What Rentwise does

Rentwise Sdn Bhd is a Malaysian-headquartered Green IT infrastructure services company founded in 2001 by Leanne Ooi, operating a circular computing model built around a proprietary 16-step remanufacturing process that restores retired business-grade computers to like-new condition. The company is the first and only IT equipment remanufacturer endorsed by Malaysia's Ministry of International Trade and Industry (MITI) under the R7KPA assessment, and holds Microsoft Registered Refurbisher and MaGIC social enterprise status. Its core technology stack combines the accredited remanufacturing process, secure data sanitization for IT Asset Disposition (ITAD), and an IT infrastructure monitoring solution that flags issues across servers, switches and applications.

The company's product portfolio spans Remanufactured and Refurbished Computers, an operating-lease Rental service, Resale via an IT retail partner network, ITAD with secure data wiping, Consultancy & Software, bundled security (Bitdefender, Cibecs, WatchGuard), and add-on digital tools including an IT Carbon Calculator. Server and network equipment rental, launched in 2020 alongside IP PBX and bandwidth management, is intended to balance the revenue mix toward a 50/50 split between PCs and servers/networks.

Rentwise earns approximately 75% of revenue from operating leases to corporate clients and 25% from outright sales of refurbished equipment, with sales offices in Shah Alam (headquarters), Kuching, Kota Kinabalu and Singapore, plus clients served in Vietnam and Thailand. Its 200+ corporate client base spans manufacturing, automotive, oil & gas, healthcare, education, insurance, airline and technology (Sunway Group, Sunway Medical Centre, AIA, Canon, Malindo Air, Honda, Prudential, Spritzer, Arvato Systems). Pricing delivers 25–40% cost savings versus new equipment, with multi-year (typically 3–4 year) leases that keep assets off customer balance sheets, and SLA-backed service including 1.5-hour response, 90% first-call resolution and 98% SLA achievement. The company processes roughly 60,000 pieces of equipment annually and has remanufactured more than 70,000 computers cumulatively, reducing 23.3 million kg of CO2 since inception.

Name

Rentwise

Legal name

Rentwise Sdn Bhd

Website

https://rentwise.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

51–100 employees

Short description

Rentwise is a Malaysian Green IT infrastructure services company that remanufactures retired business-grade computers for rental, resale, and IT asset disposition to 200+ corporate clients across Malaysia and Singapore.

Ownership category

akta.pro rank

Product category

IT Infrastructure Lifecycle Services

NAICS

Office Machinery and Equipment Rental and Leasing (53242), Electronic and Precision Equipment Repair and Maintenance (81121)

SIC

Services-Computer Rental & Leasing (7377)

akta.pro primary industry

IT Asset Lifecycle Services (Procure-to-Retire) (BPAEAOAF)

akta.pro secondary industries

IT Asset Disposition (ITAD) Services (Data-Bearing Asset Handling) (BPALAIAA), Electronics Refurbishment, Repair & Reuse (Remarketing/Resale) (BPALAIAD), IT Asset Disposition (ITAD) & Secure Data Erasure (BPAEAOAK), Asset Recovery, Surplus & Decommissioning Services (EUAIANAD)

Keywords

• IT equipment rental
• Computer remanufacturing
• IT asset disposition
• Circular computing
• Green IT infrastructure

Headquarters

HQ city

Shah Alam

HQ country

Malaysia

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Computer Rental (Operating Lease): Renting business-grade remanufactured and new computers to corporate clients under an operating lease model with comprehensive support services throughout the rental period. Approximately 75% of business is from leasing.
2. Refurbished/Remanufactured Computer Sales: Sale of refurbished and remanufactured computers to small enterprises and through IT retail partner network. Approximately 25% of business is from selling refurbished equipment.
3. IT Asset Disposition (ITAD): Decommissioning services for retired IT assets with secure data wiping and attractive buyout solutions. End-of-lease equipment is either refurbished for resale or recycled by authorized recyclers.
4. Server and Network Equipment Rental: Rental of servers and network equipment, expanding from traditional desktop and laptop rental. Company is building expertise to offer comprehensive IT rental solutions including IP PBX systems and network/bandwidth management.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Rentwise remanufactures and refurbishes retired business-grade IT equipment through a proprietary 16-step MITI-accredited process, then delivers the restored computers to corporate clients in Malaysia and Singapore primarily via an operating lease rental model (approximately 75% of revenue) with comprehensive support services, supplemented by outright resale of refurbished computers through an IT retail partner network (approximately 25%). The company also offers IT Asset Disposition (ITAD) services that buy back and securely decommission retired IT assets with data wiping, plus consultancy, software, and infrastructure monitoring solutions to provide a full end-to-end IT equipment lifecycle.

Product overview

Rentwise is a Green IT infrastructure services provider offering a comprehensive end-to-end IT lifecycle solution centered on circular computing through remanufacturing. The core portfolio consists of Remanufactured Computers (restored via 16-step MITI-accredited process) and Refurbished Computers, supported by three service pillars: Rental Services (operating lease model with full support), Resale Services (through retail partner network), and IT Asset Disposition (secure decommissioning with data wiping). Add-on offerings include Consultancy & Software, IT Infrastructure Monitoring, the Digital Learning Empowerment Programme (DLEP) CSR initiative, an IT Carbon Calculator tool, and bundled security solutions featuring Bitdefender, Cibecs, and WatchGuard. The company targets Malaysian and Singapore markets, serving over 200 corporate clients with business-grade equipment.

Differentiator

Problem solved

Functional benefit

Products and services

• Remanufactured Computers Business-grade remanufactured computers restored through Rentwise's proprietary 16-step remanufacturing process audited and accredited by MITI, returning retired IT equipment to as-new condition with upgraded components, latest operating systems, and matching warranty. Available via rental and resale channels to corporate clients in Malaysia and Singapore.
• Refurbished Computers Previously owned computers that have been repaired, cleaned, and tested for resale through Rentwise's network of IT retail partners and periodic warehouse sales events, offered at lower price points than remanufactured equivalents.
• Rental Services (Operating Lease) Operating lease rental of business-grade remanufactured and new computers to corporate clients, typically with 3-4 year lease durations, comprehensive support services included throughout the rental period, plus satisfaction guarantees. Approximately 75% of company revenue.
• Resale Services Sale of refurbished computers to small enterprises through a network of IT retail partners and periodic warehouse sales events, providing cost-effective business-grade computing solutions to SME buyers who prefer outright purchase over leasing.
• IT Asset Disposition (ITAD) Decommissioning service for retired IT assets through an attractive buyout solution, including secure data wiping services compliant with DOE standards using special data sanitization software, with end-of-lease equipment either refurbished for resale or recycled by authorized recyclers.
• Consultancy & Software

Quantifiable outcome

• 70% carbon footprint reduction achievable by adopting remanufactured technology rather than new
• +9 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Arvato Systems MalaysiacoreStrategic or Co-development Partner · 19 December 2024Collaboration to donate remanufactured desktops and laptops valued at RM41,310 to SK Seri Anggerik as part of Rentwise's Digital Learning Empowerment Programme (DLEP). Arvato Systems provides retired laptops which Rentwise remanufactures before donation. Partnership aims to bridge digital divide and promote sustainable practices. Equipment empowers students for robotics, game coding, and 3D software development.
• The Lost Food ProjectminorStrategic or Co-development Partner · 18 December 2023Donation of over RM21,000 worth of remanufactured laptops and desktop computers to The Lost Food Project, a non-profit fighting food waste and hunger. Partnership estimated to sequester 10 tonnes of CO2. Arvato Systems donated retired laptops which Rentwise remanufactured.
• Sunway Medical CentrecoreStrategic or Co-development Partner · 1 June 2023Ongoing CSR partnership through Digital Learning Empowerment Programme (DLEP). Sunway Medical Centre donates retired equipment which Rentwise remanufactures and deploys to schools. First project involved 100 remanufactured computers to 5 public schools including SK La Salle PJ and Sekolah Jenis Kebangsaan (C) Tun Tan Cheng Lock.
• Prudential Assurance Malaysia Berhad (PAMB)coreStrategic or Co-development Partner · 1 March 2023CSR collaboration under DLEP to donate desktop computers to Sekolah Menengah Kebangsaan Batu Unjur, a special needs school in Klang. Rentwise remanufactures donated equipment meeting unique needs of students. Demonstrates commitment to digital learning access for special needs students.
• Sunway Education GroupcoreStrategic or Co-development Partner · 13 February 2023Partnership to donate 20 sets of desktop computers to Sekolah Jenis Kebangsaan (C) Mun Yee. Sunway Education donates equipment which Rentwise remanufactures. Focus on supporting special needs students with dedicated to simplicity and efficiency. CSR ceremony held with school board director and headmistress.
• Aerocentric Events / MDECminorGTM or Marketing Partner · 13 November 2022Official IT partner for #MyDigitalMaker Fair 2022 Central Region Chapter. Event powered by Rentwise's 20 refurbished laptops and 4 refurbished desktops. Platform to feature Malaysia's first and only remanufactured desktops and laptops and raise awareness on circular IT products.
• Sumitomo Corporation Asia & Oceania Pte Ltd (SCAOKL)minorStrategic or Co-development Partner · 28 July 2022Joint CSR programme to donate 10 units of remanufactured desktops to SMK Taman Klang Utama (PPKI) special needs division. Partnership with Sumitomo Corporation Malaysia Sdn Bhd (SCMY) as part of ongoing digital inclusion initiatives.
• Spritzer BerhadminorStrategic or Co-development Partner · 9 July 2021CSR partnership with Malaysia's largest bottled water producer. Donated 16 PCs worth RM33,500 to Hua Lian High School in Taiping, Perak. Partnership alignment of goals to bridge and uplift standard of digital education. BFM interview highlighted benefits of Rentwise's remanufacturing process for environment.
• Malaysia Digital Economy Corporation (MDEC)coreStrategic or Co-development Partner · 1 February 2021Partnership through Digital Learning Empowerment Programme (DLEP). MDEC collaboration led to sponsorship of 30 refurbished notebooks to Tenom Innovation Centre (TIC) in Sabah worth RM39,000. Supports MDEC's objective of spurring digital access for education and implementing Loan-a-Device Program for SPM candidates.
• Medical Awareness Camp Outreach (MACO)coreStrategic or Co-development Partner · 17 September 2020Social impact collaboration to address digital divide affecting school children from B40 families. MACO's Computer Empowerment Program provides individual students with computers. Rentwise donated 100 thin client computers and agreed to continually donate off-lease retired computers estimated at hundreds per annum. Aligns with Rentwise's DLEP programme.
• Rhipe (Microsoft Distributor)minorGTM or Marketing Partner · 3 July 2020Webinar collaboration with Microsoft distributor Rhipe on 'Technology, The Enabler During Period of Uncertainties'. Shared insights on effective remote working and collaboration tools for business continuity. Covered data governance and security topics.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Tier1 Asset Management: US-based IT asset disposition and refurbishment provider serving enterprise and data center customers with secure decommissioning, data sanitization, and resale services. Comparable to Rentwise's ITAD service pillar with similar enterprise customer focus and ESG-driven circular economy positioning.
• Apto Solutions: Global IT asset disposition company providing certified data destruction, refurbishment, and remarketing services to enterprise customers. Apto Solutions is a direct peer in the ITAD and refurbishment space, operating at larger scale but with overlapping service offerings and customer profiles.
• Circular Computing: UK-based remanufactured laptop specialist producing 'remanufactured as new' business-grade laptops through a proprietary multi-step process. Highly comparable to Rentwise's 16-step remanufacturing model with similar business-grade focus, ESG positioning, and circular computing value proposition.
• TES (Technology Enabled Services): Singapore-headquartered global IT asset disposition provider with comprehensive ITAD, data sanitization, and refurbishment services. TES is a direct competitor in the APAC ITAD and refurbishment space, operating at significantly larger scale than Rentwise but with overlapping target customers and services.
• Sims Lifecycle Services: Global IT asset disposition and electronics recycling division of Sims Metal Management, providing secure data destruction, refurbishment, and resale services worldwide. Comparable as a direct ITAD competitor with global scale that Rentwise faces when competing for multinational enterprise clients in Malaysia and Singapore.
• Procurri: Singapore-listed IT lifecycle services provider offering IT asset disposition, refurbishment, and remarketing services across Asia Pacific. Procurri is highly comparable to Rentwise given overlapping service offerings in ITAD and refurbished equipment, with similar enterprise customer focus and APAC regional presence.

Broad incumbents

• Iron Mountain: Global information management services company with significant IT asset disposition and secure data destruction offerings as part of a broader data center and records management portfolio. Iron Mountain is a broad incumbent competing with Rentwise in ITAD while offering additional services (storage, shredding) outside Rentwise's scope.
• HP Device as a Service (DaaS): HP's subscription-based device lifecycle offering providing hardware, services, and support under a per-device monthly fee. HP DaaS is a broad incumbent alternative to Rentwise's operating lease model, offering similar recurring revenue IT lifecycle services from a major OEM with greater scale and global reach.
• DLL Group (De Lage Landen): Global vendor finance and equipment leasing company with technology finance offerings including IT equipment leasing and lifecycle management. DLL is a broad incumbent in the equipment leasing space competing with Rentwise for large enterprise leasing contracts, with greater capital base and international reach.
• Lenovo Device as a Service: Lenovo's subscription-based PC lifecycle management service bundling hardware with support, deployment, and asset management. Lenovo DaaS competes with Rentwise's leasing model as an OEM-led alternative, with the additional advantage of Lenovo's certified refurbished hardware program overlapping with Rentwise's remanufactured offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rentwise