Business Standard

Trifecta Capital raises second venture fund in a year with $100-mn corpus

Trifecta Capital has committed Rs 3,500 crore in venture debt and equity investments across more than 85 start-ups till date

Debt fund interest rates
Premium

Its portfolio companies have cumulatively raised $ 9.5 billion of equity funding and have a combined valuation of $40 billion.

Deepsekhar Choudhury Bengaluru
Venture debt firm Trifecta Capital has raised its second fund of the year with a corpus of Rs 750 crore ($100 million). The fund, called Trifecta Venture Debt Fund -- III, has a target corpus of Rs 1,000 crore and a green shoe option of Rs 500 crore.

Earlier this year, the firm had announced the final close and oversubscription of Trifecta Venture Debt Fund – II at Rs 1,025 crore, as well as the first close of its late-stage equity offering, the Rs 1,500 crore Trifecta Leaders Fund – I.

Trifecta Capital has committed Rs 3,500 crore in venture

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 17 2021 | 11:25 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com