Chennai, India
Rane Group, founded in 1929, is a distinguished player in the Automation, Manufacturing, and Automotive industries. Headquartered in India, this company has built a robust reputation as a preferred supplier to major OEMs both domestically and internationally, exporting to more than 30 countries.
The organization recorded a sales turnover of $700 million in the financial year 2021-22, underlining its strategic technical alliances and access to cutting-edge technology. Rane Group is committed to expanding its horizons, as emphasized by their slogan. Its diverse subsidiaries, including Rane Holdings Limited, Rane (Madras) Limited, and others, offer a comprehensive range of products from steering systems to brake linings.
The company's last investment was a $4.70 million Post-IPO Equity investment by Blue River Capital on 02 September 2007. This historical data reflects the company's long-standing establishment and potential as a reliable investment opportunity.
