Venture debt firm Trifecta Capital closes its second fund at $140 Mn


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Venture debt firm Trifecta Capital has raised $140 million or Rs 1,025 crore from domestic institutional investors, family offices and the Small Industries Development Bank of India (SIDBI) to close its second fund. According to Trifecta, the fund had set a target of Rs 1,000 crore, including a greenshoe option of Rs 250 crore. Earlier, Trifecta had announced the first close of its fund at Rs 750 crore in March 2019.