Trifecta Capital announces first close of Rs 2,000-crore Fund-IV

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Venture debt firm Trifecta Capital on Thursday announced the first close of its Fund-IV, which aims to raise Rs 2,000 crore (about $230 million) for investment in more than 100 domestic companies.Mumbai-based Trifecta Capital’s managing partner Rahul Khanna told ET that the firm has already secured nearly half of the targeted corpus through signed commitments and advanced discussions.

“We expect to keep raising, including offshore, as there seems to be greater interest in private credit/venture debt as well as the fact that we have a significant…



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Trifecta Capital announces first close of Rs 2,000-crore Fund-IV


Venture debt firm Trifecta Capital on Thursday announced the first close of its Fund-IV, which aims to raise Rs 2,000 crore (about $230 million) for investment in more than 100 domestic companies.Mumbai-based Trifecta Capital’s managing partner Rahul Khanna told ET that the firm has already secured nearly half of the targeted corpus through signed commitments and advanced discussions.

“We expect to keep raising, including offshore, as there seems to be greater interest in private credit/venture debt as well as the fact that we have a significant…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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