Furlenco raises ₹60 cr debt from Northern Arc, CredAvenue

Furlenco raises ₹60 cr debt from Northern Arc, CredAvenue

Furlenco has raised ₹60 crore in debt funding from Northern Arc Capital and CredAvenue. Furlenco raised debt through two series of non-convertible debentures ₹50 crore by allotting 500 NCDs with issue price of ₹10 lakh each to Northern Arc & ₹10 Cr by allotting 40 NCDS with issue price of ₹25 lakh each to CredAvenue.

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