Renuka Ramnath

Chairperson, IVCA & Founder, Managing Director and CEO,
Multiples Alternate Asset Management


Multiples has been a member, contributor and well-wisher of IVCA and participated actively at all forums. Multiples sees IVCA as “our own” industry body – the platform that allows us representation as well as brings us together to solve our needs. Multiples has been at the forefront at various committees formed by IVCA and generates thought leadership on topics that matter the most to our industry. Recently, Renuka Ramnath and Multiples, by directly engaging with all industry participants, championed channelizing industry thoughts on the SEBI AIPAC committee recommendations and bringing about changes to the guidelines.

Renuka personally spearheads these initiatives as she has seen the lifecycle of PE in India since late 1990s and thereafter from 2001 as MD & CEO of ICICI Venture and now as the Founder, MD and CEO of Multiples in 2009 – her vision is to channelize money into alternate investments through Indian VCs and PEs. For this she believes IVCA can play a championing role in knowledge dissemination, positioning of the VC and PE players in the country as well as being the partner to disseminate transparent information about ourselves to our capital providers – overall to generate continuous positive understanding about the Indian domestic environment that we operate in. She is also passionate about creating domestic pools of capital for our own industry’s growth and IVCA can be at the forefront for this initiative.

Renuka, a mother of two, enjoys singing Indian classical music. She is a connoisseur of paintings and likes to spend time at her farm watching a fresh harvest. Renuka holds a Bachelor of Engineering from VJTI, University of Mumbai and an MBA from the University of Mumbai. She has also completed the AMP from the Harvard Business School.