PE Firm Multiples Marks Final Close Of $430 Mn Continuation Fund

PE firm Multiples marks final close of $430M continuation fund, extending its investment focus on late-stage Indian startups. Multiples Alternative Asset Management has successfully closed its $430 million (approximately ₹3,670.62 crore) continuation fund, one of India's largest private equity portfolio transactions. This fund will acquire interests in existing portfolio companies from Multiples Fund II, including Vastu Housing Finance Corporation, Quantiphi, and APAC Financial Services. The move allows existing investors to realize returns while providing fresh capital for continued ownership and growth, signaling sustained confidence in high-growth Indian startups.