catamaran ventures bangalore

Our Portfolio

Catalyzing disruptive business ideas from passionate entrepreneurs.

LATE STAGE | GROWTH CAPITAL

Established in 2002, SpaceX stands as a preeminent global force in the innovation, design and manufacturing of cutting-edge rockets and spacecraft. Beyond its pioneering space endeavours, the company extends its influence through Starlink — a constellation of low-orbit satellites facilitating advanced communication services, notably internet connectivity.

Port, by Numberless

Early stage | venture capital.

Port, a revolutionary messaging app, introduces a novel approach to communication tools by reinstating boundaries on accessibility. Unlike conventional methods that rely on permanent identifiers such as numbers, Port employs impermanent virtual ports. This innovative feature empowers users to dynamically control and toggle access to themselves based on their preferences and needs.

CO-FOUNDERS

port.numberless.tech

Log9 Materials

Log9, a prominent cellular innovation company headquartered in Bangalore, is at the forefront of advancements in lithium-ion battery technology. Specializing in the development of battery cells optimized for tropical climates, such as those prevalent in India, Log9 has pioneered a breakthrough. In a significant milestone, the company launched India’s inaugural and fully integrated lithium cell manufacturing facility in Bangalore, reaffirming its commitment to driving technological excellence in the energy storage sector.

www.log9materials.com

VerSe Innovation

Growth stage | venture capital.

VerSe, a distinguished local-language tech platform, serves as the parent company for two major entities—Dailyhunt and Josh. Dailyhunt, the largest content aggregator platform in India, operates across a diverse spectrum of 15 languages, catering to a wide audience. On the other front, Josh, the rapidly expanding short-video app, stands as India’s fastest-growing platform, boasting an impressive community of over 50 million creators who actively engage with its dynamic content.

VENTURE CAPITAL

Loco is revolutionizing the gaming landscape in India by leveraging the power of streaming to unite and fortify its colossal 400 million-strong gaming community. This innovative platform not only facilitates seamless connectivity but also provides a dynamic space for top players and passionate enthusiasts to engage in exhilarating gameplay, interactive chat sessions and a plethora of enticing rewards.

www.loco.gg

Reddit serves as a network of communities, each dedicated to specific topics or subreddits, spanning news, sports, pop culture and more. Users connect with like-minded individuals through links, text posts, images, or videos within these subreddits. The unique feature of voting up or down allows community members to collectively elevate the most valuable content, creating a dynamic and user-driven platform.

Alexis Ohanian

www.reddit.com

National Stock Exchange

Private equity.

Established in 1992, the National Stock Exchange (NSE) stands as the preeminent stock exchange in India. Renowned as the world’s largest derivative exchange by volume and the fourth-largest in cash equities by volume, NSE has consistently maintained a leading position in the financial world. NSE’s commitment to technological advancements is evident through strategic investments, fostering a culture of innovation that underpins the exchange’s unwavering focus on reliability and performance.

www.nseindia.com

Marcellus, a Mumbai-based portfolio management services (PMS) company, was founded in 2018 by a team of seasoned investment professionals. Within just two years of its inception, Marcellus has ascended to become the fifth-largest PMS provider in India. This remarkable achievement underscores the company’s commitment to excellence and its ability to quickly establish a prominent position in the competitive financial landscape.

marcellus.in

LATE STAGE | PRIVATE EQUITY

Udemy stands as the foremost global marketplace dedicated to the facilitation of teaching and learning, acting as a dynamic bridge that unites millions of students and professionals with the essential skills required for success. At the heart of this thriving ecosystem are Udemy instructors, individuals driven by a profound passion for imparting knowledge and assisting students on their educational journey.

www.udemy.com

Established in 2016, Acko stands as the nation’s premier and most rapidly expanding digital-first insurance policy provider. Its commitment to a direct-to-consumer approach redefines the distribution of traditional insurance products. The brand’s tech-driven ethos extends beyond its operational framework, as the company leverages cutting-edge technology to seamlessly integrate with emerging businesses. This integration allows Acko to introduce novel, bite-sized insurance products that cater to the evolving needs of the modern consumer.

www.acko.com

Hector Beverages

Hector Beverages, the visionary behind Paper Boat, stands as a trailblazer in India’s ethnic beverage landscape. Recognizing the untapped potential in 2010, Catamaran seized the opportunity when the founders of Hector Beverages articulated a compelling concept – preserving India’s rich tapestry of ethnic flavors and recipes through innovative beverages.

www.paperboatdrinks.com

Innoviti, India’s second-largest third-party payment processor, leads the charge in revolutionizing merchant transactions at the point of sale. With cutting-edge payment infrastructure and solutions, Innoviti empowers merchants to boost sales. Rapidly scaling, the company processes around $3.5 billion yearly across 1,000+ cities in India, reaffirming its pivotal role in shaping the country’s payment landscape.

www.innoviti.com

Aequs is a leading diversified contract manufacturer that specializes in simplifying complex manufacturing processes for global businesses. With a unique manufacturing ecosystem, Aequs offers vertically integrated solutions across various industries, including aerospace, electronics and consumer goods. Their streamlined supply chain ensures efficiency for customers worldwide, making them a trusted partner for Fortune 500 companies. With over 4,000 employees and facilities spanning three continents — India, France and the United States — Aequs is well-positioned to deliver high-quality manufacturing solutions on a global scale.

www.aequs.com

Vedantu Innovations

ACE Creative Learning, conceived by Dr. Sridhar and his wife, Lalit Sridhar, emerges as a visionary educational venture committed to providing a comprehensive and enriching learning experience for students. The essence of ACE Creative Learning lies in its dedication to fostering the success of every child, harmonizing academic rigor with a nurturing and caring environment across its network of Deeksha schools. Through this holistic approach, the company seeks to not only educate but also inspire and empower each student on their educational journey.

www.deekshalearning.com

GROWTH CAPITAL

Udaan stands as a pivotal B2B trade platform, strategically tailored for the needs of small and medium businesses in India. It not only provides real-time insights into prevailing market trends but also empowers businesses with cutting-edge technology, enabling them to scale and nurture their operations efficiently.

www.udaan.com

STRATEGIC PARTNERSHIP

Founded in 2016 by Catamaran, Aon India Insurance Brokers Pvt. Ltd (formerly Anviti) quickly rose to prominence in the Indian insurance market. With Catamaran’s active involvement, Anviti served 1,800+ clients, placing premiums over ₹3,500 Cr. The Catamaran team played a crucial role in leadership recruitment and enabled Anviti’s rapid growth to 300+ employees across eight locations. In 2021, Aon recognized Anviti’s value, acquiring the company and solidifying its position in the industry.

www.aon.com/apac/india

Prione, a strategic alliance between Catamaran and Amazon, empowered SMEs with the essential tools and training to excel in the online marketplace. From product photography to managing digital sales and accounts, Prione facilitated every step of their e-commerce journey. Cloudtail, Prione’s 100% subsidiary, emerged as a prominent online retailer connecting SMEs to customers, offering easy access to a vast array of brands. With a workforce of over 500, Cloudtail successfully sold over 1 million products spanning 25+ categories, collaborating with more than 5,000 brands.

www.prione.in

Manipal Education

Leveraging its extensive expertise in owning and managing top-tier institutions, Manipal Global Education Services provides a comprehensive array of tested and proven education services. These offerings empower universities and educational institutions worldwide to concentrate on their core competencies, assured of reliable support and solutions from Manipal Global Education Services.

www.manipalglobal.com

Threadsol, an enterprise SaaS company catering to the apparel industry, positioned itself as a transformative force. The software provided a critical solution by optimizing one of the industry’s major cost components—fabric. By facilitating precise fabric buying and cutting, Threadsol minimize wastage, thereby unlocking substantial cost savings for apparel businesses. In a strategic move, Catamaran demonstrated confidence in Threadsol’s vision by participating in their Series A funding round in 2016, cementing a partnership that aimed to drive innovation and efficiency in the apparel industry.

www.threadsol.com

Priority Vendor

Priority Vendor’s platform created a unique income stream for buyers and brands, offering discounts for early supplier payments. With over 70 customers in India and expansion into Bangladesh, Dubai and Vietnam, it served industry leaders like Jubilant Foods, TVS, Godrej Consumer, Apollo Tyres, Britannia, Dabur, Marico and Titan. In 2019, the platform was acquired by US-based fintech firm C2FO, aligning with their India growth strategy.

www.priorityvendor.com

Catamaran, 51/52 1st Main Road, 3rd Phase J P Nagar, Bengaluru, Karnataka 560 078, India.

Catamaran AIF Trust I SEBI reg. no.: IN/AIF2/21-22/0981 I Catamaran Ekam – Cat. II AIF I Investment manager – Catamaran Ventures LLP

© 2024 – Catamaran – All rights reserved

• Private Equity
• Real Estate
• Public Market

Catamaran Ventures appoints former Infosys execs as President, Chairman

Economic Times  

Want to receive such news items in your inbox? Click Here to sign up for a trial.

Venture Intelligence (TSJ Media Pvt. Ltd.) 1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.

Follow us on

2021 © TSJ Media Pvt Ltd. All rights reserved.

• Assembly Elections
• Budget 2024
• Stock Market Quotes
• Mutual Fund
• Stock Stats
• Top Gainers
• CaFE Invest
• Investing Abroad
• Gold Rate in India
• Silver Rate in India
• Petrol Rate in India
• Diesel Rate in India
• Express Mobility
• Banking & Finance
• Mutual Funds
• Travel & Tourism
• Brand Wagon
• Entertainment
• Web Stories
• Auto Web Stories
• Infographics
• Today’s Paper
• International
• Edits & Columns
• Personal Finance Print
• PRIVACY POLICY
• TERMS AND CONDITIONS
• IPO’s Open and Upcoming 16
• Top Indices Performance
• Stock Analysis
• Stock Market Stats
• Financial Literacy
• Gold Rate Today
• NSE Top Gainers 1758
• NSE Top Losers 914
• BSE Top Gainers 3127
• BSE Top Losers 1923
• NSE 52-Week High 0
• NSE 52-Week Low 0
• BSE 52-Week High 0
• BSE 52-Week Low 0
• NSE Price Shocker
• NSE Volume Shocker
• BSE Price Shocker
• BSE Volume Shocker
• NSE Sellers
• BSE Sellers
• Silver Rate Today
• Petrol Rate Today
• Diesel Rate Today

The Captable

Social Story

Enterprise Story

The Decrypting Story

Daily Newsletter

By providing your information, you agree to our Terms of Use and our Privacy Policy. We use vendors that may also process your information to help provide our services. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.

Founder first

Announcement

Startup Sectors

Women in tech

Entertainment

Art & Culture

Travel & Leisure

Curtain Raiser

Wine and Food

Catamaran Ventures to expand investments, bets on manufacturing

The vc firm set up by infosys is shifting focus from services to strategic partnerships in deep tech, precision engineering and manufacturing, and renewables..

Wednesday May 24, 2023 , 2 min Read

 Catamaran Ventures  LLP, a venture capital firm set up by Infosys, plans to expand its investment to $2 billion in the next five years from the current $1 billion.

The firm is shifting its focus from services to strategic partnerships in deep tech, precision engineering and manufacturing, and renewables, Bloomberg has reported.

Chairman MD Ranganath said manufacturing is a crucial trajectory for India's growth. He highlighted the advantage of testing innovation in India for scalability before entering global markets.

To support this growth, Catamaran aims to hire professionals and actively seek partners to develop businesses in the selected sub-sectors. The firm is in discussions to close at least one such partnership in the coming months, said the report.

Bengaluru-based Catamaran Ventures employs around 15 staff, who oversee various holdings, including e-sports, insurance, and investments in Elon Musk's Space Exploration Technologies Corp.

In the past, the firm had partnered with  Amazon  to establish Prione Business Services, which initially helped merchants transition online and eventually became a dominant vendor itself. Amazon later acquired Catamaran Ventures' stake in the venture.

Ranganath emphasised that Catamaran Ventures will continue to support early-and late-stage companies. Nearly one-third of the company's investment is in early-stage companies and the remaining is evenly split between late-stage and growth enterprises.

The firm's track record includes investment in companies such as the social network Reddit and India's largest stock exchange, the National Stock Exchange.

Edited by Affirunisa Kankudti

• Narayan Murthy
• Catamaran Ventures
• software versus manufacturing in India

MOST VIEWED STORIES

This Bengaluru-based startup’s AI agent helps streamline jobs of sales professionals

Top 7 luxury brands Reliance Retail introduced in India

EaseMyTrip invests in luxury wellness clinic chain startup The Wellness Co

Actor Who Took Break from Films to Rs 3300 Crore Entrepreneurial Success

• Personal Finance
• Today's Paper
• Partner Content
• Web Stories
• Entertainment
• Social Viral

Billionaire Infosys founder Murthy to double private firm's investments

Catamaran ventures, based in bangalore, employs about 15 staff in india overseeing holdings spanning e-sports, insurance and elon musk's space exploration technologies corp.

Narayan Murthy, Infosys Ltd. founder

Listen to This Article

More from this section.

Indian IT firms to see revenue decelerate by 5%: S&P Global Ratings

Nykaa Q4 earnings slip 72% to Rs 2.4 crore, even as revenue rises 34%

NCLAT asks 3 more Go First lessors to approach NCLT for recovery of planes

Icra Q4 net profit up 14.5% YoY to Rs 38.6 cr; revenue rises 16.4%

If we don't vote, we have no right to criticise, says Narayana Murthy

Infosys Q3 growth may be muted on higher furloughs; PAT may rise 9-15% YoY

Infosys strong TCV, deal wins in Q3 lend comfort amid macro risks: Analysts

Infosys Q4 Preview: Profit may weaken sequentially; FY24 guidance eyed

IT major Infosys rewards employees with equity shares under 2 schemes

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 24 2023 | 10:38 PM IST

Explore News

• Suzlon Energy Share Price Adani Enterprises Share Price Adani Power Share Price IRFC Share Price Tata Motors Share Price Tata Steel Share Price Yes Bank Share Price Infosys Share Price SBI Share Price Reliance shares
• Latest News Company News Market News India News Politics News Cricket News Personal Finance Technology News World News Industry News Education News Opinion Shows Economy News Lifestyle News Health News
• Today's Paper About Us T&C Privacy Policy Cookie Policy Disclaimer Investor Communication GST registration number List Compliance Contact Us Advertise with Us Sitemap Subscribe Careers BS Apps
• ICC T20 World Cup 2024 Business Standard at 50 Paralympics 2024 Jammu Kashmir Elections 2024 Haryana Elections 2024 Happy Ganesh Chaturthi Wishes

• Work & Careers
• Life & Arts

India’s tycoons and a new breed of family office

Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust.

Try unlimited access Only $1 for 4 weeks

• Then $75 per month
• New customers only
• Cancel anytime during your trial

Keep reading for $1

Explore our subscriptions

Find the plan that suits you best.

Professional

Premium access for businesses and educational institutions.

• Get Started

Check if your university or organisation offers FT membership to read for free.

We've detected unusual activity from your computer network

To continue, please click the box below to let us know you're not a robot.

Why did this happen?

Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review our Terms of Service and Cookie Policy .

For inquiries related to this message please contact our support team and provide the reference ID below.

The Economic Times daily newspaper is available online now.

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

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.

Artificial Intelligence(AI)

Java Programming with ChatGPT: Learn using Generative AI

By - Metla Sudha Sekhar, Developer and Lead Instructor

Basics of Generative AI : Unveiling Tomorrow's Innovations

Generative AI for Dynamic Java Web Applications with ChatGPT

Mastering C++ Fundamentals with Generative AI: A Hands-On

Master in Python Language Quickly Using the ChatGPT Open AI

Office Productivity

Zero to Hero in Microsoft Excel: Complete Excel guide 2024

Vastu Shastra Course

By - Sachenkumar Rai, Vastu Shashtri

Data Science

SQL for Data Science along with Data Analytics and Data Visualization

Web Development

A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024

Mastering Microsoft Office: Word, Excel, PowerPoint, and 365

Digital marketing - Wordpress Website Development

By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert

Mastering Full Stack Development: From Frontend to Backend Excellence

Financial Literacy i.e Lets Crack the Billionaire Code

By - CA Rahul Gupta, CA with 10+ years of domain experience, trainer

Business Storytelling Masterclass

By - Ameen Haque, Founder of Storywallahs

Future of Marketing & Branding Masterclass

By - Dr. David Aaker, Professor at Haas School of Business

Human Potential and the Future of Employment

By - Lynda Gratton, Co-chair of the World Economic Forum Council on Work, Wages and Job Creation, Professor of Management Practice

ESG and Business Sustainability Strategy

By - Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought Leader

Financial Reporting and Analytics

By - Dr. C.P. Gupta, Professor: Department of Finance and Business Economics, University of Delhi

Discover the stories of your interest

Cyber-safety

Read More News on

After a stellar stock market debut, what Bajaj Housing Finance has for long-term investors

Fed cuts interest rate by 50 bps. Will this lead to a correction in Indian markets?

DGCA ko gussa kyun aata hai? Inside Akasa’s regulatory headwinds, and pushbacks

Decoding Isha Ambani’s game plan for Reliance’s FMCG brands

An old weapon has come to the United States’ aid in slowing China’s quantum ambitions

Left out in a hot market, how a melted ice cream business gave HUL the chills

Find this comment offensive?

Choose your reason below and click on the Report button. This will alert our moderators to take action

Reason for reporting:

Your Reason has been Reported to the admin.

To post this comment you must

Log In/Connect with:

Fill in your details:

Will be displayed

Will not be displayed

Share this Comment:

Uh-oh this is an exclusive story available for selected readers only..

Worry not. You’re just a step away.

Prime Account Detected!

It seems like you're already an ETPrime member with

Login using your ET Prime credentials to enjoy all member benefits

Log out of your current logged-in account and log in again using your ET Prime credentials to enjoy all member benefits.

To read full story, subscribe to ET Prime

₹34 per week

Billed annually at ₹2499 ₹1749

Super Saver Sale - Flat 30% Off

On ET Prime Membership

Unlock this story and enjoy all members-only benefits.

Offer Exclusively For You

Save up to Rs. 700/-

ON ET PRIME MEMBERSHIP

Get 1 Year Free

With 1 and 2-Year ET prime membership

Get Flat 40% Off

Then ₹ 1749 for 1 year

ET Prime at ₹ 49 for 1 month

Market Savvy Offer

Get flat 20% off on ETPrime

90 Days Prime access worth Rs999 unlocked for you

Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

Stock analysis. Market Research. Industry Trends on 4000+ Stocks

​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​

Stories you might be interested in

• Business News
• India Business News

Infosys founder Narayana Murthy to double private firm’s investments

Visual Stories

PPF Calculator

This financial tool allows one to resolve their queries related to Public Provident Fund account.

FD Calculator

When investing in a fixed deposit, the amount you deposit earns interest as per the prevailing...

NPS Calculator

The National Pension System or NPS is a measure to introduce a degree of financial stability...

Mutual Fund Calculator

Mutual Funds are one of the most incredible investment strategies that offer better returns...

Other Times Group News Sites

Popular categories, hot on the web, trending topics, living and entertainment, latest news.