True North

Formerly known as India Value Fund Advisors Private Limited. Over the last decade and a half True North has invested in over 35 mid-sized profitable businesses, inclusive of 13 from which it has subsequently exited, and guided their transformation into world-class industry leaders that are sustainable, respected and admired by peers and society at large. Each of them is characterized by deep-rooted organizational cultures that encourage and nurture excellence in all aspects of business.
AA

Anshul Agarwal

VP

AB

Ashish Bhargava

Partner

SC

Satish Chander

Partner

Haresh Chawla

Partner

RC

Rubin Chheda

MD, Private Credit

Siddharth Dhondiyal

MD

SD

Srikrishna Dwaram

Partner

GJ

Gagan Joshi

Director, Private Equity

PK

Pramod Kabra

Partner

Peter C. Keenoy

International Partner

PN

Paras Nayyar

Chief Financial and Investor Relations Officer

VN

Vishal Nevatia

Managing Partner

DS

Divya Sehgal

Partner

PS

Priyank Shrivastava

Manager, Finance and Investor Relations

KS

Kapil Singhal

Managing Partner, Credit

56 past transactions

Max Bupa Health Insurance Company Limited provides health insurance products and services to individuals and businesses in India. The company’s products include heartbeat health insurance plan to families and individuals; international medical emergency policy for emergency medical treatment; and health companion health insurance plan to protect against sudden medical expenses and medical treatment. It also provides health care related services. The company was formerly known as Max Bupa Health Insurance Limited. Max Bupa Health Insurance Company Limited was founded in 2008 and is based in New Delhi, India. Max Bupa Health Insurance Company Limited operates as a subsidiary of Fettle Tone LLP.

KIMS Hospitals

Private Equity Round in 2019
KIMS Hospitals operates as a multi-disciplinary integrated private healthcare services provider in southern India, operating a chain of multispecialty hospitals with focus on tertiary and quaternary healthcare. The company offers healthcare services across specialties and super specialties through their network of six hospitals under the “KIMS Hospitals” brand. Their flagship hospital at Secunderabad, is one of the largest private hospitals in India at a single location (excluding medical colleges), with a capacity of 1,000 beds. Spread across six cities in the states of Andhra Pradesh and Telangana, their hospitals provided services to over 638,529 patients (including inpatients and outpatients) in fiscal year 2017.

Quest Digital Pte. Ltd.

Private Equity Round in 2021
QuEST Global Services is a provider of outsourced engineering services with over 2000 employees and operations across USA, Europe, and Asia. Founded in 1997, QuEST has been a trusted partner providing comprehensive support across the complete engineering lifecycle to help their customers improve efficiency, increase quality, create new products, and open new markets.

Robo Silicon

Private Equity Round in 2007
Robo Silicon Limited manufactures construction aggregates and sand to the infrastructure industry. This includes residential and commercial construction, roads, ports, dams, and airports.

Meru Cabs

Venture Round in 2007
Meru Cabs was one of the first companies to launch metered "Radio cabs" in India under its brand "Meru." First launched in Mumbai in April 2007, Meru Cabs has grown exponentially terms of fleet size and geographical presence. Customers benefit from a relaxed commute in a well equipped, air-conditioned cab, which is readily available 24/7. An e-bill receipt at the end of the ride assures the customer of tamper proof billing. Headquartered in Mumbai, Meru Cab provides a radio taxi service in the five key cities of India - Mumbai, Delhi, Hyderabad, Bengaluru and Jaipur. Meru Cabs delivers a reliable taxi service by concentrating on each touch point with its customers and devising systems, processes or technologies that will deliver a reliable interface. Meru Cabs uses GPS/GPRS enabled technology in all of the cabs to ensure complete passenger safety. The name "Meru" is derived from the symbolic mountain of the gods, an icon of unshakeable reliability and character - a core value which lies at the heart of Meru's promise to its customers.

Trinethra

Acquisition in 2004
To be the foremost Retail Brand which makes India healthy and happy, with an obsession to provide wholesome and freshest foods. Passionately deliver convenient, competitive and meaningful solutions to the evolving regular needs of the Indian consumer in a sustainable and responsible manner.

Policybazaar

Secondary Market in 2021
Policybazaar Insurance Brokers Private Limited develops a software which offers insurance services. The company’s services include life insurance, health insurance, car insurance, two wheeler insurance, and other insurance including general insurance, travel insurance, and home insurance. The company, formerly known as Policybazaar Insurance Web Aggregator Private Limited, was founded in 2014 and is based in Gurugram, India.
Glenmark was founded with a vision to emerge as a leading integrated research-based, global pharmaceutical company. Over the decades, we have established ourselves as a leading player in the discovery of new molecules both NCEs (New Chemical Entity) and NBEs (New Biological Entity). They have several molecules in various stages of pre-clinical and clinical development and are primarily focused in the areas of Oncology, Respiratory and Dermatology.

Aster DM Healthcare

Venture Round in 2014
Aster is the new name spearheading a vital vertical of DM Healthcare. It is a corollary of expansion integrating the current brands of clinics, polyclinics, pharmacies and diagnostic centres at 95 locations under one name. Aster interfaces with existing and new customers through Aster Hospital, Aster Medical Centre, Aster Pharmacy and Aster Diagnostic Centre.

Kerala Institute of Medical Sciences (KIMS)

Private Equity Round in 2017
Kerala Institute of Medical Sciences is a multi-specialty tertiary care hospital where a team of specialists and sophisticated technology come together to provide high-quality medical aid. The company is committed to reach out to the community and beyond, to make quality healthcare affordable and accessible. It defines every aspect of clinical care, research, and education. Kerala Institute of Medical Sciences invests in the area of quality and safe patient care. The Group also has educational institutions that offer specialized courses for nurses and post-graduate programmes for doctors. It offers 20 DNB (Diplomate of National Board) programmes and Fellowship and International Courses in various specialties and super specialties. It also has College of Nursing, Institute of Skill Development and Paramedical Institute. Kerala Institute of Medical Sciences was founded on 2002 and is headquartered in Thiruvananthapuram, India.
Centurion Bank of Punjab is one of the leading new generation private sector banks in India. The bank serves individual consumers, small and medium businesses and large corporations with a full range of financial products and services for investing, lending and advice on financial planning. The bank offers its customers an array of wealth management products such as mutual funds, life and general insurance and has established a leadership 'position'. The bank is also a strong player in foreign exchange services, personal loans, mortgages and agricultural loans. Additionally the bank offers a full suite of NRI banking products to overseas Indians.

RDC Concrete (India) Pvt. Ltd.

Acquisition in 2005
RDC Concrete (India) Pvt. Ltd. manufactures and supplies ready mixed concrete. It offers high performance, self compacting, fiber reinforced, colored, and heavy density concrete; and transport and pumping concrete. The company serves construction companies, real estate developers, contractors, and individuals. RDC Concrete (India) Pvt. Ltd. was founded in 1993 and is based in Mumbai, India.

Mahindra CIE Automotive Limited

Private Equity Round in 2019
Mahindra CIE Automotive Limited is a manufacturer and supplier of an automotive components. It offers engine gears, timing gears, transmission gears, transmission drive shafts, and crown wheel pinions.

Policybazaar

Secondary Market in 2020
Policybazaar Insurance Brokers Private Limited develops a software which offers insurance services. The company’s services include life insurance, health insurance, car insurance, two wheeler insurance, and other insurance including general insurance, travel insurance, and home insurance. The company, formerly known as Policybazaar Insurance Web Aggregator Private Limited, was founded in 2014 and is based in Gurugram, India.

Accion Labs US, Inc.

Secondary Market in 2022
Accion Labs US, Inc. provides information technology (IT) consulting services to start-up and early stage, growth stage, and matured technology firms worldwide. It offers services in the areas of web and mobile application development, cloud computing, product engineering and development, big data consulting and implementation, business intelligence and analytics, open source, QA and automation, machine learning and artificial intelligence, ERP staffing, and IT service management. The company serves software product firms, e-SaaS firms, e-commerce organizations, and e-business organizations. It has a strategic partnership with TORI Global. Accion Labs US, Inc. was formerly known as Agilesys Solutions, Inc. The company was founded in 2011 and is headquartered in Bridgeville, Pennsylvania. It has additional offices in Santa Clara and Sunnyvale, California; Pittsburgh, Pennsylvania; Maryland; Detroit, Michigan; Austin, Texas; London, United Kingdom; Singapore; Kuala Lumpur, Malaysia; Australia; Canada; and Bangalore, Mumbai, Hyderabad, Pune, and Goa, India.

DQ Entertainment

Acquisition in 2004
DQ Entertainment, a global entertainment group, listed on the AIM market of LSE in London and BSE in India, is in the business of animation, gaming, live action content production as well as licensing and distribution. DQ is associated with major Intellectual Properties such as The Jungle Book, Peter Pan, Charlie Chaplin, Iron Man, Casper, Little Prince, Lassie and many more in partnership with international and national broadcasters, distributors, licensees and large independent producers, especially in Europe & the USA.

NeST Group

Venture Round in 2006
NeST Group designs, prototypes, manufactures, launches, and ships development tools. It specializes in systems design, custom software development, firmware, and driver development. The company offers embedded and real time software for various domains, including multimedia, automotive, networking, telecom, and wireless. NeST Group was founded in 1991 and is based in Cochin, India.
TTK Healthcare is committed to providing customers with innovative "value for money" products and solutions for improving their quality of life. The Company's brand wagon consists of products that are sought after by a wide range of customers. The Woodward's Gripe Water brand is the market leader in the baby care category. The Eva range of personal care products (Talc, Deodorant, Skincare) bring together the gentle touch of nature, backed by TTK's extensive research.

Epicenter Technology

Private Equity Round in 2002
Epicenter is a leading provider of Business Process Management Solution’s, founded in the year 2000 and began its operations in 2001. Epicenter is a joint endeavor of B. N. Kalyani - Chairman of the $ 3 Billion Kalyani Group, a leading industrial house in India, Ken Eldred - Co-founder of $ 35 Billion Ariba Technologies and Pravin Gandhi (Infinity Ventures) - Co-founder of the Hinditron group of companies which merged with Digital in 1988.

SeedWorks India Pvt. Ltd.

Private Equity Round in 2016
SeedWorks India Pvt. Ltd. engages in the breeding, production, and marketing of hybrid seeds. Its products include hybrid seeds of tomato, hot and sweet pepper, okra, bitter gourd, bottle gourd, ridge gourd, cucumber, sponge gourd, cauliflower, watermelon, egg plants, carrot, squash, sweet corn, cotton, hybrid rice, pearl millet, and maize. The company markets its products to farmers through a network of distributors and dealers in India and internationally. SeedWorks India Pvt. Ltd. was incorporated in 1998 and is based in Hyderabad, India.
Zydus Wellness combines the healthcare, nutrition and cosmeceuticals to bring to you an array of the best wellness products to enrich life.

Cloudnine Hospitals

Series C in 2015
Cloudnine was set up in 2007 by the renowned neonatologist Dr. R. Kishore Kumar along with his co-founders, in partnership with investing partners Matrix Partners India, Sequoia India, Truenorth Advisors, Cloudnine is India’s premier destination for comprehensive maternal, gynaecological, neonatal and paediatric care. The organization’s vision is to effectively bridge the gap between Indian and international standards through a combination of clinical excellence, comprehensive care and an atmosphere of well-being, to ensure world-class standards in woman and child healthcare. Cloudnine has pioneered and transformed society’s perception from ‘Pregnancy Is Illness’ to ‘Pregnancy Is Wellness and a Celebration of Life’. This philosophy has now transcended into every aspect of care across maternity, gynecology, fertility, neonatology and pediatrics services provided at Cloudnine. Cloudnine has expanded its reach to over 20 facilities across India in the cities of Bengaluru, Chennai, Gurgaon, Mumbai, Pune, Chandigarh and is in the process of setting up its world-class facilities across several other cities in India. Cloudnine group of hospitals have continued to maintain and excel international standards of care and is growing strong with the group's vision to reach every woman and child across India.

SFO Technologies Pvt. Ltd.

Venture Round in 2006
SFO Technologies Pvt. Ltd. offers electronic manufacturing services. It offers manufacturing services in the areas of digital electronics, RF/microwave assemblies, wire harnesses, fiber optics and optronics assemblies, power supplies and magnetic solutions, sheet metal/plastic enclosures, and high level product assemblies; and proto type, pilot production, and reliability and compliance testing services. The company also provides new product introduction services, such as DFM/DFT, component engineering, test engineering, test software development and test jig fabrication, process development, process documentation, production line set up and qualification, FMEA, proto part approval process, product qualification and manufacturing release, engineering change management, and obsolescence management. In addition, it offers software development services for various industry segments, which include embedded system development, industrial and process automation, aviation software, automotive software, enterprise solutions, insurance software integration, consumer electronics, medical instrumentation, broadband network management solutions, multimedia and networking, and security solutions; and post-sale support solutions. The company serves healthcare, communication and telecom, industrial, transportation, aerospace and defense, and energy sectors. The company was founded in 1990 and is based in Kochi, India with hardware and software facilities in Trivandrum, Cochin, Bengaluru, and Mysore, India; and the United States. SFO Technologies Pvt. Ltd. operates as a subsidiary of NeST Group.

Trivitron Healthcare

Venture Round in 2013
Trivitron is a global Medical Technology company of Indian Origin focused on Manufacturing, Innovation, Distribution and after sales support, thus matching all the healthcare requirements across the globe. Trivitron, through its innovations and collaborative initiatives, makes healthcare accessible and affordable to the developed and emerging markets.

UEM Group

Private Equity Round in 2009
The roots of the UEM Group, which is a leading international multi-disciplined environmental services company specialized in water and wastewater treatment for industries and municipalities, dates back to 1973 when its head Krishan Kshetry launched a company with a similar name in Florida, USA. UEM India took shape when Kshetry closed his US operations and relocated to India in 1984. The company provides turnkey design, engineering, and construction services in its field.

Fincare Business Services Private Limited

Private Equity Round in 2017
Fincare Business Services Private Limited is a Core Investment Company managing a clutch of businesses operating in base of pyramid financial services sector in India, with assets of over Rs.1800 Cr as on Dec’16. The company has equity investment from Truenorth, a premier private equity fund in India along with the Indian promoters. Fincare was formed in Sep-2014, to consolidate the base of pyramid financial services and distribution (BOP-FSD) platform under one umbrella.

Manipal Hospitals

Private Equity Round in 2012
Manipal Hospitals is part of the Manipal Education and Medical Group (MEMG), which pioneers in the field of education and healthcare delivery. Manipal Hospitals has a special significance in the overall healthcare industry of India and particularly in South India. A social seed sown more than five decades ago is today the country's third largest healthcare group with a network of 15 hospitals and three primary clinics providing comprehensive care that is both curative and preventive in nature for a wide variety of patients not just from India but also from across the globe.

National Bulk Handling

Private Equity Round in 2014
NBHC is India's leading provider of integrated commodity and collateral management services, recognized for its World-Class Solutions, trusted Risk Management practices, high levels of Governance processes and best-in-industry practices for Procurement, Handling, Storage and upkeep of collateral and agri-commodities across all prominent business and trade centres in India. NBHC has a proven track record of successfully managing assets worth Rs 87,600+ crores for 54 banks as well as widest pan-India warehousing presence with more than 2000+ warehouses across 23 states - adding up to total of 34.70 million metric tonnes agri commodities under management. It has 44+ functional QA labs and 200 + mobile labs for quality testing of around 170 agri-commodities, as well as pest management services across 15 states

CARE Hospitals Group

Private Equity Round in 2001
CARE Hospitals Group is a specialist healthcare provider.

Akshayini Oorja Private Ltd

Venture Round in 2010
Akshayini Oorja Private Limited develops and manages small and medium hydro power projects.

Home First Finance Company

Acquisition in 2017
Home First Finance Company (HFFC) is a dedicated Housing Finance Company. HFFC is focused on providing housing loans to buyers of affordable housing priced between Rs. 5 lakhs and Rs. 30 lakhs. These customers are unable to avail loans from existing Banks and HFCs due to various factors First time buyers of affordable homes, are likely to have a number of queries regarding various aspects of the home purchase process including obtaining a loan, eligibility, documentation, repayment and so on. Some consumers may have questions about ownership, registration and others that are not directly related to financing. We address these apprehensions and handhold such consumers, as they make their journey towards owning their home.

Shree Digvijay Cement Co. Ltd.

Acquisition in 2018
Shree Digvijay Cement Co. Ltd. manufactures oil well cement and sulphate resisting portland cement. Shree Digvijay Cement products comprise ordinary Portland cement, sulphate resisting Portland cement, oil well cement, and Portland Pozzolana cement.

China Rapid Finance

Post in 2019
China Rapid Finance is an online consumer lending marketplace serving online users and China’s emerging middle class. The Company provides consumer credit access to the world’s largest untapped market, expected to grow to more than RMB 5.4 trillion (US $870 billion) by 2020. Its technology enables socially inclusive financing to the most creditworthy individuals, serving a potential 500 million consumers who are economically active but never have had access to bank credit. China Rapid Finance is a recognized technology innovator and has transformed China’s consumer credit landscape with its introduction of the most advanced omni-channel borrower acquisition system and proprietary Big Data analytics technology platform featuring an end-to-end automated credit decisioning system. It has a proven track record in credit risk management, transparency and a culture focused on innovation with more than 5,000 employees and 80 data verification centers across China. China Rapid Finance was founded in 2001 by Mr. Zane Wang, PhD, one of China’s leading experts in consumer credit market innovation and lending marketplace technology. Prior to founding China Rapid Finance, Dr. Wang received his PhD in Statistics from the University of Illinois at Chicago and started his career in the United States, serving as Head of Analytics for Sears Credit – the world’s largest retail credit card portfolio, subsequently acquired by Citibank. Upon returning to China, Dr. Wang advised the People’s Bank of China on the creation of China’s national credit bureau and the first functioning credit bureau in Shanghai before launching China Rapid Finance. Dr. Wang also is the only Council Committee member of the China Association of Microfinance from the marketplace lending industry, and the Secretary of the Shanghai Financial Information Professional Committee, a branch of the Shanghai government trade association.

Magma Fincorp

Post in 2015
Magma Fincorp Limited (formerly Magma Leasing Limited) was incorporated in 1988 and commenced operations in 1989. To strengthen its business, the company merged with Arm Group Enterprises in 1992. Magma has emerged one of India's largest financial services companies during the past five years.

Fincare Business Services Private Limited

Private Equity Round in 2018
Fincare Business Services Private Limited is a Core Investment Company managing a clutch of businesses operating in base of pyramid financial services sector in India, with assets of over Rs.1800 Cr as on Dec’16. The company has equity investment from Truenorth, a premier private equity fund in India along with the Indian promoters. Fincare was formed in Sep-2014, to consolidate the base of pyramid financial services and distribution (BOP-FSD) platform under one umbrella.

SeedWorks India Pvt. Ltd.

Acquisition in 2016
SeedWorks India Pvt. Ltd. engages in the breeding, production, and marketing of hybrid seeds. Its products include hybrid seeds of tomato, hot and sweet pepper, okra, bitter gourd, bottle gourd, ridge gourd, cucumber, sponge gourd, cauliflower, watermelon, egg plants, carrot, squash, sweet corn, cotton, hybrid rice, pearl millet, and maize. The company markets its products to farmers through a network of distributors and dealers in India and internationally. SeedWorks India Pvt. Ltd. was incorporated in 1998 and is based in Hyderabad, India.

VKL Spices

Venture Round in 2013
VKL manufactures seasonings, and supplies a large number of restaurant chains in India.

Biocon

Private Equity Round in 2020
Biocon Biologics is a fully-integrated pure-play biosimilars organization globally engaged in developing high-quality, affordable biosimilars aimed at expanding patient access to cutting-edge therapies. It develops and commercializes a differentiated portfolio of novel biologics, biosimilars, and complex small molecule APIs in India and several key global markets, as well as, generic formulations in the U.S. and Europe. The company is driven by a belief that the pharmaceutical industry has a humanitarian responsibility to provide essential drugs to patients who are in need and to do so with the power of innovation.

Syngene

Private Equity Round in 2014
Syngene is India’s largest Contract Research Organization offering a suite of integrated, end-to-end discovery and development services for novel molecular entities across small molecules, large molecules, antibody-drug conjugates and oligonucleotides. We cater to various industrial sectors including pharmaceutical, biotechnology, agrochemicals, consumer health, animal health, cosmetic and nutrition companies.

Integrace

Private Equity Round in 2019
A therapy focused healthcare company providing novel solutions in the management of Musculoskeletal Disorders & Pain Management. With its focused therapy approach- the portfolio built to address Bone & joint disorders. Integrace debuted at 88th rank as per IQVIA and is the youngest Top 100 pharma companies with 3 brands ranked No1 in its respective therapy areas.

BORN Group Ltd.

Private Equity Round in 2019
BORN is an award winning global agency that focuses on enterprise, commerce, and experience design, with over 500 digital transformations under its belt in over twenty end markets that cover B2B and B2C segments. It is also the largest independent agency in the customer and brand experience space with offices and operations in eight countries. The company combines ten specialisms to produce high performing digital assets – creative design, content production, commerce enablement, cloud deployments, integrations, consulting, conversion rate optimization, digital marketing, analytics and multi-channel cohesion. Its present and past clients include Razer, Glanbia, Lindt, Starbucks, Purina, Big Bus Tours, AB Inbev, Modells, Ardene, Ferragamo, Tag Heuer, Bulgari, Sothebys, Maxim Semiconductor, HSS Hire, Textron, Medifast, Rodan + Fields, Lennox, PT Astra, Adastria, Tata Cliq, Singer, Lorna Jane, and Jebsen & Jessen.

Meru Cabs

Venture Round in 2015
Meru Cabs was one of the first companies to launch metered "Radio cabs" in India under its brand "Meru." First launched in Mumbai in April 2007, Meru Cabs has grown exponentially terms of fleet size and geographical presence. Customers benefit from a relaxed commute in a well equipped, air-conditioned cab, which is readily available 24/7. An e-bill receipt at the end of the ride assures the customer of tamper proof billing. Headquartered in Mumbai, Meru Cab provides a radio taxi service in the five key cities of India - Mumbai, Delhi, Hyderabad, Bengaluru and Jaipur. Meru Cabs delivers a reliable taxi service by concentrating on each touch point with its customers and devising systems, processes or technologies that will deliver a reliable interface. Meru Cabs uses GPS/GPRS enabled technology in all of the cabs to ensure complete passenger safety. The name "Meru" is derived from the symbolic mountain of the gods, an icon of unshakeable reliability and character - a core value which lies at the heart of Meru's promise to its customers.

Gala

Private Equity Round in 2019
Gala Precision Engineering is a vibrant organization with a young team that follows spirit of entrepreneurial professionalism. Today we serve the global markets with our high end technology solutions in the fields of Surface Engineering, and high performance Springs. Thanks to its well-structured and validated business model, Gala is well positioned to provide its customers with technology-driven, value-added solutions, leveraging a broad products portfolio on the one hand, and enhancing the entire value-chain quality, delivery, and services on the other hand.

Atria Convergence Technologies Limited

Private Equity Round in 2019
ACT (Atria Convergence Technologies Pvt. Ltd.) is a triple play service provider offering an interesting ensemble of information, communication and entertainment through the following state-of-the-art services: -Fibernet -Digital T.V -Analog T.V -IPTV Headquartered in Bangalore, ACT is spread across the towns & cities of Karnataka, Andhra Pradesh & Tamil Nadu. ACT presently has a gratifying 1 million+ subscribers. The founder of ACT, Mr.Sunder Raju is the most respected personality in the Indian Cable Industry with an experience of more than 10 years. The senior management team of ACT consists of experts with experience in varied industries like FMCG, Entertainment, Information & Technology, Telecom etc.

Atria Convergence Technologies Limited

Private Equity Round in 2017
ACT (Atria Convergence Technologies Pvt. Ltd.) is a triple play service provider offering an interesting ensemble of information, communication and entertainment through the following state-of-the-art services: -Fibernet -Digital T.V -Analog T.V -IPTV Headquartered in Bangalore, ACT is spread across the towns & cities of Karnataka, Andhra Pradesh & Tamil Nadu. ACT presently has a gratifying 1 million+ subscribers. The founder of ACT, Mr.Sunder Raju is the most respected personality in the Indian Cable Industry with an experience of more than 10 years. The senior management team of ACT consists of experts with experience in varied industries like FMCG, Entertainment, Information & Technology, Telecom etc.
Innovative B2B Logistics Solutions Private Ltd. operates as a private container cargo train rake operator in Indian Railways Network. It offers transportation, handling, loading, and unloading of commodities; and freight consolidation, multi-modal transportation, distribution, and warehousing services. The company serves steel, marble, food grain, apparel, electronics, automobile, and wheel set trading sectors. It has a strategic alliance with Central Warehousing Corporation. The company was incorporated in 2006 and is based in Gurugram, India with additional offices in New Delhi, Ludhiana, and Kolkata, India. As of August 7, 2019, Innovative B2B Logistics Solutions Private Ltd. operates as a subsidiary of Adani Logistics Limited.

Infinity Fincorp Solutions

Venture Round in 2019
Founded in 2016, Infinity Fincorp Solutions is a non-banking financial corporation offering integrated commodity & collateral management services in India, with prime expertise in handling agricultural products with utmost finesse.The modern entrepreneurs are using cutting-edge inventions that serve as accelerators for businesses and industries today. Such progressive, rapid growth requires a financial partner who can be trusted and collaborated

Aster DM Healthcare

Private Equity Round in 2008
Aster is the new name spearheading a vital vertical of DM Healthcare. It is a corollary of expansion integrating the current brands of clinics, polyclinics, pharmacies and diagnostic centres at 95 locations under one name. Aster interfaces with existing and new customers through Aster Hospital, Aster Medical Centre, Aster Pharmacy and Aster Diagnostic Centre.

Religare Health insurance

Acquisition in 2017
Religare Health Insurance Company Limited, a specialist health insurer, distributes and services health insurance products. It offers insurance products through agents. The company was incorporated in 2007 and is based in Gurugram, India with branches in India. Religare Health Insurance Company Limited operates as a subsidiary of Religare Enterprises Limited.

Atria Convergence Technologies Limited

Private Equity Round in 2008
ACT (Atria Convergence Technologies Pvt. Ltd.) is a triple play service provider offering an interesting ensemble of information, communication and entertainment through the following state-of-the-art services: -Fibernet -Digital T.V -Analog T.V -IPTV Headquartered in Bangalore, ACT is spread across the towns & cities of Karnataka, Andhra Pradesh & Tamil Nadu. ACT presently has a gratifying 1 million+ subscribers. The founder of ACT, Mr.Sunder Raju is the most respected personality in the Indian Cable Industry with an experience of more than 10 years. The senior management team of ACT consists of experts with experience in varied industries like FMCG, Entertainment, Information & Technology, Telecom etc.

DeGustibus

Private Equity Round in 2015
deGustibus Hospitality Pvt. Ltd. operates restaurants in India. Its menu includes soups, sandwiches, salads, main courses, and desserts. The company also operates a café that offers breakfast, coffee and tea, sandwiches, pastas, salads, and desserts. In addition, it provides catering services for weddings, institutions, private parties, or other gatherings. The company was founded in 1996 and is based in Mumbai, India.

Godrej HiCare

Acquisition in 2014
Godrej HiCare has been in pest control for less than five year. Despite its short history the company has build a strong brand in India and has grown to a position as the second largest provider of pest control in the country. The company has a customer base of approximately 7,500 commercial customers and more than 60,000 residential customers.

Ban Labs Ltd.

Acquisition in 2018
Ban Labs (P) Ltd. manufactures Ayurvedic, herbal, and cosmetic products in India. It offers beauty care products, such as facial kits, creams, lotions, scrubs, and face packs; personal care products, including soaps and bars, face wash products, and shower gels; hair care products, which comprise shampoo and conditioners, hair care treatment products, and herbal hair care products; and dietary supplement products. The company also provides home care products, such as liquid detergents and dish wash products. In addition, it offers health care and Ayurveda products for various diseases. The company exports its products worldwide. Ban Labs (P) Ltd. was founded in 1966 and is based in Rajkot, India.