India Resurgence Fund (IndiaRF), an equal joint venture between Piramal Enterprises Limited and Bain Capital Credit, invests capital in the form of both debt and equity, in distress to control situations in the Indian market, through its flexible strategic model. IndiaRF looks to invest in businesses that require balance sheet restructuring, and engage with companies that have fundamentally strong growth prospects linked to the infrastructure and consumption needs of India and that are competitive on cost and quality in the export markets.