In TrendsStock MarketNifty OutlookStocks to WatchOil Prices8th Pay CommissionBrahma AI is ‘head and shoulders’ above competition, says Multiples CEO Renuka RamnathMultiples Alternate Asset Management still has dry powder for new investments as it expands its focus beyond traditional financial services and consumer businesses. Renuka Ramnath said the firm is also looking at industrials and India’s family-business ownership transition. She added that Multiples is not currently evaluating acquisitions in the listed space and remains confident about VIP Industries’ long-term potential.By Nigel D'Souza | Reema Tendulkar September 23, 2026, 4:47:39 PM IST (Published)Multiples Alternate Asset Management Founder, MD & CEO Renuka Ramnath said the private equity firm is very confident about its $100 million investment in Brahma AI, describing the artificial intelligence company as “head and shoulders above” its competition.Speaking to CNBC-TV18, Ramnath said the investment is a structured deal, meaning there is no fixed percentage stake determined in the company yet. Multiples has led the funding round and has fully participated to the extent permitted by its current funds.“What's extraordinary about Brahma AI, of course, is its technology. We are very, very confident that, they are head and shoulders above their competition,” Ramnath said.Ramnath said Brahma AI fits Multiples’ long-standing investment…
Original source: https://www.cnbctv18.com/technology/
