MTandT Rentals Ltd., a key player in India’s equipment rental and infrastructure services space, has secured Rs 100 crore in funding from ValueQuest S.C.A.L.E. Fund II, marking a significant step in its growth and expansion journey.
Key Highlights
- MTandT Rentals raises ₹100 crore from ValueQuest Fund II to expand fleet and operations nationwide.
- Funding highlights rising investor interest in India’s equipment rental sector driven by infrastructure growth demand.
The investment is aimed at strengthening the company’s fleet, enhancing technology capabilities, and expanding its presence across high-growth infrastructure and industrial segments. The capital infusion also reflects growing investor confidence in the equipment rental sector, which is witnessing increased demand driven by infrastructure development and capital efficiency needs.
ValueQuest’s S.C.A.L.E. Fund II, a Category II Alternative Investment Fund (AIF), focuses on growth-stage companies with strong scalability and execution capabilities. The fund has been actively backing mid-market businesses with proven models and long-term growth potential, making MTandT Rentals a strategic addition to its portfolio.
MTandT Rentals plans to utilise the fresh funds to expand its rental fleet, invest in advanced analytics and digital platforms, and improve operational efficiencies. The company has been steadily scaling its operations by enhancing customer coverage and introducing value-added services in recent years.
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Industry experts believe this funding comes at a time when businesses are increasingly shifting towards asset-light models, preferring rentals over ownership to optimise costs and improve flexibility. The equipment rental market in India is expected to grow significantly, supported by government infrastructure spending and private sector capital expenditure.

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