Indian venture debt player targets $133m for third fund

Trifecta Capital, an Indian venture debt firm that finances early-stage and growth-stage startups, announced the launch of its third venture debt fund.

More details

• Investors: Banks, insurance companies, development financial institutions, corporate treasuries and endowments, family offices, global financial conglomerates
• Target amount: US$133 million with a greenshoe option of US$67 million
• Sectors: Software as a service, direct to consumer, business-to-business commerce, fintech, ecommerce

More company updates

• Trifecta Capital is targeting to complete the first close of the latest fund in 2021 and begin deploying from the fund simultaneously.
• Over the past six years, the firm has made 140 investments amounting to US$293 million in more than 85 startups throughout all of its funds.
• Its portfolio companies include unicorns such as Big Basket, PharmEasy, Cars24, Vedantu, Infra Market, ShareChat, Dailyhunt, UrbanCompany, CarDekho, BlackBuck, and BharatPe, among others.

For more coverage about the company, head here. You can also click on the link below to view the company’s key details and funding history.