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.
Speaking to the Time of India, Raghavan said the family office liked Paladion because of its “value systems, technological expertise and conservative approach to capital”. He also said he was keen on the information security sector as a whole.
According to its website, Nadathur Holdings, founded by Raghavan in 2000, has deployed more than $500 million (€368 million) across asset classes and geographies, with real estate being a particularly important asset class.
It describes itself as “proactive” about investment opportunities especially in Asia and the US, and “opportunistic” about opportunities in Europe and other regions.