New Delhi-based Edtech startup Leverage Edu has raised $2 million from Trifecta Capital in a debt funding round. Speaking on the investment, Rahul Khanna, Co-Founder & Managing Partner at Trifecta Capital, said, “Leverage Edu is on a mission to democratize access to overseas education. It has scaled rapidly and has access to a global University…
Venture debt fund Trifecta Capital has raised $140 million towards the final close of its second fund, higher than targeted on sustained interest from domestic institutional investors, family offices and large fund of funds such as Small Industries Development Bank of India (Sidbi), according to ET report. “We had announced our first close at Rs…
Arzooo, a business-to-business retail-tech startup, has raised $6 million in its latest financing round. The investment was received from Trifecta Capital. Speaking on the investment, CEO and Co-founder of Arzooo – Khushnud Khan said, “Our growth trajectory has been phenomenal and this capital will be used to fuel the same with the network expansion and scaling…
Servify, a Mumbai-based startup that provides device management services and warranty solutions for all devices that touch daily lives, announced that it has raised $23 million in Series C funding, led by existing investor Iron Pillar, along with participation from Blume Ventures, Beenext, Tetrao SPF and Trifecta Capital. Other investors that participated in the funding…
Zolostays, a Bengaluru-based co-living startup, announced that it has raised $56 million Series C funding led by Investcorp, Nexus Venture Partners, Mirae Assets, and Trifecta Capital, among others. Founded in 2015 by Nikhil Sikri, Akhil Sikri, and Sneha Choudhry, Zolostays earlier raised more than $40 million from the likes of IDFC Alternatives; Mirae Asset; Nexus…
Bengaluru-based intra-city logistics platform Blowhorn has recently raised an undisclosed amount of venture debt funding from Gurugram-based Trifecta Capital. Blowhorn is promoted by Catbus Infolabs Pvt. Ltd, which operates the asset-light logistics marketplace. The company plans to use these funds for achieving full P&L profitability by the end of the year 2020. The startup said…
MetaMorphoSys, a SaaS-based digital insurance platform, announced it has raised pre-Series A funding led by early-stage venture capital firm Good Capital. Other investors that participated in the round include Trifecta Capital managing partner Rahul Khanna, MetaMorphoSys said in a statement. However, it did not disclose the amount it raised. The Pune-based company will use the funds…
Box8, an on-demand food delivery company, has raised Rs 12 crore debt via debentures from Trifecta Capital in three equal tranches — in August, October, and December. The company was founded by Amit Raj and Anshul Gupta in 2012. Earlier, Box8 had raised $6.2 million in a Series C funding round from ReDefine Capital and…
Zolostays, a Co-Living Spaces, has raised $7 million in funding led by Trifecta Capital, India’s largest venture debt provider. Also, the company is in advanced talks to start a Series C round of funding. The company was founded in 2015 by Nikhil Sikri, Akhil Sikri, and Sneha Choudhary. Earlier, the startup had raised $30 million…