Trifecta Capital Announces the First Close of INR 2000 Crore Trifecta Venture Debt Fund - IV
Feb 03, 2025
Mumbai (Maharashtra) [India], February 3: Trifecta Capital, India's leading provider of venture debt, has reached a significant milestone with the first close of its fourth and largest venture debt fund till date. This achievement marks a significant milestone in the firm's plan to raise INR 2,000 Crore (including a greenshoe option of INR 500 Crore) for this fund. This also underscores the firm's strong position as a pioneer of the venture debt asset class and the enduring trust it has built within the ecosystem. Notably, many of Trifecta Capital's long-standing investors, partners who have supported the firm since its inception in 2015, have reaffirmed their commitment to the latest venture debt fund, continuing a nearly decade-long relationship. The fund has garnered support from a multitude of capital allocators including insurance companies, leading family offices, and corporate treasuries. "We are incredibly grateful to our investors, both new and old, for their steadfast support and trust in Trifecta Capital. Their commitment to our vision has been instrumental in our success, and we are excited to continue this journey with them as we embark on this new chapter with Venture Debt Fund - IV," said Rahul Khanna, Managing Partner, Trifecta Capital.
