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
Back to Funds
Private Equity
Private EquityMultiples Alternate Asset Management
Create sustainable long-term wealth through disciplined private equity investing
01, Snapshot
At a glance
Key signals founders use to decide if this investor is worth a conversation.
02, Focus
Where they invest
Stages and sectors this investor typically backs.
Sector focus
Sector guides →03, Thesis
Investment thesis
Themes this investor is mapped to across the VC Dekho directory.
Create sustainable long-term wealth through disciplined private equity investing
Founder-led / operator capitalTech-first / product companiesIndia-first / BharatImpact & inclusionGrowth & scale-upsFintech / embedded financeConsumer / D2C brandsHealthtech / wellnessClimate / sustainabilitySeries A / PMF capitalBootstrapped / profitability-firstSaaS / B2B softwareAgri / food systems
All themes →04, Portfolio
Portfolio companies
10 companies mapped to this fund.
05, Story
About Multiples Alternate Asset Management
Background and context for founders evaluating this investor.
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.
Notes
Mid-market India PE; backed Purplle, Burger King India, Aavas Financiers
Data confidence: Unverified – inferred
06, Investors
Investors at Multiples Alternate Asset Management
Partners and principals mapped to this fund in the directory.
07, Nearby
Similar funds
Other funds that overlap on stage, sector, or thesis.
Open International Finance Corporation (IFC) Open Samarthya Investment Advisors Syndicate / NetworkSamarthya Investment AdvisorsStagesPre-Seed, Pre-Series A, Series BSectorsSaaS / Enterprise, Fintech, Consumer / D2C · Early-stage builders, Founder-led / operator capitalTicket$500K – $1MOpen Sun Icon Ventures 
Venture CapitalSun Icon VenturesStagesSeed, Pre-Series ASectorsAI / ML, SaaS / Enterprise, Fintech · Early-stage builders, Founder-led / operator capitalTicket$30K – $400KOpen Aavishkaar Capital 
Venture CapitalAavishkaar CapitalStagesSeed, Series A, Series BSectorsSaaS / Enterprise, Fintech, Healthcare / Medtech · Early-stage builders, Founder-led / operator capitalTicket$500K – $10MOpen Cactus vp 
Venture CapitalCactus vpStagesPre-Series A, Series BSectorsSaaS / Enterprise, Fintech, Consumer / D2C · Founder-led / operator capital, Tech-first / product companiesTicket$2M – $7MOpen Leo Capital 
Venture CapitalLeo CapitalStagesPre-Series ASectorsSaaS / Enterprise, Fintech, Consumer / D2C · Early-stage builders, Founder-led / operator capitalTicket$500K – $3M
08, Explore
Explore related
Jump into stage, sector, and thesis mapped to this fund.