News & Events

Multiples PE announces the first close of its Fund IV at USD 640 Mn+

Date: 3 May 2023

Multiples PE announced the successful first close of its Fund IV, with a subscription of over USD 640 Mn. Multiples Fund IV brings together a unique combination of leading global institutional investors like CPPIB and IFC, local institutions like SBI and private insurance companies, and leading domestic family offices. Over the last decade, Multiples has built specialization in three main strategies viz. a)identifying largely tech-led big shifts and investing in them at their inflection point, b) catalyzing transformative growth; and c) investing in platforms for multi-decadal growth potential. This approach has enabled it to deliver exceptional performance across industries and timeframes.

Publications:

Deal Street Asia | Business Standard | The Economic Times | Hindu Businessline

Multiples PE invests Rs 1200 cr in Murugappa group company

Date: 25 February 2023

Multiples Alternate Asset Management with its co-investors invested Rs 1200 crore in TI Clean Mobility Private Limited, a Murugappa group company. TICMPL, a wholly owned subsidiary of Tube Investments of India Limited (TII) has already unveiled its passenger 3-wheeler electric vehicle. The company, through its subsidiaries, is driving the design and development of electric tractors and electric Heavy Commercial Vehicles.

Publications:

The Economic Times | Business Standard | CNBC TV 18

Multiples invests in the dreams of Entrepreneurs

Date: 13 February 2023

Watch Renuka Ramnath, Founder, MD, and CEO of Multiples Alternate Asset Management Private Equity, an intrapreneur, entrepreneur, and investor, in conversation with Shradha Sharma of YourStory Media.