i. Silicon Rental Solutions is an IT equipment outsourcing company, engaged in providing end to end IT equipments on a rental and returnable basis in India. They provide laptops, desktops, printers, servers and other peripherals like CCTV cameras, projectors, storage devices etc. on rental basis mainly to small, medium and large corporate. Based on the client’s IT requirements, Silicon Rental offer them tailor-made rental schemes that suit their requirements.

ii. By providing the IT rental services to its customers, they provide them with the flexibility and advantage to acquire the requisite equipments that they need to maximize their productivity without compromising their IT budget. In addition, they also sell the used IT equipments to clients as per their requirements. In Fiscal 2022, revenue generated from rental services and sale of used IT equipments represented 92.81% and 7.19% of the total revenue in such period, respectively.

iii. The company believes that the rapidly transforming technology and increased digitalization has made a robust IT infrastructure mandatory for companies to operate efficiently. Many enterprises face challenges to optimize the IT framework according to the requirements of their business due to budget limitation, lack of knowledge or other issues. The company support enterprises by providing them with the required IT products and equipments of major brands for short period of time ranging from 1 day to longer period upto 36 months based on the customer requirements.

iv. For providing seamless services to its customers and to cater its customer’s diverse requirements they carry stocks of latest models of Laptops, desktops, Servers, Mac books, and other IT equipments and also provide them the choice of equipment’s from all major brands like HP, Dell, Lenovo, Apple, Asus, Intel, AMD, Gigabyte, Sonicwall, Dlink, Cisco etc.

v. Benefits derived by their customers from its business:–

• Convenience to choose from wide choice of IT equipments from different manufacturers;
• Flexibility of operations by distributing the cost of equipments into multiple parts;
• Increasing purchasing power for the customers so that they can acquire more equipment and the latest technology from the market;
• Elimination of obsolescence by providing latest technology without the fear of equipment becoming obsolete as we offer timely up-gradation of technology hardware and software equipment;
• Overcoming budget constraints through renting rather than purchasing the equipment’s.