imported>Yobot: Fix REFPUNCT + other minor fixes

2021-01-14T17:07:48Z

Fix REFPUNCT + other minor fixes

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{{short description|Indian private equity fund manager}}
{{Infobox person
| name = Renuka Ramanth
| image =
| caption = Founder and CEO of Multiples Asset Management Pvt. Ltd.
| occupation = Founder and CEO of Multiples Asset Management Pvt. Ltd.
| birth_name =
| birth_date = {{Birth date and age|df=yes|1962|09|14}}<ref>{{Cite web|last=|first=|date=|title=Tata Communications Annual Report 2014-15|url=https://www.tatacommunications.com/wp-content/uploads/2017/07/TCL_Annual_Report_2014-2015.pdf|url-status=live|archive-url=|archive-date=|access-date=7 July 2020|website=Tata Communications}}</ref>
| birth_place =
| death_date =
| death_place =
| death_cause =
| alma mater = Veermata Jijabai Technological Institute, University of Mumbai
| salary =
| spouse =
| children = Ramya Ramnath <ref>{{Cite web|url=https://www.fortuneindia.com/people/mothers-and-daughters/102663|title=Mothers and daughters|website=www.fortuneindia.com}}</ref>
| religion =
}}

'''Renuka Ramnath''' is an Indian [[private equity]] fund manager, and the founder and CEO of Multiples Asset Management Ltd.<ref>{{Cite web|last=|first=|date=|title=Renuka Ramnath, Multiples Alternative Asset Management Pvt Ltd: Profile and Biography|url=https://www.bloomberg.com/profile/person/3101402|url-status=live|archive-url=|archive-date=|access-date=2020-10-10|website=Bloomberg.com}}</ref> She is also an independent director of the apparel manufacturer [[Arvind (company)|Arvind Ltd.]], chairperson of the board at [[Tata Communications]], and chairperson of the Indian Private Equity and Venture Capital Association.<ref>{{Cite web|url=https://www.arvind.com/board-directors/renuka-ramnath|title=ARVIND | Fashioning Possibilities|date=June 28, 2017|website=Arvind Ltd.}}</ref><ref name="auto">{{Cite web|url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/renuka-ramnath-appointed-as-the-new-chairperson-of-ivca/articleshow/75159901.cms|title=Renuka Ramnath appointed as the new chairperson of IVCA|date=April 15, 2020|via=The Economic Times}}</ref><ref>{{cite web | title=Renuka Ramnath elected as the Chairperson of the Tata Communications Board | website=Tata Communications | date=2020-07-01 | url=https://www.tatacommunications.com/press-release/renuka-ramnath-elected-chairperson-tata-communications-board/ | access-date=2020-07-07}}</ref>

==Career==
Ramnath founded Multiples Asset Management in 2009, with a focus on mid size companies and investments between $15 million and $50 million. The firm's partners include the [[Canada Pension Plan Investment Board]] which invested $100 million in 2010.<ref name="auto1">{{Cite web|url=https://www.forbes.com/sites/forbesasia/2013/02/27/asias-women-in-the-mix-renuka-ramnaths-lucrative-intuition/|title=Asia's Women In the Mix: Renuka Ramnath's Lucrative Intuition|first=Forbes|last=Guest|website=Forbes}}</ref>

Prior to founding Multiple Asset Management Ltd., Ramnath was the MD and CEO of ICICI Ventures, the venture capital arm of the [[ICICI|ICICI Group]], through the period that saw the firm become one of the largest private equity funds in India. She is credited with helping grow the fund from a $100 million [[Proprietary trading|proprietary fund]] to a $2 billion PE fund with third-party capital. In this time she is also credited with raising, managing and divesting the $250 million India Advantage fund, generating a more than triple return on capital.<ref name="auto1"/> She has also served within the [[ICICI|ICICI Group]] across investment banking, e-commerce, and private equity.<ref>{{Cite web|url=https://www.business-standard.com/article/opinion/lunch-with-bs-renuka-ramnath-110101900075_1.html|title=Lunch with BS: Renuka Ramnath|first=Shyamal|last=Majumdar|date=October 19, 2010|via=Business Standard}}</ref>

Some of Ramnath's venture investments include investments in Air Deccan, Tata Infomedia, VA TechWabag.<ref name="auto1"/>

Ramnath and ICICI Ventures were also the targets of a legal action from [[Azim Premji|Azim Premji's]] investment company Premji Invest when one of the portfolio companies [[Subhiksha]], a leading discount retailer, ran out of cash and closed over 1,600 stores nationwide. The notice alleged that Ramnath and ICICI Ventures had not revealed the extent of Subhiksha's problems before the sale to Premji Invests.<ref>{{Cite web|url=https://economictimes.indiatimes.com/news/company/corporate-trends/why-subhiksha-trading-services-collapsed/articleshow/9727883.cms|title=Why Subhiksha Trading Services collapsed|first=R.|last=Sriram|date=August 25, 2011|via=The Economic Times}}</ref><ref name="auto1"/>

Ramnath has been featured in listings such as the Top 25 Most Powerful Women in Business (Business Today, India);<ref>{{cite web|url=http://businesstoday.intoday.in/story/the-most-powerful--women--in-indian-business/1/198090.html|title=Business Today's 10 listing of Most Powerful Women in Indian Business - Business Today|publisher=Businesstoday.intoday.in|accessdate=30 October 2014}}</ref> India's most Powerful CEO's (Economic Times),<ref>{{cite web|url=http://economictimes.indiatimes.com/indias-top-businesswomen/slideshow/2639094.cms|title=India's top businesswomen|work=The Economic Times|accessdate=30 October 2014}}</ref> the Top 25 Non Bank Women in Finance (US Banker's global list),<ref>{{cite web|url=http://www.americanbanker.com/magazine/118_10/-364040-1.html|title=#14 Renuka Ramnath|author=Rebecca Sausner|date=1 October 2008|work=American Banker Magazine|accessdate=30 October 2014}}</ref> Asia's Women in the Mix: The Year's Top 50 for Achievement in Business (Forbes),<ref>{{cite web|url=https://www.forbes.com/sites/forbesasia/2013/02/27/asias-women-in-the-mix-2013-the-years-top-50-for-achievement-in-business/|title=Asia's Women In The Mix, 2013: The Year's Top 50 for Achievement In Business|author=Forbes Asia|date=27 February 2013|work=Forbes|accessdate=30 October 2014}}</ref> and the Top 25 women in Asian asset management (Asian Investor).<ref>{{cite web|url=http://www.asianinvestor.net/News/375834,the-top-25-women-in-asian-asset-management.aspx/RK=0/387939,fantasy-fund-manager-dream-team-strikers.aspx|title=2nd Annual Japan Institutional Investment Forum - Asset Owners - News - AsianInvestor - Inside Asia-Pacific's asset management industry|work=AsianInvestor|accessdate=30 October 2014}}</ref>

==References==
{{Reflist}}

==External links==
* [https://www.arvind.com/board-directors/renuka-ramnath Official Profile at Arvind Ltd website]

{{DEFAULTSORT:Ramnath, Renuka}}
[[Category:Indian women bankers]]
[[Category:Living people]]
[[Category:Private equity and venture capital investors]]
[[Category:Indian business executives]]
[[Category:Indian venture capitalists]]
[[Category:1962 births]]

Renuka Ramnath - Revision history

imported>Yobot: Fix REFPUNCT + other minor fixes