Malaysian-based, Smart rental, a computer rental company has secured RM5 million in seed funding via a round led by The SEA Capital in the first half of 2021.
Smart rental is No.1 in computer rental with low entry yet with full warranty and services that create long-term value for consumers. Smart Rental envisions elevating computer users without the hassle of high entry and are able to use a computer at a low price. Smart Rental is also dedicated to reduce and save the environment in every computer that is rented out.
The Smart Rental team said they are intended to use the capital raised from the investment round to support the business development so that a solid foundation can be established.
The SEA Capital managing director, Derrick Hooi, says The SEA Capital team sees the emerging potential in the computer rental market especially during this pandemic time where students are required to attend online classes at home. He believes Smart Rental will expand further with this venture in the business to seize the raising opportunity of the computer rental market in Malaysia.
About The SEA Capital:
The SEA Capital’s business scope in equity capital also included private equity, pre-IPO equity investment, and public listing. At the same time, leveraging SEA Capital’s deep industry knowledge, the high-quality projects discovered by SEA Capital have won the trust and investment of many equity investors.
The SEA Capital investment team is comprised of experienced industry experts, who have demonstrated an ability to achieve substantial growth.
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