Fund News

Trifecta Capital raises Rs.1,500-Cr towards final close of first equity fund

Economic Times  

Trifecta Capital has raised INR 1,500 crore towards the final close of its maiden equity fund, Trifecta Leaders Fund–I. The venture capital firm also has a green-shoe option of raising INR 375 crore more. The late-stage equity fund will invest in leading startups that are likely to go in for a public listing in the next one to three years. The fund was launched in May 2021 and announced its first close in July last year. It has already invested in companies such as Dailyhunt, Livspace, Cars24 and Pristyn Care, taking the total capital invested to INR 730 crore. It had earlier announced investments in Ixigo, the Good Glamm Group, API Holdings (PharmEasy) and Meesho.

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