NRN is setting up his VC fund and the fund will be called ‘Catamaran’. Catamaran, derived from Tamil word, ‘kattumaram’ is a multi-hulled boat which moves swiftly and is lot more agile.
The fund will invest in healthcare, retail, technology and though NRN hasn’t disclosed the fund size, it won’t be a limiting factor. Catamaran will start the investment in a year or two and NRN will also mentor startups in crystallizing ideas.
We need more NRNs to come out and start their angel fund – especially in a country where there is a lack of angel capital and majority of the current early stage investors are talking of ‘not less than a mn$ fund requirement’.
What’s your take?
Nice and welcome start. But why is everyone from Obama to Osama focused on healthcare startups these days?
Why not focus on core technology platforms which help upbringing of ecosystems like healthcare, education or just about anything on the planet?
Cheers
~ Arvind
Umm, Nice but year or two won’t help me much..
Am desperate for funding.. 
NRN’s VC Fund – Catamaran is going to help small enterprenuers who can not fulfill their dreams due to lack of funds.He has always done good to society & with this VC fund the history will be repeated it self.
Rgds
just shows giving back to society is not a burden or an obligation to the Murthy’s !!! Is Azim Premji listening???