What is Tranzlease?
Their motto is simple :
“If it’s Your Car, It’s TranzLease.”
TranzLease is an automobile leasing company that has been integrating the US/European style of an auto lease with its own “desi” consumer demand characteristics since its foundation, resulting in a unique signature product style that has been and continues to be appreciated by top Indian corporations and their employees.
The story behind Tranzlease
TranzLease’s founder promoter, Anindya, a 32-year-old investment banker with a passion for vehicles, decided in 2006 that the time was perfect to offer “intelligent leasing” in India; his objective was to transform and improve the way Indians owned their cars. The goal was to deliver “freshness” and create a product basket that mirrored the tastes and needs of the discerning and budget-conscious Indian vehicle consumer.
The young entrepreneur’s idea has already resulted in three successful rounds of PE/strategic investments, as well as funding agreements with India’s major banks and NBFCs, and pan-India channel partnerships with all automobile OEMs and dealers networks. TranzLease is now regarded as one of Corporate India’s most creative and inventive leasing providers, with a prestigious client list that includes MNCs operating in India as well as top Indian blue-chip corporations. TranzLease creates an automotive lifestyle for its customers by seamlessly integrating practically all aspects of car buying.
Their vision is to become the Indian consumer’s first choice for an automobile purchase, finance, and other automotive-related needs.
Their mission is to provide their customers with an Automobile Lifestyle by providing innovative, cost-effective, and transparent financing and leasing solutions, as well as a full variety of related products and services, on a tech-enabled 360-degree solution platform. While TranzLease continues to innovate and expand, the company’s Core Values remain simple and focused. Always be open and honest in all you do. Provide personalized service to the consumer to delight them. Continue to improve the product basket to deliver a one-of-a-kind experience.
On a pan-India basis, TranzLease works closely with practically all auto manufacturers, their dealers, and associated service providers. As a result of these alliances, they can provide our customers the best savings, priority delivery, priority servicing, complete maintenance plans, warranty management services, and so on. Special tie-ups with Volkswagen Group, Mercedes Benz, BMW, and Toyota about certain integrated goods for our customers are also included in our Auto sector tie-ups.
To give the greatest insurance cover and managed insurance services to their consumers, they have partnered with major insurance firms such as Bharti Axa, TATA AIG, Royal Sundaram, and Reliance General Insurance.
Anindya Chakraborty, Managing Director
Anindya is a Chartered Accountant who has worked in investment banking and automotive leasing in India and overseas for over a decade. He began his career with PwC in Calcutta, India, and afterward went to KPMG ME, where he assisted in the development of KPMG’s CF business in Kuwait. Following KPMG, he worked at a boutique investment bank as a Partner, M&A, with a focus on consumer financing and leasing. Anindya then relocated to Turkey to work as the Deputy CEO/CFO for the firm’s third-largest automotive leasing company. He has worked on various projects in the fields of corporate finance, private equity, mergers and acquisitions, valuations, and other related sectors in many parts of the world, including the Middle East, Europe, and the Americas.
Anindya returned to India in 2006 and formed his own automotive leasing company with the help of friends and financial institutions. He oversaw the company from 2006 to 2009, making it one of India’s fastest-growing auto leasing companies.
Anindya is the current MD of TranzLease, intending to turn the company into a giant in India over the next ten years.
His specialties include Structured finance, Marketing & Product Development, Private Equity, and converting ideas into business realities.