Mumbai-based online marketplace for pre-owned cars Truebil has raised a fresh investment of Rs 100 core ($14 million at current exchange rates) in a mix of equity and debt, a company statement said.

— VCCircle

Samvad Partners advised Paix Technology Private Limited (Truebil) led by a team of partner Neela Badami; senior associate Anisha Shroff; and associate Sharanya Kundu.

Singapore-based One Asia Legal represented investor Jo Hirao, who founded Tokyo-based ZIGExN, who was involved in reviewing transaction documents for the equity investment.

2019-02-20

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