Multiples is a private equity firm that invests in entrepreneurs and businesses in India.

Multiples Alternate Asset Management

Multiples

Multiples was founded in 2009 by Renuka Ramnath, emerging from a vision to create a highly-respected, sustainable and successful institution focused on Alternate Asset investments in India.

With close to $3Bn under management, and a portfolio of 30 companies across three funds, Multiples now has a stellar track record of wealth creation in partnership with entrepreneurs and investors.

We have a unique understanding of the Indian business environment: The dynamic Indian business environment requires a flexible investment approach. Our local market understanding allows us to act swiftly in making distinctive investments across sectors and life stages.

We have built a credible reputation and deeply entrenched network of relationships in corporate India: We are a team of seasoned private equity professionals with a full cycle track record of investing, partnering and exiting companies. Our market reputation and deep, entrenched network of relationships in corporate India allows us to win deals of choice and drive positive change in our portfolio companies.

Our flexible investment approach allows us to maximize value: Multiples has a broad investment strategy, covering varied sectors and situations ranging from minority investments to buyouts. Our nimble, agile approach in adapting to diverse deal constructs helps expand our canvas of opportunities and maximize value, regardless of transaction type and stake.

We partner beyond capital to unleash the true potential of businesses: Recognizing that capital is but one aspect of investment, we actively engage with promoters and management teams to imagine new possibilities. Our entrepreneurial mindset and relationships of trust helps propel businesses to stronger growth trajectories.

Our business philosophy is anchored in clearly-defined values, which are embedded in the DNA of Multiples through processes, investment frameworks and a shared understanding of what makes a ‘Multiples deal.’

Women empowerment is about unleashing their inner strength! 
 
Renuka Ramnath, Founder, Managing Director & CEO of Multiples Alternate Asset Management, will be speaking at up! SURGE's 5th cohort in Bengaluru on August 22, 2024. This event, organised by XL4W: XLRI for Women, will bring together over 150 senior women leaders. 
 
As the Opening Speaker, Renuka will be sharing her insights on the theme: Navigate Your Career - Lean In and Influence, Network Authentically.  
 
#WomenInLeadership #PoweringNewPossibilities #PrivateEquity 

Nithya Easwaran, Sudhir Variyar, Sridhar Sankararaman, Manish Gaur, Kalpesh Jain

Celebrating 10 Years Together at Multiples

At Multiples Alternate Asset Management, we believe our strength lies in our People. They are the foundation of our success and the driving force behind our growth. 

Recently, we celebrated team members who reached the incredible 10-year milestone with us.

A big thank you to these Multipliers for choosing to grow alongside us. Your loyalty, commitment and hard work have been instrumental in our journey. We are confident that together we'll continue to reach even greater heights! 

Renuka Ramnath, Sudhir Variyar, Sridhar Sankararaman, Nithya Easwaran, Manish Gaur, Kalpesh Jain, Kaushal Kapadia, beverley rebello, Mukul Sinha, Snehal Salve, Flavia Saldanha

#10YearMilestone #CelebratingMultipliers #PoweringNewPossibilities

Multiples Alternate Asset Management wishes everyone a very Happy Independence Day!

Renuka Ramnath, Sudhir Variyar, Sridhar Sankararaman, Nithya Easwaran, Manish Gaur, Kalpesh Jain 
 
#78YearsOfIndia #IndependenceDay #PoweringNewPossibilities #PrivateEquity

Congratulations, BHADRESH MEHTA, Associate Vice President - Compliance, Multiples Alternate Asset Management, for winning the ‘Emerging Leader in Legal and Compliance’ at the 4th Edition of Legal and Compliance Summit and Awards 2024, organised by UBS Forums Pvt. Ltd.

We're incredibly proud of your achievement and the value you bring to our team. Keep soaring to new heights!

Renuka Ramnath Sudhir Variyar Sridhar Sankararaman Nithya Easwaran Kalpesh Jain Manish Gaur

#EmergingLeader #LegalandCompliance #PoweringNewPossibilities #PrivateEquity

𝗖𝗼𝗺𝗽𝗼𝘂𝗻𝗱𝗶𝗻𝗴 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗟𝗼𝘃𝗲 + 𝗙𝗼𝘂𝗻𝗱𝗲𝗿 𝗔𝗴𝗶𝗹𝗶𝘁𝘆 = 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗕𝗿𝗮𝗻𝗱

Sridhar Sankararaman, MD, Consumer and Consumer Tech, shares his insights.

Renuka Ramnath Sudhir Variyar Nithya Easwaran Kalpesh Jain Manish Gaur

#ConsumerTech #CustomerLove #IndianConsumer #ConsumerTechInvestments #PrivateEquity #PoweringNewPossibilities

LiveMint's special issue charts India's path to becoming a developed nation by 2047, featuring insights from policymakers, regulators, and industry leaders. Among the distinguished voices, Renuka Ramnath, Founder, MD & CEO, Multiples Alternate Asset Management, was invited to extend her views on this important discussion.

In her insightful article: India's deep pool of domestic surpluses can be directed towards startups, Renuka Ramnath shares her opinion on the startup ecosystem's pivotal role in India's growth journey. She emphasises on the crucial steps needed for channelling domestic capital into startups, which is essential for India's journey to developed nation status by 2047. 

Read more here - https://lnkd.in/dj_6VShb

Sudhir Variyar Sridhar Sankararaman Nithya Easwaran Kalpesh Jain Manish Gaur

#IndianEconomy #EconomicGrowth #IndiaGrowthStory

Multiples Alternate Asset Management takes immense pride in its entrepreneurs' achievements. Each milestone is a hallmark of their hard work, passion, and commitment to making a difference. 
 
To celebrate the recent recognition of Vellayan Subbiah as EY World Entrepreneur of the Year 2024, we organised a Felicitation Ceremony in our office. 

During the ceremony, when asked about his ability to transform companies, Vellayan shared "For me, it was about how I can unleash the energy of an organisation at every level right from top to bottom." This approach has been evident throughout his partnership with Multiples, which began with our investment in Cholamandalam Investment and Finance Company Limited (2012-2015). 

Today, this successful collaboration has further strengthened as Multiples marked its entry into the green economy space by partnering with TI Clean Mobility. Making significant progress in last-mile mobility and heavy commercial EVs, TI Clean Mobility has already achieved market leadership in South India. 

The foundation of Multiples ideology lies in backing entrepreneurs who have the potential to become category champions, our partnership with Vellayan is a testament to that! 

Renuka Ramnath Sudhir Variyar Sridhar Sankararaman Nithya Easwaran Kalpesh Jain Manish Gaur

#EYEntrepreneurOfTheYear #Partnership #Entrepreneurship #PrivateEquity #PoweringNewPossibilities

A big congratulations to KOGTA FINANCIAL (INDIA) LIMITED, a Multiples portfolio company, on raising fresh capital from Ontario Teachers’ Pension Plan. 

Arun Kogta and Varun Kogta, have successfully built a franchise with a deep understanding of local markets, product segments and strong collection capabilities.

Renuka Ramnath Sudhir Variyar Nithya Easwaran Manish Gaur Sridhar Sankararaman Kalpesh Jain Prateek Agarwal

#PrivateEquity #InvestmentNews #Growth

Reflecting on a successful Sustainability Week at Multiples Alternate Asset Management, employees actively participated to promote environment-friendly practices. 

To kick off this drive, we came together to collect E-waste to ensure its proper disposal, highlighting the modern-day crisis caused by improper waste management. Additionally, employees took part in a Carbon Footprint Tracking program, analyzing the environmental impact of their daily activities.

It is through initiatives like these we are creating awareness and contributing towards a greener tomorrow. 

Renuka Ramnath Sudhir Variyar Sridhar Sankararaman Nithya Easwaran Kalpesh Jain Manish Gaur Vishal Bhavsar Kaushal Kapadia BHADRESH MEHTA sohini bose

#Sustainability #ProfitsWithPurpose #PrivateEquity #PoweringNewPossibilities

At Multiples Alternate Asset Management, ensuring strong governance and effective compliance is one of our key priorities in the value-creation journey. Keeping this ethos in mind, we organised a 'Compliance Convergence' on June 14th, aimed at equipping our portfolio companies with the knowledge to navigate through the upcoming Digital Personal Data Protection Act (DPDPA) in India. 
 
The insightful event witnessed an overwhelming response, from our portfolio companies, comprising their Compliance officers, CFOs, IT and Legal heads. We also had legal experts from Khaitan & Co and PwC, as speakers, who delved into the nuances of the DPDPA, providing guidance on data sovereignty regulations. Additionally, Sharayu Jadhav, General Counsel at Acko, and Denise Gardner, Head of Legal, Compliance & Secretarial at Licious, among others shared initiatives taken by their companies on DPDPA implementation. 
 
Participants actively engaged throughout the event, to facilitate a deeper understanding. We remain committed to enable our portfolio companies to always stay ahead of the curve. 

Renuka Ramnath Sudhir Variyar Sridhar Sankararaman Nithya Easwaran Kalpesh Jain Manish Gaur Shweta Laddha Pooja Sawhney Supratim Chakraborty Smita Jha Debashree Mukherjee S Dinesh

#EffectiveCompliance #PortfolioEmpowerment #DataProtectionAct #PrivateEquity #PoweringNewPossibilities

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