MTandT Rentals Limited has secured ₹100 crore in its first institutional funding round from ValueQuest Investment Advisors’ S.C.A.L.E Fund II, underscoring growing investor confidence in India’s expanding infrastructure and construction equipment rental market.
Funds to strengthen fleet and expand reach
The fresh capital will be deployed mainly to enlarge MTandT Rentals’ equipment fleet and deepen its presence across key infrastructure segments. The company plans to boost capacity to service large industrial and construction projects while improving operational efficiency and turnaround times.
Demand for specialised rental equipment is rising from sectors such as metro rail, airports, renewable energy, data centres and warehousing. MTandT intends to scale operations to meet this surge, accelerate project execution and maintain stringent safety and compliance standards vital in heavy-equipment deployment.
Diverse offerings powering growth
MTandT Rentals has built a position in the market by providing aerial work platforms — including boom lifts, scissor lifts and spider lifts — alongside ground-protection solutions such as composite mats tailored for difficult terrain and congested sites.
In addition to equipment hire, the company offers end-to-end services covering maintenance, operator training and technical support. This integrated service model has helped secure long-term contracts with infrastructure developers and industrial clients across India, supporting repeat business and higher utilisation rates.
Investor view and market opportunity
ValueQuest Investment Advisors highlights the nascent but high-growth potential of India’s equipment rental sector, particularly for aerial work platforms where organised rentals remain under-penetrated. The investor cited MTandT’s execution track record and customer-centric operations as key factors in backing the company for long-term expansion.
Growth outlook
With India accelerating infrastructure investment nationwide, MTandT Rentals is positioned to capture rising rental demand. The infusion of growth capital is expected to enable geographic expansion, faster fleet modernisation and enhanced service capabilities, reinforcing the company’s focus on safety, efficiency and specialised equipment solutions.
