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TruCap Finance Limited 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 non-convertible debentures from Zeal Global Opportunities Fund.
Furniture rental company Furlenco gets $140 million © Provided by The Times of India BENGALURU: Online furniture rental company Furlenco has raised $140 million (Rs 1,000 crore) in Series D funding, its largest till date, led by Mauritius-based Zinnia Global Fund. Other existing investors like CE Ventures and Lightbox Ventures also participated. The funding is split between debt, Rs 850 crore, and equity, Rs 150 crore, and will be used to expand into tier I and II cities like Jaipur, Ahmedabad and Mysuru. The company, which counts RentoMojo among its competitors, is present in 10 other citi...