Indian venture debt firm, Trifecta Capital Advisors, has raised around Rs200 crore ($30 million; €27 million) for the first close of its debut India-focused venture debt fund. The recently-established manager raised the capital from a range of domestic institutional investors including pension funds, a large life insurer and one of India’s largest endowments, managing partner Rahul Khanna, told PDI.
Indian venture debt fund reaches first close
Debut vehicle Trifecta Venture Debt Fund I has raised just under half of its Rs500 crore
