Trucap Finance buys out retail MSME book of EZ Capital, gets Rs 105 cr funding from Zeal Global
Rakesh Sethi, chairman of Trucap, said the current funding round once completed will enhance the company's equity base to around Rs 325 crore.
City-based Trucap has around 450 people and runs 68 branches and is primarily into low ticket (Rs 1.2 lakh) MSME funding and gold loans.