MTandT Rentals’ latest fundraise signals more than just capital infusion—it reflects the growing momentum behind specialised infrastructure solutions in India’s evolving industrial landscape. The Chennai-based company has secured Rs 100 crore from ValueQuest S.C.A.L.E. Fund II, marking its first institutional backing after previously raising Rs 62 crore from early-stage investors and family offices.
Founded and led by Rakesh Modi, MTandT Rentals has steadily built its presence by focusing on a critical but often overlooked segment—safe and efficient access solutions. From boom lifts and scissor lifts to its PortaDeck composite mats, the company’s offerings have found strong relevance across sectors where precision, safety, and speed are non-negotiable. Alongside equipment, its emphasis on operator training, maintenance, and technical support adds a layer of reliability that clients increasingly value.
This fresh round comes at a time when India’s infrastructure push is accelerating, with demand rising across airports, renewable energy, metro rail, data centres, and large industrial projects. MTandT Rentals now aims to strengthen its ability to service larger and more complex projects, improve asset utilisation, and deliver faster turnaround times.
What stands out is the company’s growth trajectory—reporting a CAGR of over 48 per cent between FY21 and FY25—pointing to both strong execution and a market that is rapidly expanding. As infrastructure ambitions scale, companies like MTandT Rentals are positioning themselves as key enablers behind the scenes, quietly powering progress where it matters most.
