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We will look at a wider spectrum of Green economy companies: Renuka Ramnath

Consistent with that strategy, we feel that "clean mobility" is going to be a space that will create growth

Renuka Ramnath, Founder, MD & CEO of Multiples Alternate Asset Management
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Renuka Ramnath, Founder, MD & CEO of Multiples Alternate Asset Management

Manojit Saha
Multiples Alternate Asset Management, along with co-investors like State Bank of India, is investing Rs 1,200 crore in TI Clean Mobility Pvt Ltd (TICMPL), a Murugappa group company. TICMPL is a wholly owned subsidiary of Tube Investments of India. Renuka Ramnath, founder, managing director, and chief executive officer, Multiples, says in an exclusive interview to Manojit Saha the home-grown private-equity firm is gearing up to invest in green-economy companies.

Who are Multiples’ co-investors in TI Clean Mobility?

State Bank of India (SBI) is one and it has committed Rs 200 crore. In the first phase we, with SBI, will invest

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First Published: Feb 26 2023 | 8:53 PM IST

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