Join our Waitlist for Expert Advice!

Multiples PE Announces First Close Of Fund IV At $640 Million The fundraise claims to further consolidate Multiples' position as a leader in the domestic private equity market

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Freepik

Multiples Alternate Asset Management has announced the first close of its Fund IV, with a subscription of over $640 million. The fundraise claims to further consolidate Multiples' position as a leader in the domestic private equity market. 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.

"This fundraise is yet another important milestone in the growth and evolution of Multiples as an institution providing wings to the dreams and aspirations of entrepreneurs. We are excited about the India opportunity and the tremendous entrepreneurial energy that's propelling the country forward. We acknowledge the trust and confidence placed in us by our investors and look forward to continuing to create value and deliver consistent cash on cash returns," said Sudhir Variyar, MD and deputy CEO, Multiples Alternate Asset Management.

Multiples is India's one of the leading private equity platforms distinguished by its experience of partnering with Indian entrepreneurs. The company focuses on core sectors of financial services, pharma and healthcare, consumer and technology.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Leadership

4 Bold Leadership Moves Every Successful CEO Uses to Navigate Change

Ready to turn fear into fuel and lead with confidence? In this article, I share how leaving my corporate job without a plan led me to build a thriving business. Learn four bold strategies to embrace uncertainty and turn challenges into opportunities for growth today.

Marketing

How I Found My Voice and Built a Life as an Entrepreneur — in 3 Acts

I want to share my journey as an entrepreneur and what led to me starting my own company.

Business News

This New Restaurant Is Banking on One Dish — Because It's the Only Entrée on the Menu

The new hotspot is gaining buzz on social media for its innovative yet super simple concept.