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Bottomline: True North-backed Anthem Bio's margins shrink again, revenue remains in a spot

Finance

21 May, 2024

Bottomline: True North-backed Anthem Bio's margins shrink again, revenue remains in a spot

Anthem Biosciences Pvt Ltd had nearly doubled its revenue in FY21, the same year in which it hit a billion-dollar valuation following ......

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True North wraps up fundraising for maiden private credit vehicle

Finance

20 May, 2024

True North wraps up fundraising for maiden private credit vehicle

Homegrown private equity firm True North has wrapped up fundraising for its maiden private credit fund, nearly three years after ......

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True North's key private credit executive to step down

Finance

14 May, 2024

True North's key private credit executive to step down

Homegrown private equity firm True North is set to lose a key executive from its relatively new private credit vertical, a ......

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True North-backed domestic NBFC adds new investor to cap table

Finance

02 May, 2024

True North-backed domestic NBFC adds new investor to cap table

A non-banking financial company, backed by homegrown private equity firm True North, has bagged an additional amount in an extended ......

Kedaara Capital hits final close of India's largest private equity fund

Finance

25 April, 2024

Kedaara Capital hits final close of India's largest private equity fund

Kedaara Capital has marked the final close of its fourth fund, raising the largest corpus by any Indian private equity ......

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True North manages an exit from decade-old bet with likely sub-par returns

Consumer

02 April, 2024

True North manages an exit from decade-old bet with likely sub-par returns

Private equity firm True North has made a liquidity move from an Indian company through a strategic sale after scoring ......

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Former Biocon execs' CRAMS firm Anthem Bio eyes pre-IPO funding

Healthcare

29 February, 2024

Former Biocon execs' CRAMS firm Anthem Bio eyes pre-IPO funding

Bengaluru-based pharma contract research company Anthem Biosciences Pvt. Ltd, which hit the billion-dollar valuation mark two years ago after private ......

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Grapevine: Former Mahindra Partners chief rolls out new venture; Niva Bupa plans IPO

General

16 January, 2024

Grapevine: Former Mahindra Partners chief rolls out new venture; Niva Bupa plans IPO

Parag Shah, the former head of Mahindra & Mahindra's private equity unit who quit the conglomerate in August last year, ......

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True North presses exit button on one of its single-biggest PE bets

Healthcare

10 January, 2024

True North presses exit button on one of its single-biggest PE bets

Private equity firm True North, which made several monetisation moves in 2023 while also slashing the target corpus of its seventh ......

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Flashback 2023: Private credit booms but RBI curbs cloud outlook

Finance

26 December, 2023

Flashback 2023: Private credit booms but RBI curbs cloud outlook

The private credit market gained significant momentum in India during 2023 with both local and global debt investors joining the bandwagon even as traditional ......