NR Narayana Murthy’s Catamaran Ventures in talks to pick up stake in Udaan

Mumbai: Catamaran Ventures, the private investment firm launched by Infosys’ co-founder NR Narayana Murthy, is in talks to purchase a small minority stake in Udaan from some employees of the business-to-business marketplace. These employees are seeking to offload their vested stock options, according to three people with direct knowledge of the negotiations. The Bengaluru-based family office could acquire 2-3 % stake in Udaan, which was last valued at $3.2 billion...
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