Development Finance Institution / VCInternational Finance Corporation (IFC)
StagesSeries A, Series B
SectorsSaaS / Enterprise, Fintech, Consumer / D2C · Founder-led / operator capital, Tech-first / product companies
Ticket$5M
Private EquityCreate sustainable long-term wealth through disciplined private equity investing
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Create sustainable long-term wealth through disciplined private equity investing
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Multiples Alternate Asset Management is a prominent Indian private equity firm focused on mid-market opportunities. The firm targets companies that have demonstrated product-market fit and operational maturity, typically entering at Series B or later stages where capital can be deployed to accelerate scale rather than fund early experimentation. Their portfolio reflects a bias toward businesses with defensible market positions, whether in consumer brands like Purplle, financial services like Aavas Financiers, or organized food service like Burger King India. Multiples takes an active ownership approach, working closely with management to strengthen governance, improve unit economics, and build institutional readiness. For founders, engagement with Multiples is most relevant when the business is generating meaningful revenues and requires growth or buyout capital in the range of twenty to one hundred fifty million dollars. The firm values management quality and long-term strategic clarity over short-term metrics. Founders should come prepared with a clear path to market leadership and a credible operational plan, as Multiples tends to focus on companies where patient, structured capital can create durable enterprise value in the Indian market.
The firm targets companies that have demonstrated product-market fit and operational maturity, typically entering at Series B or later stages where capital can be deployed to accelerate scale rather than fund early experimentation.
Mid-market India PE; backed Purplle, Burger King India, Aavas Financiers
Data confidence: Unverified – inferred
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