Trifecta Capital launches third fund with target corpus of Rs 1,000 cr

Trifecta Capital has announced the launch of its third venture debt fund, Trifecta Venture Debt Fund – III with a target corpus of Rs 1000 crore ($133 million) and a green shoe option of Rs 500 crore ($67 million). This will be the largest in the series of venture debt funds managed by the firm.

The fund aims to serve the rapidly growing financing opportunities for Indian start-ups. This sunrise sector has attracted US $26 billion in equity financing in the first eight months of 2021.

“We will strengthen our existing investor relationships and selectively add new investors who can add value