True North

About The Fund

True North (Managers) is a limited partner based in Mumbai, India, established in 1999, specializing in mid-sized, profitable, India-centric businesses. The firm is recognized as one of the most experienced private equity firms in India and prides itself on partnering with over 50 mid-market entrepreneurs and business leaders. They invest in sectors including Software, IT & TMT, Media, BioTech, Business Solutions, Energy, HealthTech & Fitness, Logistics & Distribution, Medical Devices & Hospital Services, Real Estate & Construction, and Healthcare & Wellness. Their investment specialties encompass a range of financing stages from Seed and Angel to Series A through Series F. True North operates with a commitment to nurture businesses that are universally admired and socially responsible, delivering industry-leading returns for all stakeholders while fostering a values-driven culture. They provide equity capital as a thought partner, and offer private credit solutions ranging from performing credit to special situations and distressed debt. They have a solid track record of transforming companies, such as their investment in ACT which saw revenues increase more than 50x in 12 years, expanding services across India. The firm's strategic focus includes fostering a values-driven culture, ensuring sustainability and responsibility, and championing ESG initiatives. True North also boasts a dedicated Private Credit segment providing customised credit solutions and plans to expand its credit business. With an ESG Report showcasing progress on climate action and responsible investing, True North asserts its role in promoting environmental, social, and governance practices alongside business growth.