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We are an independent, India-dedicated Private Equity firm. SEBI Registration: https://teapaw.org/t.co/En57UZdEVZ

Joined October 2021
Photo by Multiples Alternate Asset Management (@MultiplesPE)Photo by Multiples Alternate Asset Management (@MultiplesPE)Photo by Multiples Alternate Asset Management (@MultiplesPE)Photo by Multiples Alternate Asset Management (@MultiplesPE)Photo by Multiples Alternate Asset Management (@MultiplesPE)Photo by Multiples Alternate Asset Management (@MultiplesPE)Photo by Multiples Alternate Asset Management (@MultiplesPE)Photo by Multiples Alternate Asset Management (@MultiplesPE)
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At Multiples, we believe responsible investing is about embedding these principles into business practices to strengthen organisations, promote workplace safety and create long-term value.
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The discussion reinforced an important principle: effective human right risk management requires looking beyond organisational boundaries, making workplace safety measurable and working collectively to address systemic challenges.
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A key example is Suraksha, Multiples’ proprietary safety programme, which spans 18 active portfolio companies and reaches approximately 150,000 workers across their value chains.
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Vishal shared Multiples’ experience of translating ESG commitments into practice through on-ground due diligence, worker engagement and active ownership.
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At Principles for Responsible Investment in Person 2026 in Amsterdam, Vishal Bhavsar, Multiples, joined global investors, worker representatives and industry practitioners to discuss how investor action can address human rights risks across increasingly complex supply chains.
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For Multiples, partnering with entrepreneurs building for the future is central to creating long-term value and powering new possibilities.
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A key part of this vision is enabling enterprises to work across different AI models while addressing questions of content ownership, authenticity, authorisation and traceability.
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Prabhu Narasimhan, Founder & CEO, BRAHMA AI, emphasised his ambition to build a defining global technology company of the AI era.
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She also spoke about how audiovisual technology is evolving into a core layer of business infrastructure, opening up possibilities beyond its traditional applications in media and entertainment.
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In The Economic Times article, Renuka Ramnath, Founder, MD & CEO, Multiples, outlined the investment thesis behind BRAHMA AI, highlighting the potential to deepen existing customer relationships and unlock new applications.
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The next frontier of enterprise technology lies in how businesses create, manage and engage with content.
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This approach is reinforced by Suraksha, Multiples’ proprietary programme to strengthen workplace health and safety across portfolio companies, helping reduce fatalities and improve safety and productivity.
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These actions are embedded in investment agreements, with defined ownership and timelines, and integrated into portfolio companies' value-creation plans.
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Vishal shared how Multiples incorporates human rights and occupational health and safety into its due diligence process, carrying identified risks forward into Environmental and Social Action Plans (ESAPs).
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In the latest PRI podcast, Vishal Bhavsar, Senior VP and Head – ESG, Multiples, joined Monique Mathys-Graaff, CFA, Interim Chief Markets Officer at PRI, and Lisa Genasci, MD, Sustainable Finance at ADM Capital, to explore sustainability in private market investing.
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At Multiples Alternate Asset Management, responsible investing means translating material ESG considerations into actionable business priorities that support long-term value creation.
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