Indian PE giant Multiples makes first close of fourth fund at $640m

Indian PE giant Multiples makes first close of fourth fund at $640m

Multiples PE founder Renuka Ramnath.

India’s Multiples Alternate Asset Management, led by former ICICI Venture veteran Renuka Ramnath, has made the first close of its fourth fund at $640 million as it looks to ramp up investments in domestic companies.

Edited by: Joymitra Rai