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True North to sell analytics company Actify Data Labs to global survey platform Voxco

TMT

11 January, 2022

True North to sell analytics company Actify Data Labs to global survey platform Voxco

True North, one of India’s oldest private equity (PE) firms, has signed a definitive agreement to sell its entire stake ......

True North-backed nonbank lender Fedfina plans IPO

Finance

19 October, 2021

True North-backed nonbank lender Fedfina plans IPO

Fedbank Financial Services Ltd (Fedfina), a retail-focused non-bank lender set up by Federal Bank Ltd, is planning a public listing, ......

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True North's seventh fund to focus more on investing in digital-first firms

Finance

18 October, 2021

True North's seventh fund to focus more on investing in digital-first firms

True North, one of the oldest Indian private equity (PE) firms, is readying to pump in money into digital-first companies ......

Temasek to invest $73 mn in pharma platform Integrace, True North to part-exit

Healthcare

04 October, 2021

Temasek to invest $73 mn in pharma platform Integrace, True North to part-exit

Singapore state investor Temasek Holdings has signed a definitive agreement to invest Rs 540 crore ($73 million) in pharmaceuticals-focused platform ......

Tiger Global-backed Infra.Market acquires RDC Concrete from True North

Manufacturing

20 September, 2021

Tiger Global-backed Infra.Market acquires RDC Concrete from True North

Infra.Market, the Tiger Global-backed marketplace for construction materials which achieved unicorn status in February, has agreed to acquire RDC Concrete ......

ChrysCapital, True North, others invest $150 mn in QuEST Global for minority stake

TMT

23 August, 2021

ChrysCapital, True North, others invest $150 mn in QuEST Global for minority stake

Homegrown private equity players ChrysCapital and True North Managers LLP as well as others have invested around $150 million for ......

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Buyout PEs begin to take minority stakes in new economy startups

TMT

21 June, 2021

Buyout PEs begin to take minority stakes in new economy startups

PE firms such as KKR and Blackstone that have traditionally focussed on buyout deals in India are warming up to ......

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Private equity firm True North kicks off work on maiden credit fund

Finance

10 June, 2021

Private equity firm True North kicks off work on maiden credit fund

Mid-market private equity firm True North has kicked off work on its maiden credit fund and initiated talks with limited ......

PE-backed Fincare Small Finance Bank files draft papers for IPO

Finance

10 May, 2021

PE-backed Fincare Small Finance Bank files draft papers for IPO

Private equity-backed Fincare Small Finance Bank has filed for an initial public offering (IPO) worth Rs 1,330 crore (approximately $181.2 ......

MOPE invests in Fincare Small Finance Bank; True North makes part-exit

Finance

03 May, 2021

MOPE invests in Fincare Small Finance Bank; True North makes part-exit

Motilal Oswal Private Equity (MOPE) has picked up a minority stake worth around Rs 185 crore ($25 million) in Fincare ......