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  2. TruKKer secures SAR 55 mn private credit facility from Ruya Partners

TruKKer secures SAR 55 mn private credit facility from Ruya Partners

NOHA.GAD
Jul 6, 2025
TruKKer secured SAR 55 million private credit facility from Ruya Partners to solidify its regional expansion

Riyadh - Sharikat Mubasher: TruKKer Holding Limited, a leading digital freight and logistics platform based in Riyadh, successfully closed a SAR 55 million private credit investment from Ruya Partners, a renowned private credit investment company in the GCC.

A recent statement revealed that TruKKer will utilize the new investment to solidify its regional expansion, enhance technology capabilities, and reinforce its position as the primary freight-tech platform in MENA.

This transaction marks the sixth investment from Ruya Private Capital I, the flagship private credit fund of Ruya Partners.

Gaurav Biswas, Founder and CEO of TruKKer, stated that the partnership with Ruya Partners deepens the platform’s institutional investor base and reflects continued confidence in the strength of its business fundamentals and financial profile. “As we expand our footprint and product offering, this investment enhances our capital structure and supports our broader mission to digitize and optimize freight and supply chain operations across multiple logistics verticals,” he added.

Biswas further emphasized TruKKer’s mission to solve the complex and simple challenges of the logistics sector region.

For his part, Rashid Siddiqi, Partner and Co-CIO at Ruya Partners, commented: “Our investment reflects Ruya’s commitment to backing high-quality businesses with long-term relevance, particularly those like TruKKer that align with national transformation priorities of Saudi Arabia and the UAE.”

Founded in 2016, TruKKer operates a real-time, technology-enabled freight marketplace that connects over 60,000 transporters with more than 1,200 enterprise clients across nine countries. Its platform streamlines and digitizes road freight operations, offering intelligent dispatching, scheduling, and capacity optimization at scale. 

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digital freight
logistics
investment
private credit facility
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