The Rainmaker Group acted as the exclusive financial advisor to Jain Cord Industries (JCI) on its fundraise of ~$23mn by Vantage Oak.
This fundraise from Vantage Oak will fuel JCI’s next phase of growth, unlocking capacity expansion, deeper global penetration, and continued innovation in premium sustainable fabrics.
Amit Jain, CFO of Jain Cord, said, “For a family-run business, bringing in outside investors is never easy. Then we met Kunal from The Rainmaker Group. What was meant to be a one-hour introductory meeting turned into a five-hour conversation that just clicked. Soon, he met the rest of our family, and things began to move quickly. Sanchit and Chirag from his team worked closely with us for nearly a year. KP headed the legal diligence and documentation seamlessly. TRMG took the time to truly understand our business, prepare our pitch deck, and guide us through multiple investor meetings.
With their support, we were able to connect with an investor who feels like the right fit. Working with the Rainmaker team was easy and transparent. They were professional, ethical, and focused on creating real value for both the investor and for us as business owners.”
Kunal Bhardwaj, Partner, The Rainmaker Group, said, “In a sector often overlooked by private capital, JCI stands out as a hidden gem, combining strong fundamentals, sharp execution, and sustainability at its core to deliver 3x growth in four years with industry-leading margins.”
About JCI
With a legacy spanning 60+ years, JCI has emerged as India’s only high-end fabric engineering company and one of the fastest-growing, achieving ~3x revenue growth in the last four years while delivering value-added fabrics to the world’s leading fashion brands. Over 60% of designs are exclusively nominated by global names such as Zara, Ralph Lauren, M&S, H&M and Target.
About The Rainmaker Group
The Rainmaker Group is the investment banking partner of choice for India’s private businesses as they traverse their fundraising journey - from their first growth round to pre-IPO. The firm has delivered growth equity and secondary transaction milestones for over a dozen unicorns, soonicorns, and now-listed businesses.
The firm’s ‘rainmakers’ pride themselves on a founder-like mindset and a proprietary execution process that has delivered industry-leading closure rate and client retention. The Rainmaker Group’s relationship with global investors is underpinned by thoughtful client selection and an insight-driven approach to dealmaking.
To know more about The Rainmaker Group, get in touch with
Dhwani Mehta - dhwani.mehta@trmg.in
