Murugappan spent one year at Deeva where he was one of three founding partners. Deeva Capital is a start-up private equity firm which has secured about $100 million of international seed funding. The move represents a full circle for Murugappan who left ICICI Securities in early 2004, bitten by the private equity bug. At the time, Murugappan moved to Actis erstwhile CDC as an investment principal with the responsibility for leading and coordinating fundraising activities relating to South...
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