logo
Ruya Partners Provides USD 15 Million Private Credit Financing to TruKKer to Accelerate Regional Growth

Ruya Partners Provides USD 15 Million Private Credit Financing to TruKKer to Accelerate Regional Growth

Ruya Partners invests USD 15M in TruKKer to accelerate tech-driven freight expansion across MENA and Central Asia.
ABU DHABI, ABU DHABI, UNITED ARAB EMIRATES, July 3, 2025 / EINPresswire.com / -- Ruya Partners, a leading private credit investment firm in the GCC, is pleased to announce the closing of a USD 15 million (SAR 55 Million) private credit investment in TruKKer Holding Limited, the largest digital freight and logistics platform across the Middle East, North Africa, and Central Asia. The transaction marks the sixth investment from Ruya Private Capital I, the firm's flagship private credit fund.
This financing will enable TruKKer to deepen its regional expansion, enhance technology capabilities, and further solidify its position as the region's primary freight-tech platform.
Backing a Regional Freight-Tech Champion:
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 9 countries. Its platform streamlines and digitizes road freight operations, offering intelligent dispatching, scheduling, and capacity optimization at scale. TruKKer has developed proprietary tech solutions that enable thousands of truck owners and managers to connect with the region's leading manufacturers, traders, and contractors along with multiple stakeholders with complex documentation, seamlessly through one network solution.
'TruKKer is a standout example of entrepreneurial innovation reshaping the logistics sector across our region,' said Rashid Siddiqi, Partner and Co-CIO at Ruya Partners. 'The company has pioneered the digital transformation of freight in a traditionally fragmented industry, driving greater efficiency, transparency, and connectivity across regional supply chains. 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.
Partnering for Long-Term Growth:
'We are pleased to welcome Ruya Partners as a long-term strategic investor,' said Gaurav Biswas, Founder and CEO of TruKKer. 'Their participation adds depth to our institutional investor base and reflects continued confidence in the strength of our 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. We are on a mission to solve the complex and simple challenges of this mega sector of logistics in the world's most rapidly transforming region.
'TruKKer represents the type of high-impact, technology-driven business we seek to partner with, one that is transforming traditional industries and driving regional integration. As the sixth investment from our flagship fund and our fifth financing supporting Saudi growth, this commitment reaffirms our conviction in the Kingdom's freight-tech evolution. With this investment, Ruya Private Capital Fund I is now 90% invested, demonstrating strong deployment momentum into resilient, future-forward businesses that align with national transformation agendas.' Added Omar AlYawer, Partner & Chief Capital Formation Officer at Ruya Partners.
About Ruya Partners
Ruya Partners is a leading private credit investment firm based in Abu Dhabi Global Market, providing bespoke financing solutions to private sector companies across developing markets. The firm is partner-owned and specializes in flexible capital for growth, expansion, capital expenditure, balance sheet optimization, and shareholder rationalization.
Ruya Partners is regulated by the Financial Services Regulatory Authority, and its investor base includes sovereign wealth funds, SWF-backed investment entities, public pension funds, and other top-tier institutional investors. Ruya is committed to supporting economic transformation across the GCC, with particular emphasis on Saudi Arabia's Vision 2030 and the UAE's We the UAE 2031 agenda.
For more information, contact
Ruya Partners
Omar AlYawer
Partner & Chief Capital Formation Officer
📞 +971 55 971 6667
📧 [email protected] www.ruyapartners.com
About TruKKer Holding Limited
TruKKer is MENA and Central Asia's largest digital freight network, operating across 9 countries including Saudi Arabia, the UAE, Oman, Bahrain, Jordan, Turkey and Kazakhstan. The company connects over 60,000 transporters with more than 1,200 enterprise clients across sectors such as FMCG, petrochemicals, metals, high volume commodities, construction, and retail.
Its proprietary platform enables real-time freight booking, price discovery, optimization and match making of a large & fragmented capacity, strong KYC of all stakeholders, transaction monitoring, digital contract management & payments, multiparty integrations, significantly improving efficiency and sustainability in the logistics sector. TruKKer is rapidly introducing AI agents at multiple process flows within the logitech and ancillary fintech applications. TruKKer investor base includes GCC regions leading institutions including Investcorp, Mubadala Investment Company, ADQ and STV among others.
For more information, contact
TruKKer
Amit Agarwal
Group CFO
+971 55 852 5847
[email protected]
www.trukker.com
Omar AlYawer
Ruya Partners
+ +971 55 971 6667
email us here
Visit us on social media:
LinkedIn
Legal Disclaimer:
EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Asian Market Gems: Huanxi Media Group And 2 More Penny Stocks To Consider
Asian Market Gems: Huanxi Media Group And 2 More Penny Stocks To Consider

Yahoo

timean hour ago

  • Yahoo

Asian Market Gems: Huanxi Media Group And 2 More Penny Stocks To Consider

As global markets navigate through varied economic conditions, including shifts in inflation and trade dynamics, investors are increasingly exploring diverse opportunities. Penny stocks, often associated with smaller or newer companies, continue to capture interest for their affordability and growth potential despite the term's outdated connotation. This article will explore several Asian penny stocks that stand out due to their financial strength and potential for long-term value. Top 10 Penny Stocks In Asia Name Share Price Market Cap Financial Health Rating Lever Style (SEHK:1346) HK$1.40 HK$883.33M ★★★★★★ Ever Sunshine Services Group (SEHK:1995) HK$2.12 HK$3.66B ★★★★★☆ TK Group (Holdings) (SEHK:2283) HK$2.31 HK$1.92B ★★★★★★ CNMC Goldmine Holdings (Catalist:5TP) SGD0.45 SGD182.38M ★★★★★☆ Goodbaby International Holdings (SEHK:1086) HK$1.15 HK$1.92B ★★★★★★ T.A.C. Consumer (SET:TACC) THB4.60 THB2.76B ★★★★★★ China Sunsine Chemical Holdings (SGX:QES) SGD0.645 SGD614.93M ★★★★★★ Yangzijiang Shipbuilding (Holdings) (SGX:BS6) SGD2.40 SGD9.45B ★★★★★☆ Ekarat Engineering (SET:AKR) THB0.95 THB1.4B ★★★★★★ Beng Kuang Marine (SGX:BEZ) SGD0.24 SGD48.53M ★★★★★★ Click here to see the full list of 974 stocks from our Asian Penny Stocks screener. Underneath we present a selection of stocks filtered out by our screen. Huanxi Media Group Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Huanxi Media Group Limited is an investment holding company involved in media and entertainment operations in the People's Republic of China and Hong Kong, with a market cap of HK$1.65 billion. Operations: The company generates revenue from its investment in film and TV programmes rights, amounting to HK$34.18 million. Market Cap: HK$1.65B Huanxi Media Group, with a market cap of HK$1.65 billion, is currently unprofitable and has less than a year of cash runway based on its free cash flow. Despite generating HK$34.18 million in revenue from film and TV rights, it lacks meaningful revenue streams. The company has reduced losses over the past five years by 4.8% annually and forecasts significant revenue growth at 41.86% per year due to new film releases like "The Stage." Its short-term assets exceed liabilities, but recent insider selling raises caution for investors amid high share price volatility. Click here to discover the nuances of Huanxi Media Group with our detailed analytical financial health report. Explore Huanxi Media Group's analyst forecasts in our growth report. Broncus Holding Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Broncus Holding Corporation is a medical device company that develops interventional pulmonology products for markets in Mainland China, the European Union, and internationally, with a market cap of HK$1.29 billion. Operations: Broncus Holding's revenue comes from its medical products segment, totaling $8.13 million. Market Cap: HK$1.29B Broncus Holding Corporation, with a market cap of HK$1.29 billion, is gaining traction in the medical device sector following recent approvals for its BroncAblate system in China. This innovative lung cancer treatment device marks a significant advancement in minimally invasive therapy. Despite being unprofitable with a negative return on equity of -9.03%, the company has improved its financial position by achieving positive shareholder equity and reducing losses by 27.8% annually over five years. With no long-term liabilities and sufficient cash runway exceeding three years, Broncus is poised for revenue growth projected at 24.72% per year amidst high share price volatility. Click here and access our complete financial health analysis report to understand the dynamics of Broncus Holding. Gain insights into Broncus Holding's outlook and expected performance with our report on the company's earnings estimates. Bosideng International Holdings Simply Wall St Financial Health Rating: ★★★★★★ Overview: Bosideng International Holdings Limited operates in the apparel business in the People's Republic of China with a market capitalization of approximately HK$50.17 billion. Operations: The company's revenue is primarily generated from Down Apparels at CN¥21.71 billion, followed by Original Equipment Manufacturing (OEM) Management at CN¥3.42 billion, Ladieswear Apparels at CN¥651.15 million, and Diversified Apparels at CN¥231.76 million. Market Cap: HK$50.17B Bosideng International Holdings Limited, with a market cap of approximately HK$50.17 billion, has demonstrated stable financial health and growth in the apparel sector. The company reported sales of CN¥25.90 billion for the year ended March 31, 2025, up from CN¥23.21 billion the previous year, alongside net income growth to CN¥3.51 billion from CN¥3.07 billion. Earnings per share have also increased slightly over the past year. Despite significant insider selling recently, Bosideng's debt is well-managed with more cash than total debt and its assets comfortably cover liabilities, indicating robust operational stability in a volatile market segment like penny stocks. Dive into the specifics of Bosideng International Holdings here with our thorough balance sheet health report. Understand Bosideng International Holdings' earnings outlook by examining our growth report. Taking Advantage Explore the 974 names from our Asian Penny Stocks screener here. Want To Explore Some Alternatives? Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SEHK:1003 SEHK:2216 and SEHK:3998. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store