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

ys-analytics

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..

Photo of Sayan Sen

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

Startup news and updates: Daily roundup (September 20, 2024)

Elevate your mindset: 7 essential reads for cognitive growth

Elevate your mindset: 7 essential reads for cognitive growth

Infibeam Avenues net profit soars 2.7X YoY to Rs 70 Cr in Q1 FY25

Infibeam Avenues net profit soars 2.7X YoY to Rs 70 Cr in Q1 FY25

Mastering confidence: 6 must-read books for self-empowerment

Mastering confidence: 6 must-read books for self-empowerment

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

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

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.

IMAGES

  1. What Is Catamaran Ventures? (Learn The Ins-and-Outs)

    catamaran ventures careers

  2. What Is Catamaran Ventures? (Learn The Ins-and-Outs)

    catamaran ventures careers

  3. Catamaran Ventures to expand investments, bets on manufacturing

    catamaran ventures careers

  4. What Is Catamaran Ventures? (Learn The Ins-and-Outs)

    catamaran ventures careers

  5. Catamaran Ventures

    catamaran ventures careers

  6. Careers

    catamaran ventures careers

VIDEO

  1. VISION TO VENTURE

  2. Aventura 50 powercat walk around Cannes 2023

  3. How Cloudtail sells on Amazon

  4. Interview de Boris Compagnon, directeur commercial et marketing de Catana Group {FR}

  5. Leahi Catamaran

  6. How to Take Risks In Your 20s

COMMENTS

  1. CATAMARANVENTURES.COM

    Catamaran invests in venture capital, private equity, public markets and joint ventures with global multinationals. In our venture capital portfolio we are sector and stage agnostic and seek differentiated and financially sound businesses run by competent, committed and trustworthy entrepreneurs.

  2. Catamaran - LinkedIn

    About us. Catamaran wants to be a globally-respected catalyst that invests in innovative ideas from passionate and value-based entrepreneurs to help them build successful enterprises. We manage...

  3. Catamaran - Crunchbase Investor Profile & Investments

    Catamaran is a catalyst for creating innovative enterprises in India. We manage over $1 billion across asset classes. Through our VC/PE portfolio, we invest in bold ideas from passionate entrepreneurs and work with them across stages to build successful enterprises.

  4. Deepak Padaki On Catamaran Ventures’ Investment Playbook

    So, how does Padaki identify such startups? What is Catamaran Ventures’ investment philosophy, key focus areas and targets, and how has it evolved in the last 14 years of its existence?

  5. Narayana Murthy’s venture firm: Strategic Partnerships Galore

    Catamaran Ventures LLP, the venture firm founded by N. R. Narayana Murthy, the renowned co-founder of Infosys, is set to expand its investments with the goal of doubling its current $1 billion...

  6. Catamaran Ventures Investor Profile: Portfolio & Exits ...

    Information on investments, active portfolio, exits, fund performance, dry powder, team and co-investors for Catamaran Ventures. Use the PitchBook Platform to explore the full profile.

  7. How Much Does Catamaran Pay in 2024? (267 Salaries)

    A free inside look at Catamaran salary trends based on 267 salaries wages for 150 jobs at Catamaran. Salaries posted anonymously by Catamaran employees.

  8. Catamaran Ventures to expand investments, bets on ...

    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.

  9. Arjun Narayan, Catamaran Ventures: Profile and Biography

    Arjun Narayan is Co-Founder at Catamaran Ventures. See Arjun Narayan's compensation, career history, education, & memberships.

  10. Catamaran Ventures - CB Insights

    Catamaran Ventures is a venture capital fund set up by N.R. Narayana Murthy involved in managing a large valuation of asset classes. It provides investments across high-growth sectors including e-commerce, technology, financial services, consumer goods, healthcare, and education.