INDIA RESURGENCE ASSET MANAGEMENT BUSINESS PRIVATE LIMITED
INDIA RESURGENCE ASSET MANAGEMENT BUSINESS PRIVATE LIMITED is a Series C+, buyout, debt and other fund in India investing in Developer Tools, Healthcare, manufacturing, steel, cement, roads, pharma, chemicals, hospitality and consumer-brands-retail.
- Stages
- Series C+, buyout, debt, other
- Sectors
- Developer Tools, Healthcare, manufacturing, steel, cement, roads, pharma, chemicals, hospitality, consumer-brands-retail
- Invests in
- India
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2016
- Assets under management
- $1.4B
Check size not disclosed
Thesis
India Resurgence Fund (IndiaRF), founded in 2016 and headquartered in Mumbai, India, is a joint venture between Piramal Enterprises Limited and Bain Capital Credit. The firm specializes in acquiring and reviving distressed assets, focusing on mid-market Indian companies with fundamentally sound operations facing temporary financial stress. Their investment strategy involves "distressed and special situations" control turnaround investments through balance sheet restructuring, recapitalization, and operational improvements. They provide customized capital solutions, including structured debt and equity, and act as active partners to management. While largely sector-agnostic, they prioritize manufacturing, infrastructure (steel, cement, roads), export-oriented production (pharma, chemicals), and domestic consumption (healthcare, hospitality, consumer brands retail). IndiaRF manages approximately $1.4 billion in AUM.
Common questions
Does INDIA RESURGENCE ASSET MANAGEMENT BUSINESS PRIVATE LIMITED invest at the Series C+ stage?
Yes. INDIA RESURGENCE ASSET MANAGEMENT BUSINESS PRIVATE LIMITED lists Series C+, buyout, debt and other among the stages it invests in.
Where does INDIA RESURGENCE ASSET MANAGEMENT BUSINESS PRIVATE LIMITED invest?
INDIA RESURGENCE ASSET MANAGEMENT BUSINESS PRIVATE LIMITED invests in India.