NDA, Sahai & Co. lead on UrbanClap’s 22 crore capital raiseApril 25 2017
Home services marketplace UrbanClap has raised ₹20 crore in debt funding from venture debt firm Trifecta Capital through non-convertible debentures.
The startup also allotted equity through some compulsory convertible preference shares to Trifecta for ₹2 crore.
UrbanClap raises debt funding
₹20 crore + ₹2 crore
(Venture) debt/ equity
UrbanClap - Sahai & Co.; Trifecta Capital - Nishith Desai and Associates
Sahai . . .
You need to have an active subscription to view this content.
With a premium account you get:
- One year of unrestrcited access to previous interviews, columns and articles
- One year access to all archival material
- Access to all Bar & Bench reports