Venture debt firm Trifecta Capital has dispatched its third asset worth Rs 1,500 crore or $200 million, with an objective corpus of Rs 1000 crore and a green shoe choice of Rs 500 crore.
It will be the biggest asset managed by the Mumbai-based firm, that will hope to cooperate with 50 to 75 class driving new businesses that are looking for elective wellsprings of development capital areas like SaaS (Software as a Service), D2C (Direct-to-purchaser), B2B trade, Fintech, E-trade Sellers, among others.
Dispatched in 2015 with a Rs 500 crore first asset, Trifecta has made 140 ventures of about Rs 2,200 crore or $293 million in more than 85 new companies throughout the most recent six years.
Its portfolio now has 11 unicorns and more than 15 soonicorns, with organizations including Bigbasket, Pharmeasy, Cars24, Vedantu, Infra.Market, ShareChat, Dailyhunt, UrbanCompany, CarDekho, Blackbuck, Ninjacart, NoBroker, KreditBee, Dehaat, Turtlemint, Servify, Livspace and BharatPe among a few others.
Recently, Trifecta announced the last close of its second asset at $140 million, which it began bringing up in 2019.
