Funding Alert
Trifecta Capital invests Rs. 400 Cr in four Indian tech startups
Trifecta Capital stated on Wednesday that it has invested Rs. 400 crore across four companies via its maiden equity fund Trifecta Leaders Fund-I. Launched in May 2021, the fund has a target corpus of Rs. 1500 crore. The fund has presently invested in Ixigo, My Glamm (Good Glamm Group), Meesho, and PharmEasy (API Holdings).
Ixigo is a multi-modal travel platform, Good Glamm is a D2C beauty and personal care firm. PharmEasy is an omnichannel healthcare platform whilst Meesho deals with social commerce.
According to a statement by Trifesta Capital, “The presence of deep tech talent, a large consumer base, and favourable regulatory changes easing domestic listing of startups has created India’s thriving startup and tech ecosystem. With its unique heritage, access, expertise, and relationships in this maturing startup ecosystem, Trifecta Capital is well-positioned to be a reliable partner of choice for founders of growth to late-stage tech companies.”As of end September, Trifecta has, reportedly, raised over 1500 crore across two venture debt funds and Rs, 1200 crore from its equity fund.
Follow Startup Story
Related Posts
Subscibe for FREE ! Get the Startup Story Podcast delivered straight to your inbox before everyone else.
By subscribing you agree to our Terms & Privacy-Policy.
© Startup Story Private Limited. All Rights Reserved.