About Rent Alpha
Rent Alpha is a company based in Mumbai (India) founded in 2014 by Praveen Chauhan and Jinesh Jain was acquired by Mizuho Leasing in February 2023.. Rent Alpha has raised $36.22 million across 5 funding rounds from investors including Mizuho Leasing, Capstone Realty Advisors and Bravia Capital. The company has 36 employees as of January 31, 2025. Rent Alpha offers products and services including Equipment Leasing, Asset Management, and Rental Plans. Rent Alpha operates in a competitive market with competitors including OPC Asset Solutions, Equiphunt, Yellow Rentals, Capsave Finance and Connect Residuary, among others.
- Headquarter Mumbai, India
- Employees 36 as on 31 Jan, 2025
- Founders Praveen Chauhan, Jinesh Jain
- Stage Minicorn
-
Sectors
Real Estate & ConstructionIndustrial Goods & Manufacturing Retail Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Rent Alpha Private Limited
- Date of Incorporation 21 Nov, 2013
- Jurisdiction Goregaon East, Maharashtra, India
-
Annual Revenue
$58.16 M (USD)24.43as on Mar 31, 2024
-
Net Profit
$18.93 M (USD)13.99as on Mar 31, 2024
-
EBITDA
$42.53 M (USD)20.39as on Mar 31, 2024
-
Total Equity Funding
$36.22 M (USD)
in 5 rounds
-
Latest Funding Round
$111.6 K (USD), Series A
Dec 15, 2022
-
Investors
Mizuho Leasing
& 5 more
-
Employee Count
36
as on Jan 31, 2025
-
Acquired by
Mizuho Leasing
(Feb 03, 2023)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Rent Alpha
Rent Alpha offers a comprehensive portfolio of products and services, including Equipment Leasing, Asset Management, and Rental Plans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for renting IT equipment and machinery to businesses.
Platform for managing and tracking leased assets online.
Plans for short-term equipment rentals and upgrades.
Unlock access to complete
Funding Insights of Rent Alpha
Rent Alpha has successfully raised a total of $36.22M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $111.6 thousand completed in December 2022. 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 5
- Last Round Series A — $111,596
-
First Round
First Round
(15 Jan 2016)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Series A - Rent Alpha | Valuation | Capstone Realty Advisors | |
| Jul, 2019 | Amount | Series A - Rent Alpha | Valuation | Bravia Capital |
|
| Jun, 2018 | Amount | Series A - Rent Alpha | Valuation | Bravia Capital |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rent Alpha
Rent Alpha has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mizuho Leasing, Capstone Realty Advisors and Bravia Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment in transportation and logistics businesses with environmental, social, and governance focuses.
|
Founded Year | Domain | Location | |
|
Provider of sales & rentals, investment advisory, property management, and interior design services
|
Founded Year | Domain | Location | |
|
SS
Sanjay Shroff |
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Rent Alpha
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Rent Alpha
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rent Alpha Comparisons
Competitors of Rent Alpha
Rent Alpha 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 OPC Asset Solutions, Equiphunt, Yellow Rentals, Capsave Finance and Connect Residuary, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Equipment leasing and asset lifecycle solutions are provided globally.
|
|
| domain | founded_year | HQ Location |
Construction equipment rentals are enabled via an online marketplace platform.
|
|
| domain | founded_year | HQ Location |
Power generation, material handling, and construction equipment services are provided.
|
|
| domain | founded_year | HQ Location |
Offers leasing and finance solutions for IT equipment, furniture, fit-outs, and machinery.
|
|
| domain | founded_year | HQ Location |
Provides comprehensive rental services for residential properties.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Rent Alpha
Frequently Asked Questions about Rent Alpha
When was Rent Alpha founded?
Rent Alpha was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Rent Alpha located?
Rent Alpha is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Rent Alpha?
Jinesh Jain is the current CEO of Rent Alpha. They have also founded this company.
Is Rent Alpha a funded company?
Rent Alpha is a funded company, having raised a total of $36.22M across 5 funding rounds to date. The company's 1st funding round was a Series A of $2.1M, raised on Jan 15, 2016.
How many employees does Rent Alpha have?
As of Jan 31, 2025, the latest employee count at Rent Alpha is 36.
What is the annual revenue of Rent Alpha?
Annual revenue of Rent Alpha is $58.16M as on Mar 31, 2024.
What does Rent Alpha do?
Rent Alpha was established in 2014 in Mumbai, India, as an online B2B platform focused on equipment leasing. Rentals are provided for items including construction equipment, IT hardware, medical devices, furniture, surveillance systems, freezers, ATM machines, and palettes. Operations center on enabling business leases through digital access, with additional services encompassing asset management and subscription-based rental options.
Who are the top competitors of Rent Alpha?
Rent Alpha's top competitors include Equiphunt, OPC Asset Solutions and Yellow Rentals.
What products or services does Rent Alpha offer?
Rent Alpha offers Equipment Leasing, Asset Management, and Rental Plans.
Who are Rent Alpha's investors?
Rent Alpha has 6 investors. Key investors include Mizuho Leasing, Capstone Realty Advisors, Bravia Capital, Sanjay Shroff, and Jinesh Jain.
What is Rent Alpha's valuation?
The valuation of Rent Alpha is $1.02M as of Dec 2022.