Rent Alpha

Mumbai, India Founded: 2014 • Age: 12 yrs Acquired By Mizuho Leasing
Online B2B rentals of heavy machinery and equipment are facilitated.
Annual revenue $58.2M Latest available
Total funding $36.2M 5 rounds
Employees 36 Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

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 & Construction
    Industrial Goods & Manufacturing Retail Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Rent Alpha Private Limited
  • Date of Incorporation 21 Nov, 2013
  • Jurisdiction Goregaon East, Maharashtra, India
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $58.16 M (USD)
    24.43
    as on Mar 31, 2024
  • Net Profit
    $18.93 M (USD)
    13.99
    as on Mar 31, 2024
  • EBITDA
    $42.53 M (USD)
    20.39
    as 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
  • Employee Count
    36

    as on Jan 31, 2025

  • Acquired by
    Mizuho Leasing

    (Feb 03, 2023)

Upgrade to premium

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.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • 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.

Product name locked
Category locked
Primary

Service for renting IT equipment and machinery to businesses.

Product name locked
Category locked
Locked

Platform for managing and tracking leased assets online.

Product name locked
Category locked
Locked

Plans for short-term equipment rentals and upgrades.

People of Rent Alpha

Headcount 50-200
Employee Profiles 7
Employee Profiles
People
Pawan Gaba
Country Manager -plant And Machinery
People
Rashid Rasheed
AVP Sales & Business Development
People
Vipin Pillai
Program Head - Lenovo Financial Services
People
Ashok Biyani
Chief Financial Officer

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.

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.
Locked Locked Locked
Provider of sales & rentals, investment advisory, property management, and interior design services
Locked Locked Locked

Sanjay Shroff

-
Locked Locked Locked
Premium access

Investor details for Rent Alpha

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Rent Alpha

Investments
Premium access

Investment portfolio details for Rent Alpha

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - Rent Alpha

Premium access

Detailed financials for Rent Alpha

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Rent Alpha Comparisons

Rent Alpha Primary company
Description
Online B2B rentals of heavy machinery and equipment are faci...
Location
Mumbai, India
Founded Year
2014
Annual Revenue
$58.16 M (USD)
Net Profit
$18.93 M (USD)
EBITDA
$42.53 M (USD)
Employees
36
As of 2025
Premium access

Peer comparison for Rent Alpha

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Equipment leasing and asset lifecycle solutions are provided globally.
Locked Locked Locked
Construction equipment rentals are enabled via an online marketplace platform.
Locked Locked Locked
Power generation, material handling, and construction equipment services are provided.
Locked Locked Locked
Offers leasing and finance solutions for IT equipment, furniture, fit-outs, and machinery.
Locked Locked Locked
Provides comprehensive rental services for residential properties.
Premium access

Detailed competitors of Rent Alpha

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Rent Alpha

Premium access

Complete news archive for Rent Alpha

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

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 current CEO of Rent Alpha. 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.

As of Jan 31, 2025, the latest employee count at Rent Alpha is 36.

Annual revenue of Rent Alpha is $58.16M as on Mar 31, 2024.

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available