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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 ......

M&M to buy rest of Meru from True North, others; names new chief

TMT

03 May, 2021

M&M to buy rest of Meru from True North, others; names new chief

Automobile giant Mahindra and Mahindra said on Monday it will buy rest of Meru Travel Solutions Pvt Ltd for Rs ......

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Piramal Capital fund manager to leave for local PE's recently born credit vertical

People

23 April, 2021

Piramal Capital fund manager to leave for local PE's recently born credit vertical

A top fund manager at Piramal Capital, with close to two decades of experience, is leaving for a homegrown private ......

True North partially exits insurance aggregator Policybazaar headed for markets

TMT

09 April, 2021

True North partially exits insurance aggregator Policybazaar headed for markets

Private equity firm True North has sold a part of its holding in Policybazaar to five buyers.  They are Ashoka India ......

Policybazaar raises $75 million for UAE expansion

TMT

18 March, 2021

Policybazaar raises $75 million for UAE expansion

PB Fintech-run online insurance aggregator Policybazaar has raised $75 million in a fresh funding round led by New York-based hedge ......