Trifecta Capital announces final close of Trifecta Venture Debt Fund II at Rs 1,025 Cr
Trifecta Capital has announced its second venture debt fund, Trifecta Venture Debt Fund. Trifecta Capital had launched the countryâ€™s first Venture Debt Fund in 2014 with commitments of Rs 500 crore. Across the two Funds, Trifecta Capital has invested approximately Rs 2,000 crore in 72 early growth and growth-stage start-ups. 'Founders come first'The Trifecta Capital portfolio has cumulatively raised $8.1 billion of equity, and is cumulatively valued at 20 billion. Trifecta Capital, and the involvement of investors like RBL Bank, broadens the availability of capital, both venture and senior debt.