MTandT Rentals focuses on supplying safe and efficient access solutions such as boom lifts, scissor lifts and PortaDeck composite mats, complemented by operator training, maintenance, and technical support. Founded and led by Rakesh Modi, the company is based in Chennai and serves sectors including airports, renewable energy, metro rail, data centres, and large industrial projects. MTandT has reported a compound annual growth rate of over 48% between FY21 and FY25. The business has previously raised about Rs 62 crore from early-stage investors and family offices and has now received its first institutional investment of Rs 100 crore from ValueQuest S.C.A.L.E. Fund II. The company intends to use the new capital to support larger and more complex projects, improve asset utilisation, and speed up turnaround times. Its integrated offering of equipment plus training and technical support positions it as a reliability-focused provider in India’s infrastructure ecosystem.

Total raised

$11M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2026