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True North

Asia, Maharashtra, India, Mumbai

Description

The company was founded with a view towards investing in mid-sized, profitable, India-centric businesses

Investor Profile

True North has made 11 investments, with 2 in the past 12 months and 45% as lead.

Stage Focus

  • Private Equity (27%)
  • Post Ipo Equity (18%)
  • Series Unknown (18%)
  • Secondary Market (9%)
  • Series A (9%)
  • Debt Financing (9%)
  • Series B (9%)

Country Focus

  • India (91%)
  • United Arab Emirates (9%)

Industry Focus

  • Financial Services
  • Health Care
  • Finance
  • Wellness
  • Angel Investment
  • Management Consulting
  • Manufacturing
  • Lending
  • Hospital
  • Consumer
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does True North frequently co-invest with?

OC
North America, California, United States, San Francisco
Co-Investments: 1
Edelweiss Tokio Life Insurance
Asia, Maharashtra, India, Mumbai
Co-Investments: 2
Bay Capital
Asia, Maharashtra, India, Mumbai
Co-Investments: 1
Kohlberg Kravis Roberts
North America, New York, United States, Hudson
Co-Investments: 1
LeapFrog Investments
Africa, NA - South Africa, South Africa, Johannesburg
Co-Investments: 3
Tata Opportunities Fund (TOF)
Asia, Maharashtra, India, Mumbai
Co-Investments: 2
SIDBI
Asia, Tripura, India, Agartala
Co-Investments: 2
P
North America, California, United States, San Francisco
Co-Investments: 1
Kotak Life Insurance
Asia, Maharashtra, India, Mumbai
Co-Investments: 2
TA Associates
North America, Massachusetts, United States, Boston
Co-Investments: 3

What are some of recent deals done by True North?

Nivara Home Finance

Bengaluru, Karnataka, India

Nivara Home Finance provides housing finance services for new homes, re-sale homes, and home improvement.

FinanceFinancial ServicesLeasing
Series BMar 17, 2025
Amount Raised: $28,177,277
Vehant Technologies

Noida, Uttar Pradesh, India

Vehant Technologies pioneer in indigenously developed Physical Security, Surveillance and Traffic Monitoring Systems.

Cyber SecurityInformation TechnologyManufacturingSecurity
Debt FinancingJan 7, 2025
Amount Raised: $9,000,000
Immuneel Therapeutics

Bengaluru, Karnataka, India

Immuneel Therapeutics is a biotechnology startup that focuses on cell therapy and personalized immunotherapy for patients.

Health CareMedical DeviceTherapeutics
Series AJun 21, 2022
Amount Raised: $15,000,000
PolicyBazaar

Gurgaon, Haryana, India

Policybazaar is an insurance broker that offers a platform to compare and buy insurance policies from various insurance providers.

Auto InsuranceCommercial InsuranceFinanceHealth InsuranceLife Insurance
Secondary MarketMar 3, 2021
Amount Raised: $45,000,000
Zydus Wellness

Ahmedabad, Gujarat, India

Zydus Wellness combines the healthcare, nutrition and cosmeceuticals to bring to you an array of the best wellness products to enrich life.

ConsumerConsumer GoodsHealth CareMedicalWellness
Post Ipo EquityJan 23, 2019
Fincare

Bangalore, Karnataka, India

Fincare is an investment company that manages multiple businesses in one single platform.

Angel InvestmentFinancial ServicesManagement Consulting
Private EquityAug 24, 2018
Amount Raised: $13,615,192
Fincare

Bangalore, Karnataka, India

Fincare is an investment company that manages multiple businesses in one single platform.

Angel InvestmentFinancial ServicesManagement Consulting
Private EquityMar 7, 2017
Amount Raised: $75,044,877

ACT (Atria Convergence Technologies Pvt. Ltd.) is a triple play service provider offering an interesting ensemble of information,

Digital EntertainmentDigital MarketingInternet
Private EquityJan 1, 2017
Amount Raised: $5,356,381
Magma Fincorp

Kolkata, West Bengal, India

Magma Fincorp Limited offers secured lending, primarily in the rural and semi-urban areas.

FinanceFinancial ServicesLending
Post Ipo EquityMar 30, 2015
Amount Raised: $79,884,647
Aster DM Healthcare

Dubai, Dubai, United Arab Emirates

Headquartered in Dubai, the journey towards excellence in Healthcare was started by Dr. Azad Moopen, a doctor turned entrepreneur.

Health CareHospitalWellness
Series UnknownMay 28, 2014
Amount Raised: $60,000,000