India / USA - RSB Transmissions (I) Ltd¹ of Pune, India, a manufacturer in transmissions, axles, suspensions and other components, has announced a strategic investment (equity stake) of an unspecified amount in the company by Bain Capital Advisors (I) Pvt Ltd² of Mumbai - a subsidiary of Bain Capital, LP, a global investment fund management company and consultancy, based in Boston, Massachusetts, USA. The investment is to be used to support RSB’s plans for growth, focusing on mergers and acquisitions (M&A) and expanding its global operations, the company claims.

SK Behera, Founder, RSB transmission, said: "We’ve established a strong foundation and see significant opportunity to expand and diversify in this next stage of growth. Over the past eighteen months, we’ve had the pleasure of establishing a deep relationship with the Bain Capital team and have aligned on a joint vision for the future of RSB. We believe they are the right partner, with deep integrity and strategic capabilities, to help RSB 2.0 succeed and leverage growth opportunities on a global scale,”