PE-VC Fund Investments
Digital textile printer True Colors raises Rs.13.5 Cr from Niveshaay, Finavenue
Surat-based digital textile printing company True Colors has raised INR 13.5 crore from Niveshaay Hedgehogs Fund and Finavenue Capital Trust - Finavenue Growth Fund.The fresh funds will be used by the company to expand its operations in core areas of business, enhancing production capacity.Founded in 2011 Satish Panchani, True Colors manufactures and distributes printers, inks, and related supplies, while also offering digital printing services.
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