Tuscan Ventures has announced its strategic investment in Singapore based Rasmussen & Simonsen International Pte Ltd. RSI, founded by industry experienced professionals, is a one-of-a-kind company focused on providing global shipping and logistics industry focused training, consulting and people development solutions. Tuscan Ventures will invest an undisclosed sum to receive 40% shareholding in the company. The investment allow the RSI team to fund their rapid global expansion including setting up dedicated offices in India and other key growth areas such as China and the Middle East. Commenting on this investment, Vishal Sharma, Managing Director, Tuscan Ventures, “The Global Shipping and Logistics industry will need to recruit and train 500,000 professionals, by a conservative count, over the next decade. As the industry shifts its focus from manual i.e. low cost to technology i.e. solutions, a well-trained work force will emerge as the true competitive advantage”.
RSI’s core product offering includes customized and off-the-shelf instructor-led training programs as well as e-learning modules developed specifically for the industry. The company specializes in industry fundamentals and customer service, customer implementation, sales and business development, key account development and negotiation skills training for the global shipping and logistics sectors. RSI’s key customers include the world’s top shipping lines, freight forwarders, 3PL service providers and port operators. RSI also operates www.shippingworkz.com and www.logisticsworkz.com, industry specific knowledge, networking and opportunity portals developed for the maritime shipping and logistics industries. Amanda Rasmussen, CEO, RSI said, “The combination of RSI, with its niche focus and proven content and delivery, and Tuscan Ventures, with its deep operating experience and industry network, will allow RSI to deliver world-class training solutions to its customers on a global basis”.
Tuscan Ventures Pvt. Ltd specializes in value creation through operational excellence in supply chain, logistics and transportation infrastructure. With offices in Mumbai and Singapore, Tuscan Ventures’ unique value proposition is to build operating businesses within the wider shipping, logistics and transportation sector in India and South East Asia, while making strategic financial investments which are synergistic to its operating businesses. Tuscan Ventures has over 40 years of combined in-house experience in the global maritime and logistics sector including container shipping, ports, supply chain management, vessel operation and management.
For more information on Tuscan Ventures, please visit www.tuscanventures.com.
For more information on RSI, please visit www.r-sintl.com.
Source: Press Release