About True North
True North is a Financial Services company based in Mumbai (India). Private equity is invested by True North in mid-market companies. It operates on a Brokerage / Intermediation model. The company has 2 employees. True North has completed 11 acquisitions, including Ban Group, Care Health Insurance and Digvijay Cement. True North offers products and services including Private Equity and Private Credit. Its focus areas include Financials, Capital Markets, Private Equity and Credit Services. Its legal entity in India is TRUE NORTH CREDIT FUND MANAGERS LLP (AAX-6616).
Company details
True North is involved in providing private equity and private credit solutions to entrepreneurs and business leaders in India. The company focuses on building socially responsible and high-performing businesses across sectors like consumer products, financial services, healthcare, pharmaceuticals, and technology. Equity capital and strategic partnerships are offered to support mid-market companies, while customized credit solutions are provided for various financial needs. Responsible investing and sustainability through ESG initiatives are emphasized in their operations.
- Headquarters Mumbai, India
- Employees 2
- SectorsFinancial Services
- Website truenorth.co.in
- Social LinkedIn
- Legal Name True North Credit Fund Managers Llp
- Date of Incorporation 06 Jul, 2021
- Jurisdiction Mumbai, Maharashtra, India
- Employee Count2
- Investments & AcquisitionsBan Group
& 10 more
Associated legal entities of True North
True North operates through True North Credit Fund Managers Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| True North Credit Fund Managers Llp CIN AAX-6616 | Active | 06 Jul 2021 | Mumbai, Maharashtra | 2 | 2 | View details |
Products & Services of True North
True North offers a comprehensive portfolio of products and services, including Private Equity and Private Credit.
Equity capital is provided to build admired businesses.
Customized credit solutions are offered to entrepreneurs.
Board of directors of True North Credit Fund Managers Llp (True North)
True North Credit Fund Managers Llp is the primary company behind True North. The board of True North Credit Fund Managers Llp currently have 2 directors; the longest-serving is Rajagopalan Santhanam, appointed in 2021. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajagopalan Santhanam DIN 00025669 | Designated Partner | 06 Jul 2021 | 5 yrs 3 mo | True North Credit Fund Managers Llp |
| Vishal Gangadhar Nevatia DIN 01307857 | Designated Partner | 12 Sep 2024 | 2 yrs 1 mo | True North Credit Fund Managers Llp |
People of True North
19 people are tracked at True North (9 in leadership, 10 in team); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Kshitij Agrawal | Vice President | Leadership |
| CEO | Leadership | |
Joylyn Largo-Afonso | Director Human Resources - Head Leadership Hiring | Leadership |
Tushara Garg | Vice President, Investment Team | Leadership |
Rahul Kapani | Director - Business Management | Leadership |
Nitin Nayak | Managing Director | Leadership |
Mayank Mishra | Director | Leadership |
Akshay Soni | Director | Leadership |
Jolly Abraham | Managing Director And General Counsel | Leadership |
Santosh Jadhav | Front Desk Officer | Team |
Vishruta Kathuria | Private Equity Professional | Team |
Mukund Maheshwari | Senior Associate | Team |
Gouri Chandavarkar | Administration And HR Manager | Team |
Vishal G. | Senior Manager HR | Team |
Rama Padgaonkar | Executive Assistant | Team |
Pramod Kabra | Senior Advisor | Team |
Asil Kewal | IT Consultant | Team |
Narayan Sunil | Private Equity Sr. Associate | Team |
Divyesh Dixit | Business Manager | Team |
Complete people profiles for True North
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by True North
True North has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Ban Group, Care Health Insurance and Digvijay Cement.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Health insurance services are provided by Max Bupa in India. | maxbupa.com | Delhi, India | 2008 | Feb 2019 | $71.96M | |
Provider of cement for the construction industry | digvijaycement.com | Jamnagar, India | 2005 | Nov 2018 | $11.4M | |
Ayurvedic hair care and wellness products are manufactured naturally. | sesacare.com | Thane, India | 1995 | Oct 2018 | $171.16M | |
Ayurvedic healthcare products are sold online through Ban Labs. | banlabs.com | Rajkot, India | 2002 | Oct 2018 | •••• | |
Provider of health and travel insurance plans | careinsurance.com | Gurugram, India | 2012 | Apr 2017 | •••• | |
Affordable home loans are extended to low and middle-income groups. | homefirstindia.com | Mumbai, India | 2010 | Feb 2017 | $100M | |
Hybrid seeds for crops like cotton and rice are supplied. | seedworks.com | Hyderabad, India | 1998 | Sep 2016 | $40M | |
Pest control services are provided by HiCare for residential and commercial spaces. | hicare.in | Mumbai, India | 2003 | Jun 2014 | •••• | |
Commodity management services, including warehousing and bulk handling, are offered. | nbhcindia.com | Mumbai, India | 2003 | Mar 2014 | $39.4M | |
Processed spices, seasonings, and flavors are manufactured and marketed globally. | vklspices.com | Kochi, India | 1935 | Jun 2013 | $40M |
Complete acquisition details for True North
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of True North
10 dated milestones of True North across 6 years, from founding to its latest funding, stage changes and deals.
- Acquisition Acquires VKL Seasoning.
- Acquisition Acquires National Bulk Handling Corporation.
- Acquisition Acquires HiCare.
- Acquisition Acquires Seedworks International.
- Acquisition Acquires HomeFirst Finance.
- Acquisition Acquires Care Health Insurance.
- Acquisition Acquires Ban Group.
- Acquisition Acquires Sesa Care.
- Acquisition Acquires Digvijay Cement.
- Acquisition Acquires Max Bupa.
Top companies in Private Equity Funds
2 companies that operate in the same segment as True North (Private Equity Funds) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Private equity firm and fund of funds focused on multiple sectors | 2020 | India | USD 238.01 M | 969 | ||
Provides mutual fund investments, SIP options, and financial planning services online. | 2009 | Mumbai, Maharashtra, India | 93,874 |
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Frequently Asked Questions about True North
True North is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
True North has 2 employees.
True North is involved in providing private equity and private credit solutions to entrepreneurs and business leaders in India. The company focuses on building socially responsible and high-performing businesses across sectors like consumer products, financial services, healthcare, pharmaceuticals, and technology. Equity capital and strategic partnerships are offered to support mid-market companies, while customized credit solutions are provided for various financial needs. Responsible investing and sustainability through ESG initiatives are emphasized in their operations.
True North offers Private Equity and Private Credit.
True North has made 11 acquisitions, including Ban Group, Care Health Insurance, and Digvijay Cement.
True North operates through True North Credit Fund Managers Llp.
The legal entities of True North currently have 2 directors, including Vishal Gangadhar Nevatia, Rajagopalan Santhanam.