Trifecta Capital announces first close of Rs 2,000-crore Fund-IV

Venture debt firm Trifecta Capital on Thursday announced the first close of its Fund-IV, which aims to raise Rs 2,000 crore (about $230 million) for investment in more than 100 domestic companies.Mumbai-based Trifecta Capital’s managing partner Rahul Khanna told ET that the firm has already secured nearly half of the targeted corpus through signed commitments and advanced discussions.

“We expect to keep raising, including offshore, as there seems to be greater interest in private credit/venture debt as well as the fact that we have a significant…