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Milestones

May, 2017
Card #1
Started as a concept/idea, under the aegis of Wilson Holdings, to provide access to capital to MSMEs
May, 2017
Jun, 2017
Card #2
Wilson Holdings offered to acquire substantial interest in TruCap Finance Limited formerly known as Dhanvarsha Finvest Limited
Jun, 2017

Jun, 2018
Card #1
RBI approval for change in management and shareholding of Dhanvarsha Finvest Limited
Jun, 2018
Jul, 2018
Card #2
Approval for open offer; overhaul of Board and Leadership team. Capital infusion of INR 12.5 Cr by Wilson Holdings
Jul, 2018
Aug, 2018
Card #3
MSME Business Loan Product launched
Aug, 2018
Nov, 2018
Card #4
Issuance of Warrants to Wilson Holdings against receipt of 25% subscription amount of INR 1.25 Cr
Nov, 2018
Feb, 2019
Card #5
Wilson Holdings categorized as Promoter of Dhanvarsha Finvest Limited
Feb, 2019

Dec, 2019
Card #1
Registered Office of the Company shifted from Ahmedabad, Gujarat to Mumbai, Maharashtra
Dec, 2019
Jan, 2020
Card #2
First Term Loan of INR 4 Cr from Housing Development Finance Corporation Limited, India’s largest housing finance company
Jan, 2020
Mar, 2020
Card #3
Reached : Loan Book of 37.7Cr , Networth 28 Cr, 403 Customers, 2 Branches, 1 Lender
Mar, 2020

Apr, 2020
Card #1
Second Term Loan of INR 25 Cr from Bank of India. Allotment of Equity Shares against conversion of Warrants against receipt of the balance 75% subscription amount of INR 3.75 Cr
Apr, 2020
May, 2020
Card #2
Launch of Prefered Sourcing Partner Vertical to drive business growth
May, 2020
Aug, 2020
Card #3
MSME Gold Lending vertical launched through a branch led model
Aug, 2020
Aug, 2020
Card #4
First Gold Loan branch opened in Maharashtra
Aug, 2020
Nov, 2020
Card #5
Onboarded State Bank of India (SBI) as the third lender. Between Jan’21 to Mar’21, six new lenders were added
Nov, 2020
Mar, 2021
Card #6
Reached : Loan Book of 105 Cr , Disbursement of 86.7 Cr & 5,935 Customers, 175 Employees
Mar, 2021

Apr, 2021
Card #1
Aviator Emerging Market Fund leads equity infusion of INR 65.8 Apr 2021 Apr 2021 Cr in the company
Apr, 2021
May, 2021
Card #2
First Gold Loan branch opened in Goa
May, 2021
May, 2021
Card #3
Digitization of the Collection May, 2021 vertical
May, 2021
Jun, 2021
Card #4
First Gold Loan branch opened in Delhi-NCR
Jun, 2021
Aug, 2021
Card #5
First Lending as a service (L-a-a-S) relationship/ Co Lending started with Central Bank of India
Aug, 2021
Dec, 2021
Card #6
Proprietary loan origination App DhanSetu launched in production
Dec, 2021
Mar, 2022
Card #7
Reached : Loan Book of 306 Cr , Disbursement of 431 Cr & 33,430 Customers, 321 Employees
Mar, 2022

May, 2022
Card #1
Follow on Offering from Aviator Emerging Market Fund
May, 2022
Aug, 2022
Card #2
Dhanvarsha Finvest Limited officially renamed to TruCap Finance Limited (TruCap)
Aug, 2022
Sept, 2022
Card #3
TruCap surpasses 1,00,000 loans disbursed cummulatively
Sept, 2022
Nov, 2020
Card #4
TruCap builds its Loan Book (AUM) worth in excess of INR 500 Cr. First Gold Loan branch opened in Gujarat
Nov, 2020
Feb, 2023
Card #5
Lending as a service (L-a-a-S) relationship/ Co Lending started with DCB Bank
Feb, 2023
Mar, 2023
Card #6
Reached : Loan Book of 581 Cr , Disbursement of 1,006.3 Cr & 64,824 Customers, 473 Employees
Mar, 2023

May, 2023
Card #1
First Gold Loan branch opened in Rajasthan
May, 2023
Jun, 2023
Card #2
Reached milestone of 100 Gold Loan branches acrossed India
Jun, 2023
Jul, 2023
Card #3
TruCap surpasses 2,00,000 loans disbursed cummulatively
Jul, 2023
Jul, 2023
Card #4
Lending as a service (L-a-a-S) relationship/ Co Lending started with HDFC Bank
Jul, 2023
Nov, 2023
Card #5
TruCap MSME Gold Loan vertical builds its Loan Book worth in excess of INR 500 Cr
Nov, 2023
Dec, 2023
Card #6
Fundraise announcement subject to necessary stakeholder and regulatory approvals
Dec, 2023
Mar, 2024
Card #7
TruCap’s Loan Book crosses INR 1000CR
Mar, 2024