RIYADH: Bahrain-based asset manager Investcorp has backed Middle Eastern logistics startup TruKKer by leading the pre-initial public offering round to raise $100 million.
Investcorp led the funding round by investing $51 million, alongside new and existing investors who cumulatively invested $49 million, according to a press release.
Trukker is considering a listing on several exchanges over the next two to three years including Saudi Arabia’s Tadawul, a Bloomberg report revealed.
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