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Multiples Alternate Asset Management

Growth / late-stageAsia
Headquarters
Mumbai, India
Type
Growth / late-stage
Stage
Series B–Growth
Focus
Generalist

About

Multiples Alternate Asset Management is an independent private equity firm based in Mumbai that invests in Indian companies. Founded in 2009 by Renuka Ramnath, it reports more than US$3.5 billion in capital raised, over 35 investments and 16 exits, and lists its portfolio across four funds. Its core sectors are financial services, consumer and consumer tech, industrials, enterprise tech, healthcare and pharmaceuticals, and sustainability. Financial services investments described on its site include ACKO, Niyo, RBL Bank and Vastu Housing Finance, as well as Cholamandalam, which it backed in 2012 and exited in 2015.

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