Bravia Capital Acquires Stake in India’s Rent Alpha

Hong Kong-based investment firm Bravia Capital has acquired a stake in Rent Alpha Private Limited, an Indian equipment rental and leasing company, for an undisclosed amount, according to an announcement from Bravia.
Jan. 27, 2016

Hong Kong-based investment firm Bravia Capital has acquired a stake in Rent Alpha Private Limited, an Indian equipment rental and leasing company, for an undisclosed amount, according to an announcement from Bravia.

“The growth trajectory of the Indian economy will need the support of specialized asset financing structures," says Sujit Cherian, head of India business for Bravia Capital.

The investment is betting on the future growth potential of the leasing market in India, especially the operating lease market, says the statement.

Founded in 2014, Rent Alpha, based in Mumbai, focuses on providing equipment rental solutions to corporate customers and specializes in residual management across different equipment classes.

Bravia Capital primarily focuses on investments in the transportation, logistics, infrastructure and financial service sectors worldwide. It has recently completed several acquisitions, including originating and structuring the acquisition of Avolon Holdings, an aircraft leasing firm.

RAPL has operations in Mumbai, Bengaluru, Pune and Gurgaon, India.

About the Author

Michael Roth

Editor

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.

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