Renuka Ramnath, Founder, MD, and CEO of
Multiples Alternate Asset Management, has been appointed as the chairperson of Indian Private Equity & Venture Capital Association (IVCA). Ramnath has been an active member of the
IVCA since its inception in 2010.
In a statement, Ramnath said, “I have been an active member of IVCA and seen the progress that it has made over the last few years under the leadership of my predecessors. Karthik Reddy, Partner, Blume Ventures joins me as the Vice-Chair."
IVCA is planning to get more members to join in the future. "Our focus areas remain working with the government and regulatory bodies to build and grow our industry through dialogues and partnerships with all our
stakeholders," she added in the statement.
In a statement, Karthik said, “Under the guidance of leaders like Padmanabh Sinha and Gopal Srinivasan, and the team led by Rajat, IVCA has championed future-ready changes for the Indian
capital markets. As a team, we will work hard on further streamlining the industry alongside a supportive set of
regulators and government bodies.”