Deepak Padaki News Today

Indian family offices’ appetite for pursuing higher-risk-higher-return investments has grown in the past few years, said Deepak Padaki, president of Catamaran, at the VCCircle Limited ......

In an interview with ETs Beena Parmar, Deepak Padaki, who joined Catamaran Ventures last August, also talks about its investment exits, deal sizes and corporate governance at startups. Edited excerpts:

Our news roundup gives you a comprehensive view of the most significant developments in the private markets in Asia in the week that went by. 

India Business News: BENGALURU: Infosys founder NR Narayana Murthy’s family office Catamaran Ventures, which has over $1 billion in assets under management, is setting up .

Catamaran Ventures has been primarily focussed primarily on technology-enables businesses, financial services as well as manufacturing.

Catamaran, the family office of Infosys founder Narayana Murthy, is targeting 15 per cent returns on its portfolio investments per annum as it shifts focus from early-stage investments to growth and late-stage bets. This would double the firms assets under management (AUM) from the current $1 billion to $2 billion over the next five years. For direct investments, we are focusing on growth-stage investments and very selectively on early stage, Deepak Padaki, president, Catamaran, told Business St...

The family offices actively taking part on an annual basis in startup investments will likely increase 5x to 735 by 2030 from 123 in 2023.

Per Dr Aarti Gupta, there’s value in having family offices on the captable because they bring in experience, mentorship and networks.

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.

MUMBAI: Bangalore-headquartered investment firm, Catamaran has announced the appointment of M.D. Ranganath as its chairman. As a president of the firm for the last three years, Ranganath was instrumental in creating a strong foundation for growth of the firm's investments and their performance.