Founded in 2013, Rent Alpha and its 100% non-bank subsidiary- Capsave Finance have risen to become one of India’s top equipment leasing companies. The company provides equipment rental solutions to corporate customers for IT equipment, office furniture, medical equipment and plant and machinery.
Nuvama successfully advised Rent Alpha on its sale of 51% of the company to Mizuho Leasing for an undisclosed consideration. With this acquisition, as a consolidated subsidiary of Mizuho Leasing, Rent Alpha Group’s financing capabilities will not only get a fillip but will also help it to rapidly scale its business.
Nuvama
Advised in the sale of
Rent Alpha Private Limited (51%)
to