Tag: Zeal Global Opportunities Fund

TruCap Finance raises Rs 105cr from Zeal Global Opportunities Fund

TruCap Finance Limited (TruCap) has announced a binding agreement to raise up to Rs. 105 Cr (nearly US$13.1 million) in a combination of equity shares, convertible warrants, and nonconvertible debentures from Zeal Global Opportunities Fund. The fund raise would comprise of Rs. 80 Cr of equity and convertible warrants, while up to Rs. 25 Cr.…