Family office to Infosys cofounder Narayana Murthy warns on startup valuations

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Catamaran is one of the country’s largest private investors, running $1.3 billion for the Infosys Ltd founder, who is the father-in-law of former UK Prime Minister Rishi Sunak. While India’s startup scene is one of the world’s largest, valuations have nosedived for several companies that struggled to grow.