Venture Intelligence (TSJ Media Pvt. Ltd.)
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Trifecta to raise $240-M for fourth venture debt fund
Venture Debt firm Trifecta Capital has launched its fourth fund, aiming to raise up to INR 2,000 crore (around USD 240 million), including a greenshoe option of Rs 500 crore. Trifecta Capital expects to draw interest from investor classes including global financial institutions, domestic conglomerates, banks, insurance firms and development financial institutions. It will deploy the funds across sectors excluding “risky sectors” such as cryptocurrencies, gaming and peer-to-peer (P2P) lending.The firm, which has backed the likes of Zepto, Meesho, BlueStone and Urban Company, has so far deployed INR 6,000 crore from its three funds, including recycled capital.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.