True North Fund announces a partial exit from PolicyBazaar
True North sold a part of its holding in PolicyBazaar to five independent buyers – Ashoka India Equity Investment Trust Plc, Triumph Global Holdings Pte Limited, Serum Institute of India Private Limited, IIFL Special Opportunities Fund Series 8, and India Acorn Fund Limited on Friday.
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sold a part of its holding in PolicyBazaar to five independent buyers –
Ashoka India Equity Investment Trust Plc, Triumph Global Holdings Pte Limited, Serum Institute of India Private Limited, IIFL Special Opportunities Fund Series 8, and India Acorn Fund Limited.
In October 2020,
True North had conducted the first tranche of its stake sale in the company. It continues to be invested in the company for its next phase of growth.