Trifecta Capital is a venture capital firm that announced its plans to launch the Rs 2,000 crore fourth  fund including a green shoe option of Rs 500 crore. The startup intends to use these funds to help  small businesses. The venture debt round saw participation from several new and existing investors.  The startup plans to deploy these funds on the leading businesses in different sectors. The VC firm  counts BigBasket, BlueStone, and Atomberg as its portfolio companies. 

Earlier this year, the Venture debt company invested Rs 75 crore in a jewelry startup Bluestone. The  investment was made to help the startup boost its sales, and scale its business operations while  enabling the company to achieve its market expansion plans. This company also plans to use this fund  raised from Trifecta to use it with the upcoming pre-IPO round and prepare for public listing. After this  round, the lending tech startup RING received a Rs 100 crore investment from this venture capital firm  in April. The company is reported to have invested around Rs 6,000 crore in over 180 startups from its  three funding rounds to date.  

The firm was founded by Rahul Khanna and Nilesh Kothari to provide financial solutions to growth stage and early-stage companies. Venture Capital focuses on category-leading businesses with strong  financial strength and equity investors backing them up, helping in the strong growth of the asset class.  Trifecta Capital announced the final close of its Trifecta Venture Debt Fund III at Rs 1,777 crore. The  first close of the third venture debt fund was made in November 2021 after the fund surpassed the  initial target of Rs 1,500 crore.  

The company claims to be the leading alternate financial platform for small companies and startups  across their life cycle in India. This venture capital firm has investors such as Meesho, Urban Company,  Zepto, and Bluestone. The CEO and managing partner of Trifecta Capital, Khanna mentioned that the  company plans to invest this fund across different sectors while staying away from risky sectors such  as gaming and the cryptocurrency sector. The company mentioned the total write-offs remain at 0.6  percent of its investments. The VC firm faces competition from other venture debt companies such as  InnoVen Capital, Stride Ventures, and Altera Capital. Trifecta has invested in over 30 unicorns since its  inception. 

Conclusion: 

The Venture Capital firm Trifecta Capital provides financial solutions to growth and early-stage  startups. The company announced its plans to launch a 240 million USD fourth venture debt fund  including a green shoe option of Rs 500 crore. The company claims to have invested Rs 6,000 crore in  around 180 startups including 30 unicorns since its inception. The company intends to make  investments in startups across different sectors while staying away from risky sectors like gaming.  Trifecta Capital previously launched a third debt fund which made a final close for Rs 1,777 crore. The  final close was made after the fund crossed its initial target of Rs 1,5000 crore.