Fortune MNC 500 India 2026 edition
Rank#400- Total income
- ₹728 Cr
- Profit
- ₹263 Cr
Rent Alpha
Mumbai, India Founded: 2014 • Age: 12 yrs Minicorn Acquired By Mizuho Leasing Fortune MNC 500 · #400
Online B2B rentals of heavy machinery and equipment are facilitated.
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About Rent Alpha
Rent Alpha is a Real Estate & Construction company based in Mumbai (India) founded in 2014 by Praveen Chauhan and Jinesh Jain, and was acquired by Mizuho Leasing in February 2023. Online B2B rentals of heavy machinery and equipment are facilitated. It operates in the Real Estate & Construction, Industrial Goods & Manufacturing, and Retail sectors. 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. Rent Alpha was last valued at $1.02 million in December 2022. Its chief executive, as recorded, is Jinesh Jain. Its Indian entity Mizuho Ra Leasing Private Limited reported revenue of ₹728 Cr. Rent Alpha offers products and services including Equipment Leasing, Asset Management, and Rental Plans. Its focus areas include Enterprise Applications, Manufacturing Tech, Online Retailers and Heavy Machinery. Its competitors include OPC Asset Solutions, Equiphunt and Yellow Rentals; 2 of its 3 listed competitors have raised funding.
Company details
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.
Rent Alpha is ranked #400 on the Fortune MNC 500 India (2026).
Recognitions & Rankings of Rent Alpha
- Headquarters Mumbai, India
- Employees 36
- Founders Praveen Chauhan, Jinesh Jain
- Stage Acquired
- SectorsReal Estate & ConstructionIndustrial Goods & Manufacturing Retail Financial Services
- Website rentalpha.com
- Social LinkedIn
- Acquired by Mizuho Leasing (Feb 2023)
- Legal Name Rent Alpha Private Limited
- Date of Incorporation 21 Nov, 2013
- Jurisdiction Mumbai, Maharashtra, India
Key Metrics
- Annual Revenue₹728 Cr
FY 2025 · +46% YoY
- Net Profit₹263 Cr
FY 2025 · 36% margin
- EBITDA₹568 Cr
FY 2025 · 78% margin
- Total Equity Funding$36.22M (USD)
in 5 rounds
- Latest Funding Round$111.6K (USD), Series A
Dec 2022
- InvestorsMizuho Leasing
& 5 more
- Employee Count36
- Acquired byMizuho Leasing
(Feb 2023)
Associated legal entities of Rent Alpha
Rent Alpha operates through Mizuho Ra Leasing Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mizuho Ra Leasing Private Limited CIN U71210MH2013PTC250247 | Active | 21 Nov 2013 | Mumbai, Maharashtra | ₹728 Cr | 36 | 8 | View details |
Products & Services of Rent Alpha
Rent Alpha offers a comprehensive portfolio of products and services, including Equipment Leasing, Asset Management, and Rental Plans.
Equipment Leasing
Leasing Services
Service for renting IT equipment and machinery to businesses.
Asset Management
Financial Services
Platform for managing and tracking leased assets online.
Rental Plans
Rental Services
Plans for short-term equipment rentals and upgrades.
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 $36.22M
- Total Rounds 5
- Last Round Series A — $111,596
- First Round $21M
(Jan 2016)
- Investors Count 5
All 5 funding rounds of Rent Alpha with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2022 | $111,596 | Series A | $1.02M | Capstone Realty Advisors | |
| Jul 2019 | $4.04M | Series A | $56.48M | Bravia Capital | – |
| Jun 2018 | $2.1M | Series A | $••••• | Bravia Capital | – |
| Aug 2016 | $8.97M | Series A | $••••• | Bravia Capital | – |
| Jan 2016 | $21M | Series A | – | Bravia Capital | – |
Valuation history
| Date | Valuation | Stage |
|---|---|---|
| Dec 2022 | $1.02M | •••••••• |
| Jul 2019 | $56.48M | •••••••• |
| Jun 2018 | $••••• | •••••••• |
| Aug 2016 | $••••• | •••••••• |
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Full valuation and stage history of Rent Alpha
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Verified entity values are shown only after access is granted.
Last known valuation $1.02M (Dec 2022). 6 investors in total: 3 institutional and 3 angel.
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.
All
Venture Fund
Institutional
Angel
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment in transportation and logistics businesses with environmental, social, and governance focuses. | 2000 | braviacapital.com | ||
Provider of sales & rentals, investment advisory, property management, and interior design services | 1977 | capstonellp.com | Mumbai, India | |
SS Sanjay Shroff | unknown_2399292a3b7d4813a | |||
JJ Jinesh Jain | Co-founder of Udaan, active angel investor in Indian startups | unknown_1530ff91ed054a738 | ||
PC Praveen Chauhan | Angel investor and entrepreneur, focused on tech startups in India. | unknown_a49de492a6e248859 | ||
Provider of strategy, healthcare, real estate, technology consulting, and asset finance services | 1969 | mizuho-ls.co.jp | Minato, Japan |
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Investor details for Rent Alpha
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Mizuho Ra Leasing Private Limited (Rent Alpha)
Mizuho Ra Leasing Private Limited is the primary company behind Rent Alpha. The board of Mizuho Ra Leasing Private Limited currently have 8 directors; the longest-serving is Jinesh Kumar Jain, appointed in 2014. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jinesh Kumar Jain DIN 06807613 | Director | 08 Feb 2014 | 12 yrs 8 mo | Mizuho Ra Leasing Private Limited |
| Praveen Chauhan DIN 06802734 | Director | 27 Nov 2015 | 10 yrs 11 mo | Mizuho Ra Leasing Private Limited |
| Ravi Arjun Bulchandani DIN 07494607 | Director | 26 Apr 2022 | 4 yrs 6 mo | Mizuho Ra Leasing Private Limited |
| Toshiaki Ito DIN 10053871 | Director | 30 Jun 2023 | 3 yrs 4 mo | Mizuho Ra Leasing Private Limited |
| Hideki Takemoto DIN 10049423 | Director | 30 Jun 2023 | 3 yrs 4 mo | Mizuho Ra Leasing Private Limited |
| Hiroshi Inui DIN 10049419 | Director | 30 Jun 2023 | 3 yrs 4 mo | Mizuho Ra Leasing Private Limited |
| Hiroshi Nagamine DIN 10049420 | Director | 30 Jun 2023 | 3 yrs 4 mo | Mizuho Ra Leasing Private Limited |
| Mitsuhiro Sakamoto DIN 10049422 | Director | 30 Jun 2023 | 3 yrs 4 mo | Mizuho Ra Leasing Private Limited |
People of Rent Alpha
8 people are tracked at Rent Alpha (5 in leadership, 3 in team); the tracked headcount is 36.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Director | Leadership | |
| Co-Founder & CEO | Leadership | |
Vipin Pillai | Program Head - Lenovo Financial Services | Leadership |
Ashok Biyani | Chief Financial Officer | Leadership |
Ganesh Mohan | Vice President - Plant & Machinery | Leadership |
Pawan Gaba | Country Manager -plant And Machinery | Team |
Rashid Rasheed | AVP Sales & Business Development | Team |
Ronit Jain | CRM | Team |
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Complete people profiles for Rent Alpha
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Financials of Rent Alpha
Figures of Mizuho Ra Leasing Private Limited, the primary company behind Rent Alpha, for FY 2025. Revenue was ₹728 Cr (+46% year on year). Net profit was ₹263 Cr (36% margin). EBITDA was ₹568 Cr (78% margin). Revenue has grown at a compounded annual rate of +37% over three years and +61% over five years.
- ₹728 CrRevenue · FY 2025 · +46% YoY
- ₹263 CrNet profit · 36% margin
- ₹568 CrEBITDA · 78% margin
- ₹30.5 LakhPaid-up capital
- 36Employees (provident fund records)
- +37%Revenue CAGR, 3 years
- +61%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mizuho Ra Leasing Private Limited are on its company page.
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Detailed financial statements for Rent Alpha
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Timeline of Rent Alpha
5 dated milestones of Rent Alpha across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Rent Alpha is founded.
- Funding First funding round of $21.0M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $112K.
- Exit Acquired by Mizuho Leasing.
Competitors of Rent Alpha
Rent Alpha has 3 listed competitors in our database, 2 of them funded. They include OPC Asset Solutions, Equiphunt and Yellow Rentals.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| opc.co.in | 2005 | Mumbai, India | $118,135 | 1 | Equipment leasing and asset lifecycle solutions are provided globally. | |
| equiphunt.com | 2015 | Hyderabad, India | $335,432 | 40 | Construction equipment rentals are enabled via an online marketplace platform. | |
| yellowrentals.in | 2018 | Delhi, India | 23 | Power generation, material handling, and construction equipment services are provided. |
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Related news about Rent Alpha
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Frequently Asked Questions about Rent Alpha
Rent Alpha was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Rent Alpha is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Jinesh Jain is the CEO of Rent Alpha, as recorded in our data. They have also founded this 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 $21M, raised on Jan 2016.
Rent Alpha has 36 employees.
The primary company behind Rent Alpha, Mizuho Ra Leasing Private Limited, reported revenue of ₹728 Cr for FY 2025, up 46% year on year.
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.
Rent Alpha's top competitors include Equiphunt, OPC Asset Solutions and Yellow Rentals.
Rent Alpha offers Equipment Leasing, Asset Management, and Rental Plans.
Rent Alpha has 6 investors. Key investors include Mizuho Leasing, Capstone Realty Advisors, Bravia Capital, Sanjay Shroff, and Jinesh Jain.
The valuation of Rent Alpha is $1.02M as of Dec 2022.
Rent Alpha operates through Mizuho Ra Leasing Private Limited.