Venture debt · Series A–Growth · Gurugram
Trifecta Capital
Verified by Women Can StartupSnapshot
- Firm type
- Venture debt
- Founded
- 2015
- Headquarters
- Gurugram
- Fund / AUM
- $600M+ combined AUM; ~₹8,700 Cr (~$1.18B) deployed across funds
- Geographies
- India
- Leads rounds
- Yes
- Last updated
- 23 July 2026
About Trifecta Capital
India's first venture-debt fund. It provides debt rather than equity, term loans and working capital with equity warrants, to VC-backed early-growth and growth-stage startups, and also runs a growth-equity arm.
Trifecta Capital is a venture debt based in Gurugram, founded in 2015, investing in India. It backs companies at the Series A, Series B and Growth stages, with a focus on Sector-agnostic, Consumer, Fintech, SaaS and B2B commerce. It usually leads the rounds it joins.
On fund size, the firm reports $600M+ combined AUM; ~₹8,700 Cr (~$1.18B) deployed across funds. Its portfolio includes BigBasket, Cars24, Ninjacart, Livspace, Ixigo and BharatPe.
Investment focus
Notable investments
7 of Trifecta Capital’s better-known bets, grouped by sector. Names in coral open the company’s profile or founder story on this site.
E-grocery
Auto marketplace
Agri B2B
Home interiors
Travel
Fintech
Construction materials
How to pitch Trifecta Capital
Practical pointers drawn from what Trifecta Capital says it backs. Always confirm the current focus and process with the firm before you reach out.
- They invest at Series A, Series B and Growth. Approach them when your company is with clear product-market fit and early revenue, through to companies already scaling with strong metrics.
- Their focus is Sector-agnostic, Consumer, Fintech, SaaS and B2B commerce, so lead with why you fit there.
- The strongest way in is a warm introduction, ideally from a founder they have backed, such as BigBasket, Cars24 and Ninjacart.
- You can find the team and their current focus on their website, linked below.
Partners
Rahul Khanna
Co-founder & Managing Partner
Nilesh Kothari
Co-founder & Managing Partner
Website & links
Frequently asked questions
- What stage does Trifecta Capital invest at?
- Trifecta Capital invests at the Series A, Series B and Growth stages.
- What sectors does Trifecta Capital invest in?
- Trifecta Capital focuses on Sector-agnostic, Consumer, Fintech, SaaS and B2B commerce.
- Which companies has Trifecta Capital invested in?
- Notable investments include BigBasket, Cars24, Ninjacart, Livspace, Ixigo, BharatPe and Infra.Market. See the full list on this page.
- Who are the partners at Trifecta Capital?
- Key people include Rahul Khanna (Co-founder & Managing Partner) and Nilesh Kothari (Co-founder & Managing Partner).
- Where is Trifecta Capital based?
- Trifecta Capital is headquartered in Gurugram.
- Does Trifecta Capital invest in women founders?
- Trifecta Capital is a generalist fund and backs strong founders regardless of gender, women founders included. For funds with an explicit women-founder mandate, see our women-focused funds list.
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