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Indian family offices

June 18, 2014

The family office of Indian tech entrepreneur Nadathur Sarangapani Raghavan, one of the seven founders of business consulting and IT firm Infosys, has acquired a controlling stake in information security company Paladion Networks. 

The family office of Indian tech entrepreneur Nadathur Sarangapani Raghavan, one of the seven founders of business consulting and IT firm Infosys, has acquired a controlling stake in information security company Paladion Networks.

Bangalore-based Paladion revealed late last year that it wanted to increase its revenue five fold over the next five years to Rs 500 crore.

November 20, 2013

Premji Invest, the family office of one of India’s richest individuals, Azim Premji, is reportedly in discussions to lead a $50 million (€37 million) fundraiser in e-commerce fashion retailer Myntra.

Premji Invest, the family office of one of India’s richest individuals, Azim Premji, is reportedly in discussions to lead a $50 million (€37 million) fundraiser in e-commerce fashion retailer Myntra.

The website, headquartered in Bangalore, was founded in 2007 and is now India’s largest online fashion and lifestyle store, with annual revenues of $120 million. It stocks Indian fashion brands, as well international household names, such as Nike, Reebok and Adidas.

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