Trifecta Capital

Lavanya Ashok from the Trifecta Capital team recently participated in an exclusive round-table discussion hosted by the Indian Venture and Alternate Capital Association (IVCA) on Global Capital and Ease of Doing Business in India. The discussion was co-chaired by Nivruti Rai, MD and CEO of Invest India, and Ashley Menezes, COO and Partner at ChrysCapital and Chairperson of IVCA. The round-table discussion was held alongside #AltCap101, and brought together some of the most influential leaders in India’s investment space. The conversation covered key topics such as regulatory changes, global capital flows, LP-GP dynamics, and new opportunities in India’s private capital market. It was a valuable forum to exchange ideas and collaborate on positioning India as a top destination for global investment and innovation.

Thank you Trifecta Capital, Nilesh Kothari, Arijit Sarkar, Aditya Kumar Singh!

“Many traditional business families and family offices have a deep understanding of India’s consumer landscape, which gives them an edge when underwriting consumer-focused investments.” Single-family offices (SFOs) are increasingly favoring consumer startups, a sector that has seen a correction in valuations over the past two years following the 2021 boom. Sahil Aggarwal, Director, Trifecta Venture Debt Fund, contributed to an article in Financial Express (India), sharing his insights on why this trend is gaining momentum in the ecosystem. Link to the full article:- https://lnkd.in/gCiGsvN9

The Indian startup ecosystem has witnessed remarkable growth over the past decade, but this is just the beginning. As the epicenter of technological innovation, our nation is poised for another multi-decade phase of exponential growth. We’re thrilled to share that our portfolio companies, Zepto, Battery Smart, and Bijak, TravClan have earned a spot on LinkedIn’s Top Startups 2024 list, leading the charge in India’s growth story. Congratulations to Bijak, Zepto, Battery Smart, and TravClan for being recognized among such exceptional peers. We’re proud to be part of your journey and your continued success. Read more:- https://lnkd.in/TSU24IN

Delhi is not just the national capital—it has also emerged as India’s startup capital. LinkedIn recently released its inaugural Top Startups in Delhi NCR list, and we’re excited to share that five of the top 10 companies are from our venture debt portfolio. A big congratulations to Wishlink, Battery Smart, BluSmart, Bijak, and Zepto, on making it to this prestigious list. We are proud to support these market leaders as they drive the tech ambition of the National Capital Region forward. Full List:- https://lnkd.in/ghu6XMBu

Over the past 15 years, investor interest—both global and domestic—in India's private capital markets has surged, leading to a significant increase in private capital AUMs. This growth has been driven by India's expanding GDP, favorable demographics, large-scale infrastructure investments, and key economic reforms that have fueled the economy's rapid development. In Preqin's India Territory Guide 2024, Lavanya Ashok, Partner at Trifecta Equity Fund, offers her insights on the rise of venture capital as a key asset class in India. With the country's private capital AUM more than tripling over the past decade and reaching a record $124.3 billion by the end of 2023, she highlights the factors propelling this growth and the strong tailwinds supporting India's venture capital landscape. Read the full report here: https://lnkd.in/eU_itaCK Rahul Khanna Nilesh Kothari Surbhi Garg Daivik Raval Swathi Dhamodaran Indian Venture and Alternate Capital Association (IVCA)

Advancing its mission to provide financial solutions to low-income individuals, the underbanked, and businesses in the informal sector, Kaleidofin Private Limited has secured another round of funding from an impressive group of investors. One of our valued partnerships through our venture debt fund, we extend our congratulations to Sucharita Mukherjee, Puneet Gupta, Natasha Jethanandani, Vipul Sekhsaria, and the entire Kaleidofin team for building a mission-driven, execution-focused company addressing one of India's most critical economic challenges. We are proud to support Kaleidofin in this journey, and we look forward to seeing them continue to drive impactful change, fostering financial inclusion and empowerment across the country. Nilesh Kothari Arijit Sarkar Aditya Kumar Singh Read More:- https://lnkd.in/gtpQqNdt

At Dexif, we are on a mission to revolutionize the fixed-income space by creating a seamless marketplace for debt securities. 💼 We’re thrilled to partner with Trifecta Capital, a venture debt fund that shares our vision of democratizing access to fixed-income investments. 🤝 Through our tech-enabled platform, we're streamlining the investment process, boosting market liquidity, and reducing costs for NBFCs, corporates, and financial institutions. 🧑💻 With over INR 300 crore facilitated monthly, we are delivering quicker TAT, increased liquidity, and better access to primary issuances. ✨ Thank you, Trifecta Capital, for your trust and support. 🌟 Together, we’re driving change in the debt markets and shaping the future of fixed-income investing. 🚀 #fixedincome #fintech #Dexif #venturedebt #marketliquidity #investment

Over the last couple of years, equity and FX markets have experienced significant disruption from new-age companies, but the fixed-income space remains largely untapped. Dexif is changing this by creating a marketplace for fixed-income securities, connecting NBFCs, corporates, and financial institutions looking to raise debt. Recognizing the vast market potential of tech-enabled solutions in this sector, we are excited to partner with Dexif, a fintech platform founded by Deepank Bhandari and Tushar Sharma, through our venture debt fund. Dexif simplifies the investment process, enhances market liquidity, and reduces issuance costs, ultimately driving greater participation and transparency in the fixed-income market. The platform offers a broad range of fixed-income products, from BBB- to sovereign-rated securities, and currently facilitates around INR 300 crore in monthly investments. For NBFCs, Dexif provides faster turnaround times, increased liquidity through its B2B2C model, and reduced costs. Independent Financial Advisors (IFAs) benefit from better access to primary issuances and improved fee structures. We’re proud to support Deepank, Tushar, and the entire Dexif team on their journey to democratize the fixed-income space, and we look forward to witnessing their continued rapid growth. Nilesh Kothari Saurabh Singh Aditya Kumar Singh

CFOs play a crucial role in scaling companies. They navigate the fundraising cycle, keep burn rates in check, and tackle periods of cash crunch and excess - both challenging in their own way, all while balancing sustainability and growth. In India’s evolving startup ecosystem, these responsibilities can weigh heavily, even on the most experienced finance leaders. Recognizing these challenges, Trifecta Capital launched the Startup CFO Conclave a few years ago to foster meaningful discussions, build connections within the CFO community, and provide actionable insights for finance leaders. Last week, we hosted the 4th edition of the CFO Conclave in Bengaluru. After successful editions in Mumbai, Delhi, and Bengaluru, we returned to the city for an even more engaging and insightful event. The event opened with an introduction to Trifecta Capital's Financial Solutions vertical by Deepak Mohan, followed by an insightful presentation on debt markets from Gautam Kaul, Senior Fund Manager of Fixed Income at Bandhan Mutual Funds. The evening's highlight was a panel discussion on "Crafting Liquidity and Exit Strategies," featuring Vinay Juluri (Founding Team, Mensa Brands), G S Bhaskar (Head of Finance, Curefoods (EatFit)), Ajay Lakhotia (Founder, StockGro), and Saurabh Agarwal (CFO, Livspace). The panel explored key topics, including secondary exits, navigating public markets, and addressing the financial challenges that impact startups' growth trajectories. We would like to extend our heartfelt thanks to all the attendees and panelists. With the continued success of our CFO Conclaves across India’s startup hubs, we look forward to hosting more events where finance leaders can share, learn, and grow together.