India: Trifecta launches $200m equity fund to invest in late-stage startups

India: Trifecta launches $200m equity fund to invest in late-stage startups

Photo by Josh Appel on Unsplash

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.

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