Trifecta Capital expands biz with launch of $200 mn equity fund
Trifecta, through its two venture debt funds, has invested over Rs1,800 crore in more than 70 companies including in 9 unicorns and 11 that are on their way to become one
For its maiden equity fund - Trifecta Leaders Fund - I - the firm is looking to raise as much as Rs1,500 crore ($200 million)
MUMBAI : Trifecta Capital, known for its venture debt investment funds, is making a significant expansion in its business. The firm is launching its first equity fund, Trifecta Leaders Fund-I, which will target late-stage equity investments in Indian startups, said senior executives of Trifecta in an interaction with Mint. For this fund, the firm aims to raise as much as ₹1,500 crore ($200 million), including a greenshoe option of ₹300 crore.