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Home / Business / Trifecta Capital invests Rs 400 crore from its maiden equity fund

Trifecta Capital invests Rs 400 crore from its maiden equity fund

The fund was launched in May this year with a target corpus of Rs 1,500 crore (about $200 million) and announced its First Close in July
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PTI   |   New Delhi   |   Published 21.10.21, 01:39 AM

Trifecta Capital on Wednesday said it has invested Rs 400 crore (about $53 million) across four companies from its maiden equity fund, Trifecta Leaders Fund-I. 

The fund has invested in ixigo, Good Glamm Group (MyGlamm), API Holdings (PharmEasy), and Meesho, in line with its strategy to back growth to late-stage category-leading tech companies, a statement said. 

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The fund was launched in May this year with a target corpus of Rs 1,500 crore (about $200 million) and announced its first close in July. 

ixigo is a multi-modal travel platform, while Good Glamm Group is a D2C (Direct-to-Consumer) beauty and personal care company and Meesho is a social-commerce company. 

API Holdings (PharmEasy) is an omnichannel healthcare platform spanning medicines, diagnostics, consultation, and information. Pharmeasy is preparing to file a DRHP with Sebi for its upcoming IPO.



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