True North (earlier India Value Fund Advisors) is the 100% equity shareholder of NBHC.
True North traces its origins back to 1999, when it was originally named India Value Fund. The company was founded with a view towards investing in mid-sized, profitable, India-centric businesses, and then transforming them into world-class industry leaders, built upon the foundation of strong values.
Deep knowledge and understanding of Indian markets has led True North to successfully launch five independent investment funds, with a combined corpus of ~US$ 2 billion. These funds have been raised from over 35 high quality international institutions with a combined investable capital base of over US$ 1 trillion. Currently, True North is investing out of Fund V, which has a corpus of US$ 700 million.
Over the last two decades, True North has invested ~US$ 1.5 billion across 30+ businesses. It has successfully transformed many of these companies into large businesses that are valuable, enduring, and socially responsible, creating immense value for all stakeholders.
True North (earlier India Value Fund Advisors) acquired NBHC in 2014 with the goal of partnering with Mr. Anil Choudhary, Former Founder & CEO of NBHC, and his team to tap the potential of an underserved and rapidly growing collateral management market. The larger vision is to build NBHC into a global player in agri-services and allied industry and in the process, create a positive impact on the economically-critical agri-industry of India.