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Trifecta Capital: Trifecta Capital closes second debt fund with Rs 1,025 crore

Explore Now MUMBAI: Startups-focused alternate financing platform Trifecta Capital, which has already invested Rs 900 crore across 38 companies, has closed its second fund, raising Rs 1,025 crore. Since the Rs 1,025-crore Trifecta venture debt fund-II has a provision to recycle capital, the fund will have an investible corpus of up to Rs 2,560 crore, the company said on Friday. Across the two debt funds, Trifecta has invested around Rs 2,000 crore in 72 early growth and growth stage startups s...
Nilesh Kothari Rahul Khanna Trifecta Capital Big Basket Debt Fund Daily Hunt

Chinese stock fund attracts record $37 bln in first-day subscriptions -state media

By Reuters Staff 2 Min Read SHANGHAI, Jan 19 (Reuters) - A Chinese mutual fund attracted a record $37 billion worth of investor subscriptions on the first day of sales, state media reported, reflecting Chinese retail fever toward stocks. E Fund Management Co launched the fund on Monday and raised 237 billion yuan ($36.6 billion) in subscription money, nearly 16 times its fundraising cap of 15 billion yuan, official Securities Times reported on Tuesday, citing sales channels. E Fund said officia...
United States Hong Kong Stephen Coates Peter Alexander Feng Bo Samuel Shen

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