About True North Fund V Llp
Data last updated: 05 January 2026
True North Fund V Llp is a limited liability partnership company based in Bangalore, Karnataka, India. It specialises in diversified financial services, a part of the broader financial services sector. Incorporated on 20 December 2016, the LLP has been in operation for over 10 years.
Registered with ROC Bangalore under LLPIN AAI-0542.
Capital: a total obligation of contribution of ₹4,432.4 Cr. Formerly known as India Value Fund V Llp. It is led by designated partners Suresh Narsappa Talwar and Laxminarayan Rangarajan.
Accounts filed on 31 March 2025. Office: Rocklines House Ground Floor 9/2 Muesum Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹737.1 Cr, reflecting significant growth compared to the previous year.
The LLP has a workforce of approximately 5 employees as per the latest available data.
The LLP is associated with 3 brands - Indigo Delicatessen, Degustibus Hospitality, True North. As per MCA filings, the LLP has open charges of ₹325 Cr on record.
For more details, the LLP can be reached via its website truenorth.co.in.
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Registered AddressRocklines House Ground Floor 9/2 Muesum Road, Bangalore, Karnataka, India – 560001
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IndustryFinancial Services, Diversified Financial Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Associated Brands with True North Fund V Llp
True North Fund V Llp operates multiple associated brands including Indigo Delicatessen, DeGustibus Hospitality, and True North. These brands represent True North Fund V Llp's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| A fine dining restaurant chain offering exquisite culinary experiences. | indigodeli.com | |
| Multi Cuisine Restaurant Operator | degustibus.com | |
| Private equity is invested by True North in mid-market companies. | truenorth.co.in |
Competitors & Alternatives of True North Fund V Llp
Brands and companies operating in the same space as True North Fund V Llp include Impresario, Devyani International, YUM! Brands and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Impresario
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Chain of limited service restaurant | Mumbai, India, India | 2001 |
Devyani International
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Quick-service restaurants and food courts are developed and operated. | Delhi, India, India | 1991 |
YUM! Brands
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Restaurants chains | Louisville, United States, United States | 1997 |
Hunger
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Indian restaurants and a food magazine are operated. | Mumbai, India, India | 2014 |
Biggies Burger N More
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Restaurant chain serving American fast food and snacks | Bengaluru, India, India | 2011 |
Massive Restaurants
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Massive Restaurants is engaged in operating multiple branded dining locations. | Gurugram, India, India | 2012 |
JS Hospitality
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North Indian - Pind Balluchi, Park Balluchi | Delhi, India, India | 2012 |
Olive Bar and Kitchen
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Mediterranean fine dining is offered by restaurant chain operations. | Mumbai, India, India | 2000 |
Mad Over Donuts
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Chain of limited service restaurants offering donuts and coffee | Mumbai, India, India | 2007 |
VRO Hospitality
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Restaurant chain serving multiple dishes | Bengaluru, India, India | 2018 |
Auditor Details of True North Fund V Llp
True North Fund V Llp is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS LLP | Locked | Locked | Locked |
Complete auditor history for True North Fund V Llp
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Designated Partners of True North Fund V Llp
True North Fund V Llp is currently managed by 2 designated partners, with 5 former designated partners having served the organization. The current Designated Partners play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Suresh Narsappa Talwar
Also directs:
True North Fund Vi Llp, True North Fund Trusteeship Private Limited, True North Trusteeship Private Limited and 1 more
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Designated Partner | 28 Dec 2016 | 9 Years 7 Months | Current |
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Laxminarayan Rangarajan
Also directs:
True North Fund Vi Llp, True North Fund Trusteeship Private Limited, True North Trusteeship Private Limited and 2 more
|
Designated Partner | 15 May 2024 | 2 Years 2 Months | Current |
Financials of True North Fund V Llp FY 2025 filings available
True North Fund V Llp reported revenue of ₹737.1 Cr (up 9734.00% YoY) for FY 2024.
Ten-year financial statements for True North Fund V Llp
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Ownership and Shareholding of True North Fund V Llp
Shareholding and ownership data for True North Fund V Llp
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Charges & Borrowings of True North Fund V Llp
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2018 | Catalyst Trusteeship Limited | ₹325 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at True North Fund V Llp
True North Fund V Llp has a workforce of 5 employees as of Apr 08, 2024.
Employee and EPFO history for True North Fund V Llp
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GST Compliance of True North Fund V Llp
GST registrations and filing compliance for True North Fund V Llp
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Credit Ratings, Litigation & Regulatory Alerts for True North Fund V Llp
Credit ratings, litigation, and regulatory alerts for True North Fund V Llp
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MSME Payment Delays by True North Fund V Llp
MSME payment history for True North Fund V Llp
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Subsidiaries & Group Companies of True North Fund V Llp
Corporate group structure for True North Fund V Llp
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MCA Filings & Documents of True North Fund V Llp
MCA filings and documents for True North Fund V Llp
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Recent Activity on True North Fund V Llp
Recent News on True North Fund V Llp
Frequently Asked Questions about True North Fund V Llp
True North Fund V Llp is an active limited liability partnership in the financial services sector based in Bangalore, Karnataka, India. It was incorporated on 20 December 2016 (10+ years old) and is registered under LLPIN AAI-0542. The LLP has 5 employees.
True North Fund V Llp reported revenue of ₹737.1 Cr for FY 2024 (up 9734.00% YoY).
The current designated partners of True North Fund V Llp are:
- Suresh Narsappa Talwar - Designated Partner
- Laxminarayan Rangarajan - Designated Partner
The primary industry of True North Fund V Llp is financial services. The LLP specifically operates in diversified financial services. The LLP is currently active in this sector.
True North Fund V Llp can be reached at the registered office: Rocklines House Ground Floor 92 Muesum Road, Bangalore, Karnataka, India – 560001, or through the website truenorth.co.in.
The total obligation of contribution is ₹4,432.4 Cr.