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..DealUrbanClap raises debt fundingValue₹20 crore + ₹2 croreDeal Type(Venture) debt/ equitySectorE-commerceLaw FirmsUrbanClap – Sahai & Co.; Trifecta Capital – Nishith Desai and AssociatesPartners/Heads Sahai & Co.- Savyasachi K. Sahai; NDA – Karan Kalra.UrbanClap was represented by Delhi office of Sahai & Co. by Savyasachi K. Sahai.Nishith Desai Associates advised Trifecta Capital with a team led by Partner Karan Kalra and Associate Rishabh Sharma.
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..DealUrbanClap raises debt fundingValue₹20 crore + ₹2 croreDeal Type(Venture) debt/ equitySectorE-commerceLaw FirmsUrbanClap – Sahai & Co.; Trifecta Capital – Nishith Desai and AssociatesPartners/Heads Sahai & Co.- Savyasachi K. Sahai; NDA – Karan Kalra.UrbanClap was represented by Delhi office of Sahai & Co. by Savyasachi K. Sahai.Nishith Desai Associates advised Trifecta Capital with a team led by Partner Karan Kalra and Associate Rishabh Sharma.
