Infra.Market to acquire a majority stake in RDC Concrete from True North.

Infra.Market, a technology startup, agreed to acquire a majority stake in RDC Concrete, the largest non-cement readymix concrete company in India, from True North, a private equity firm. Financial terms were not disclosed. "RDC is a great example of True North's ‘Buy and Build’ philosophy. We partnered with a high-quality management team and together built one of the most admired and largest independent RMC (ready mix concrete) companies in India. RDC, through its customer-focused approach, has consistently given industry-leading operational and financial performance," Ashish Bhargava, True North Partner.