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True North hits first close for record India private equity fund

Finance

13 December, 2017

True North hits first close for record India private equity fund

Homegrown private equity firm True North Managers LLP has hit the first fundraising milestone for its sixth fund that may ......

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Jagran Prakashan plans acquisitions to accelerate growth

TMT

08 December, 2017

Jagran Prakashan plans acquisitions to accelerate growth

Media house Jagran Prakashan Ltd is looking to revamp its portfolio and put in place an inorganic expansion strategy to ......

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Former True North top exec floats advisory firm

People

21 November, 2017

Former True North top exec floats advisory firm

Amit Hirawat, a former director at True North who led the private equity firm’s investments in healthcare services, manufacturing and ......

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PE firms pull out $60 mn from IEX in a deal with IIFL's pre-IPO fund, others

Infrastructure

11 October, 2017

PE firms pull out $60 mn from IEX in a deal with IIFL's pre-IPO fund, others

Private equity investors in Indian Energy Exchange Ltd (IEX) have sold shares worth Rs 395.5 crore ($60 million) to a ......

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True North in fray to buy PE-controlled logistics firm

Infrastructure

29 August, 2017

True North in fray to buy PE-controlled logistics firm

Private equity firm True North Managers LLP is in an initial stage of discussions to buy a majority stake in ......

Software development community Indiez raises seed funding

TMT

24 August, 2017

Software development community Indiez raises seed funding

Bengaluru- and San Francisco-based software development community Indiez has raised $500,000 (around Rs 3.2 crore) in seed funding from True ......

After swift deployment of fifth fund, True North laying ground for sixth

Finance

27 July, 2017

After swift deployment of fifth fund, True North laying ground for sixth

Homegrown private equity firm True North Managers LLP is preparing ground for the launch of its sixth fund that will ......

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Exit climate for PE firms has improved: True North's Srikrishna Dwaram

Finance

05 June, 2017

Exit climate for PE firms has improved: True North's Srikrishna Dwaram

True North Managers LLP—formerly known as India Value Fund Advisors—is one of India’s oldest homegrown private equity firms. It manages ......

Former ICICI Bank exec Rajiv Sabharwal joins Finova Capital as adviser

People

29 May, 2017

Former ICICI Bank exec Rajiv Sabharwal joins Finova Capital as adviser

Jaipur-based non-banking financial company Finova Capital Pvt. Ltd has roped in banking sector past master Rajiv Sabharwal as a strategic ......

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True North deploys bulk of fifth fund's corpus

Finance

23 May, 2017

True North deploys bulk of fifth fund's corpus

Private equity firm True North Managers LLP has invested a better part of its Indium Fund V in less than ......