IFC Partners with Trifecta Capital to Strengthen India’s Venture Debt Ecosystem

The International Finance Corporation (IFC), a member of the World Bank Group, has committed up to $25 million to Trifecta Capital’s Venture Debt Fund IV - marking its largest investment in a venture debt fund in India and South East Asia. This partnership represents a pivotal moment in the evolution of India’s venture debt landscape, underscoring the growing global confidence in the country’s startup ecosystem.
Trifecta Capital
October 16, 2025
Team Trifecta Capital

Trifecta Capital achieves a momentous milestone today as the International Finance Corporation (“IFC”) – a member of the World Bank Group – commits an investment of up to $25 million to Trifecta’s Venture Debt Fund IV. This is the largest investment by IFC in a Venture Debt Fund in India and South East Asia.

Trifecta Capital has been a pioneer in the venture debt asset class in India, with over a decade of experience in not just investing in leading new-economy companies, but also in  developing and nurturing the stakeholder ecosystem. Over the past decade, we have invested over $1.18 billion across 220+ companies, including 30+ unicorns, representing a combined portfolio equity value of $75 billion. We have raised over $725 million of capital across four venture debt funds and one growth equity fund, cementing our position as India’s leading alternate financing platform for startups.

Trifecta Capital Team with IFC Team

Trifecta’s partnership with IFC, naturally marks a defining moment for the evolution of the venture debt asset class in India. IFC’s investment will support Trifecta’s resolve to strengthen India’s startup ecosystem by expanding access to flexible, founder-friendly financing at a time when young companies are creating jobs, driving innovation, and solving large-scale challenges.

Impact has always been the underlying focus of the investment thesis at Trifecta Capital. We believe that investing in India is synonymous with investing in impact. More than half of Trifecta’s portfolio is impact-driven, spanning healthcare, financial inclusion, clean energy and mobility, sustainable agriculture, education, and consumer solutions, with over INR 3,400 crore deployed in these sectors. 

Trifecta Capital Team with IFC Team

As India’s startup ecosystem continues to create millions of jobs and pioneer new solutions for healthcare, financial access, and climate resilience, Trifecta Capital with an impact commitment shared with IFC, aims to be the partner of choice for India’s most ambitious founders building these companies, ensuring them access to capital needed to grow with purpose and scale responsibly.

We extend our gratitude to all our LPs, Founders, VC Ecosystem partners and all other stakeholders who have been on this journey with us over the last 10 years. We look forward to working closely with the IFC to achieve even greater impact going forward.

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