Trifecta Capital raises second venture fund in a year with $100-mn corpus

Trifecta Capital has committed Rs 3,500 crore in venture debt and equity investments across more than 85 start-ups till date

Venture debt firm Trifecta Capital has raised its second fund of the year with a corpus of Rs 750 crore ($100 million). The fund, called Trifecta Venture Debt Fund -- III, has a target corpus of Rs 1,000 crore and a green shoe option of Rs 500 crore.

Earlier this year, the firm had announced the final close and oversubscription of Trifecta Venture Debt Fund – II at Rs 1,025 crore, as well as the first close of its late-stage equity offering, the Rs 1,500 crore Trifecta Leaders Fund – I.

Trifecta Capital has committed Rs 3,500 crore in venture