Business Today

Triumphant encore - Renuka Ramnath

Rajiv Bhuva        Print Edition: September 18, 2011

She was dubbed the 'queen of private equity in India' when she headed ICICI Venture. But in April 2009 she quit abruptly to begin work from scratch on a start-up.

The start-up now is a $450 million (Rs 2,025 crore) fund, Multiples Alternate Asset Management, backed by top Indian and global institutional investors, of which Renuka Ramnath, 49, is Managing Director and CEO. How tough were the last two years? "With 100 per cent time spent in productive work, my experience was very enjoyable," she says.

Her inner strength is evident in the way she reacts to the global economic crisis. On the verge of leaving for the United States for a round of fund raising, she maintains she is unperturbed. "One has to embrace different strategies in different environments," she says.

MY DREAM PROJECT
To make success synonymous with Multiples

MOST POWERFUL WOMEN - HALL OF FAME
(Click on their names to know their success story)
Naina Lal KidwaiSwati Piramal
Chanda KochharShikha Sharma
Kiran Mazumdar-ShawMallika Srinivasan
OTHER MOST POWERFUL WOMEN
(Click on their names to know their success story)
Aruna JayanthiZia Mody
Nandita GurjarRoopa Kudva
Chiki SarkarZarina Mehta
Renu Sud KarnadVinita Bali
Jyotsna SuriLeena Nair
Meena GaneshVinita Gupta
Kirthiga ReddyShobhana Bhartia
Ekta KapoorPreetha Reddy
Falguni NayarVishakha Mulye
Archana HingoraniKalpana Morparia
Ashvini YardiVedika Bhandarkar
Nita AmbaniRenuka Ramnath
Ashu Suyash

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