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True North

Private Equity

Formerly India Value Fund Advisors, True North is India's most prolific PE firm by portfolio count with 77 active companies and an India-only mandate.

Mumbai, India · 2+ investments · 2 portfolio companies

Growth
Late Stage
Digital Health
Fintech
Headquarters
Mumbai, India
Founded
1999
Website
truenorth.in
AUM
$4.0B
Portfolio Companies
2
Total Investments
2
Last Investment
May 2025
Geographic Focus
India

Investment Thesis

Mid-market PE and private credit across BFSI, consumer, and healthcare with 25-year India-only track record and 77 active portfolio companies.

True North is a Private Equity firm based in Mumbai, India. It has made 2 investments in Digital Health and Fintech, including Vistaar Financial Services and Zumutor.

Portfolio2

Co-investors16

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16 co-investors across 16 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×14 · Corporate VC ×1 · Family Office ×1 · 5 shared rounds

Investment History

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