of Jul 2022.