India: Trifecta Capital closes second venture debt fund at $140m

Photo: Reuters

Mumbai-based venture debt firm Trifecta Capital has closed its second venture debt fund after having invested ₹900 crore in 38 companies. Launched in March 2019, the fund had a target of ₹1,000 crore, including a greenshoe option of ₹250 crore. The firm raised ₹1,025 crore for it.

The fund had a provision to recycle capital and will have an investible corpus of up to ₹2,560 crore.

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