Venture Debt Fund |
Organization | Trifecta Capital |
Source of funding | Non-Government |
Scheme | Venture Debt Fund |
Type of funding | Debt |
Funding Amount | 50000000 |
Description | Debt up to 30 cr at 14.5 - 1.05 per cent interest rate for about three years |
Range of funding | Rs 2 crore to Rs 10 crore |
Target investees | Entrepreneurs |
Note | Equity + debt; |
Purpose | To provide debt to startups at a stage where founders need help to achieve milestones without diluting much for better valuations later. |
Focus area | Multiple focus areas |
Provides Funds For | D, E, |
Scheme Type | Ongoing scheme |
Recommended scheme | |
Scheme status | Live scheme |
More detail.. | Link |