The 'Multiple' effect on Investments
Renuka Ramnath,Founder and CEO, Multiples Alternate Asset Management
Renuka Ramnath understood the meaning of entrepreneurship during her years at the Graduate School of Business Administration at Harvard. The case studies and the challenge-ridden journeys of brands behind success stories moulded her. Multiples, the private equity firm she founded, has had a stunning 12-year run, including a $400-million deal with CPPIB along with other private investors as partners, and entry into the D2C space with Licious, the consumer tech brand. Ramnath has also been working on policy advocacy with the government and regulators as the chairperson of the Indian Private Equity and Venture Capital Association. Her role in Multiples is to mentor clients to walk the right path at the right speed. Roll up your sleeves and face it has been her approach in the field where fortunes and destinies change quickly.