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 . . .
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