Trifecta Capital Launches Largest Venture Debt Fund Yet, Aiming for INR 2000 Crores Amidst Increasing Market Demand
Trifecta Capital, a pioneer in India's venture debt space, announces its largest fund to date, Trifecta Venture Debt Fund IV, targeting INR 2000 crores. With over 6000 crores invested in 180+ startups, 50 of which are unicorns/soonicorns, Trifecta continues to support the startup ecosystem with founder-friendly, non-dilutive financing solutions.
Gurugram, Haryana, India – Trifecta Capital has launched its largest venture debt fund yet, the Trifecta Venture Debt Fund IV, targeting a corpus of INR 2000 crores. This milestone signifies the growing importance and acceptance of venture debt as a key financing solution in India's startup ecosystem.
Since its inception in 2015, Trifecta Capital has spearheaded the venture debt landscape in the country, investing over INR 6000 crores across 180+ startups. Notable mentions among these are companies that have achieved unicorn and soonicorn status, including BigBasket, Cars24, Meesho, and UrbanCompany. The firm's commitment to founders and category-leading businesses has been pivotal to this growth trajectory.
The firm's Managing Partner, Rahul Khanna, emphasizes their unwavering support for the startup ecosystem despite market challenges. A significant recent development includes the launch of Trifecta Leaders Fund I for growth equity, further expanding their strategic financial solutions to startups.
(With inputs from agencies.)