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Catamaran Ventures

Growth (Series C+) · EdTech & Skilling · Bengaluru

At a glance

Stage focus
Growth (Series C+)
Primary sector
EdTech & Skilling
HQ / office
Catamaran, 51/52 1st Main Road, 3rd Phase, J P Nagar, Bengaluru, Karnataka 560078, India (also has a Boston, USA office)
Fund registered
2021
Investments on record
10
Corpus (as reported)
~US$1 billion+ across asset classes (reported ~$1bn by family-office databases; firm has publicly stated a goal to reach ~$2bn AUM). Not disclosed on official site. Catamaran Ventures LLP reported ₹500 Cr–₹1,000 Cr revenue for FY ending Mar 2025 (Tracxn).
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About

Catamaran is the single-family office of Infosys founder N.R. Narayana Murthy and his family, established in 2009 in Bengaluru; the operating investment-manager entity is Catamaran Ventures LLP, which also runs SEBI-registered Category II AIFs (e.g., Catamaran AIF Trust I, reg. IN/AIF2/21-22/0981). Key people: N.R. Narayana Murthy (Founder), M.D. Ranganath (Chairman), and Deepak Padaki (President). It invests across public equity, private equity and growth-stage venture capital, with a current focus on export-oriented precision manufacturing. Strategic JV partnerships in India have included Amazon (Prione) and Aon.

Investment focus

Multi-asset: public equity, private equity, and growth-stage venture capital. Sectors: technology, consumer, healthcare, education; current emphasis on export-oriented precision manufacturing and engineering. Pan-India, long-term minority/strategic investor; stage-agnostic patient capital.

SEBI registration

SEBI AIF Category II — reported as “Family office (single-family office of N.R. Narayana Murthy; investment manager entity "Catamaran Ventures LLP", also runs SEBI-registered Cat II AIFs) / Cat II

  • IN/AIF2/21-22/0981

SIDBI Fund of Funds

None found — Catamaran is the single-family office of N.R. Narayana Murthy; its private capital is the funding source. No evidence of SIDBI FFS, a state FoF, or other government/DFI as LP.

Notable portfolio

Akshayakalpa; Log9 Materials; VerSe Innovation (Dailyhunt/Josh); Acko; Hector Beverages (Paper Boat); Udaan; Vedantu Innovations; Aequs; SEDEMAC; Prione / Cloudtail (Amazon JV, exited)

Team & organisation

Investment manager Catamaran Ventures LLP, the single-family office of N.R. Narayana Murthy; runs SEBI-registered AIFs including Catamaran AIF Trust I (SEBI reg. IN/AIF2/21-22/0981) and Catamaran Ekam (Category II AIF). Multi-strategy (PE/VC/public equity).

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Frequently asked

What does Catamaran Ventures invest in?
Multi-asset: public equity, private equity, and growth-stage venture capital. Sectors: technology, consumer, healthcare, education; current emphasis on export-oriented precision manufacturing and engineering. Pan-India, long-term minority/strategic investor; stage-agnostic patient capital.
How do I pitch Catamaran Ventures through iHub India?
Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.

Similar investors

About this record

  • NAME-COLLISION / DOMAIN-HINT MISMATCH: the hint catamaranventures.com (UK) is NOT this firm — it corresponds to the now-dissolved UK arm "Catamaran Ventures UK Ltd" (co-founded by Akshata Murty & Rishi Sunak; resolved to liquidate in 2023). The genuine, live firm is catamaran.in (independently fetched and confirmed). STRUCTURE: single-family office managing the Murthy family's own capital, not a third-party VC/PE fund raising external LP money — engagement model differs from a typical accelerator-program investor. No published email/contact on the official site (physical address only). No government/DFI/public-university linkage — confirmed PRIVATE.

Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.

Sources: https://catamaran.in/about-us/; https://altss.com/profile/catamaran-ventures-n-r-narayana-murthy-family-office