Trifecta Capital, a venture debt firm based in Gurugram, has successfully completed the first close of its fourth fund, aiming to raise up to Rs 2,000 crore ($231 million) with an additional greenshoe option of Rs 500 crore. This new fund will continue to support startups by providing them with venture debt solutions. The firm’s managing partner, Rahul Khanna, highlighted the importance of this fund in facilitating growth for emerging companies. The initiative reflects Trifecta Capital’s commitment to fostering innovation and entrepreneurship in the startup ecosystem.