India's Multiples PE in talks to invest up to $40m in Asian Footwear

India's Multiples PE in talks to invest up to $40m in Asian Footwear

Photo: Pixabay

India’s home-grown private equity player Multiples Asset Management (Multiples PE), founded by Renuka Ramnath, is in advanced talks to invest in traditional, family-owned shoe-manufacturing company Asian Footwear as the latter looks to expand its business across the country.

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