Multiples Private Equity Fund I

South Asia Food and agriculture, Manufacturing, Financial services, Other consumer services, Others, Health

Multiples Alternate Asset Management Private Limited (Multiples) is an Indian investment manager. The Mumbai-based firm specialises in providing mid to late stage growth capital for Indian companies, as well as management buyouts and turnarounds.

A pan-India fund making mid and large-cap equity investments across financial services, manufacturing, consumer, and healthcare.

This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
South Asia
Countries

For funds, the countries listed here are those the fund has invested in so far.

:
India
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.

:
Financial services, Food and agriculture, Health, Manufacturing, Other consumer services, Others
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund manager:
Multiples Investment Advisers
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
April 2010
Amount

For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that CDC has committed to the fund.

:
$0.47m
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Mauritius

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
PVR Limited

PVR is the largest multiplex chain in India, with 360 screens across the country and 22% of box office collections of leading Hindi movies.

View investment details

India South Asia Other consumer services March 2013 Active
Milltec Machinery Private Limited

Miltec is engaged in the business of manufacturing machinery for the rice processing industry, offering products across the rice milling process including cleaning, de-husking, polishing, grading and sorting.

View investment details

India South Asia Manufacturing June 2013 Active
Vikram Hospitals (Bengaluru) Private Limited

Vikram Hospital has 225 beds and offers specialised services including Cardiac Sciences, Neuro Sciences, Bariatric and Metabolic Surgery and Nephrology and Urology. The company has more than 700 allied health staff and more than 70 specialised doctors.

View investment details

India South Asia Health June 2013 Active
Arvind Ltd

Arvind Ltd is a textile manufacturer. It makes cotton shorts, denim, knitwear and bottomweight fabric.

View investment details

India South Asia Manufacturing March 2014 Active
Delhivery (formerly SSN Logistics)

SSN Logistics, based in Gurgaon, is an e-commerce fulfilment business which includes the delivery of packages from online orders on behalf of clients such as DB Creations, Videocon Next Retail and Snapdeal.

View investment details

India South Asia Manufacturing September 2014 Active
Livpure (formerly Luminous)

Luminous Water Technologies makes and markets water purifiers under the “Livpure” brand in India. It has a large distribution and service network and is based in Gurgaon.

View investment details

India South Asia Manufacturing December 2014 Active
Agri Power & Engineering Solutions

Based in Karnataka, Agri Power & Engineering Solutions manufactures electrical equipment.

View investment details

India South Asia Food and agriculture October 2015 Active