Rane Group

Expanding Horizons

General Information
Company Name
Rane Group
Founded Year
1929
Location (Offices)
Chennai, India +2
Founders / Decision Makers
Number of Employees
2571
Industries
Automation, Manufacturing, Automotive
Funding Stage
Post Ipo Equity
Social Media

Rane Group - Company Profile

Rane Holdings is a manufacturing startup headquartered in India, which was established back in 1923. The company operates under the slogan of "Expanding Horizons" and has a rich history, dating back to its inception as a trading house in 1929. With a sales turnover of $700 Mn in the fiscal year of 2021-22, Rane Holdings has secured its position as a preferred supplier to major OEMs in India and abroad, supplying to every segment of the auto industry and exporting to more than 30 countries. The company boasts a strategic technical alliance that provides it with access to the best technology in the industry. Rane Holdings encompasses various companies and a wide product range, including Rane (Madras) Limited, Rane Engine Valve Limited, Rane Brake Lining Limited, ZF Rane Automotive India Private Limited, and Rane NSK Steering Systems Private Limited, each specializing in distinct automotive components. Notably, the company received a $4.70M post-IPO equity investment on September 2, 2007 from Blue River Capital, indicating a strong vote of confidence from the investment firm. Rane Holdings' diverse product range, global presence, and consistent growth make it an intriguing opportunity for investors seeking exposure to the automotive manufacturing sector.

Taxonomy: auto components, engineering, export, OEMs, steering and suspension, brake systems, engineering technology, quality management, global presence, strategic alliances, precision manufacturing

Funding Rounds & Investors of Rane Group (1)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Equity $4.70M 1 02 Sep 2007

Latest News of Rane Group

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No recent news or press coverage available for Rane Group.

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