Billionaire Infosys founder Narayana Murthy to double private firm’s investments

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The money manager of billionaire Infosys Ltd. founder Narayana Murthy will hire professionals and double its $1 billion in investments in the next five years, betting India will emerge as a high-quality manufacturing hub.ETtechInfosys founder Narayana Murthy..

Catamaran Ventures LLP, which began operations in 2009, will raise its assets under management to as much as $2 billion and is exploring strategic partnerships in three new areas: deep tech, precision engineering and manufacturing, and renewables, according to Chairman MD Ranganath..

Catamaran Ventures, based in Bangalore, employs about 15 staff in India overseeing holdings spanning e-sports, insurance and Elon Musks Space Exploration Technologies Corp...

To back this growth, Catamaran Ventures will actively seek partners to build businesses in the sub-sectors it selects, and add four specialists to its team of investment professionals, Ranganath said..

Nearly a third of the firms investments are in early-stage companies and the rest is evenly split between late-stage and growth enterprises, according to President Deepak Padaki..

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