TruCap Finance has raised Rs 40 crore through the allotment of 4,000 Secured, Rated, Listed, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 1,00,000 each on a private placement basis to the eligible investor. The Finance Committee constituted by the Board of Directors of the company at their meeting held on January 24, 2024 have inter-alia, considered and approved the same.
TruCap Finance (formerly known as Dhanvarsha Finvest) is a listed, non-deposit taking RBI Registered NBFC. It is a specialized MSME lender solving the gap in providing access to affordable credit solutions to entrepreneurs.
