We created this article as part of our research process for our Asian single family office database. Here, we are highlighting the ambitious growth plans of an Indian single family office.
Catamaran is the single family office of entrepreneur Narayana Murthy. The Indian investment vehicle plans to increase its AUM to $2BN over the next 5 years. The family office is aiming 15% returns on its investments and shifts the focus from early-stage to growth and later stage investments.
Catamaran: the single family office of Narayana Murthy
In 1981, Narayana Murthy founded Indian IT firm Infosys. Today, the firm is listed on the NYSE and realizes annual revenues over $14bn. Currently, the Catamaran single family office manages over $1bn, mainly focusing on venture capital investments. The family office is stage agnostic, offers patient capital for longterm strategies and brings a wide ecosystem with it. Portfolio companies can be found all over the globe. For instance, Catamarn invested in Elon Musk’s spacetech firm SpaceX. Other investments include the Indian B2B platform udaan, or digital-first insurances from Acko.