Trifecta Capital’s Support for Startups, Innovation, Youth Employment, and Economic Growth in India to benefit from an IFC Investment

Mumbai, India, September 16, 2025 -To foster sustainable growth, promote innovative business models and create job opportunities in sectors such as financial services, health, transport/logistics, and deep tech, IFC will invest in the latest venture debt fund managed by Trifecta Capital, India's leading provider of venture debt.

IFC is investing up to $25 million in Trifecta Venture Debt Fund IV, which provides venture debt to select startups at Series A stages and beyond. As flexible, lower-cost growth financing, venture debt typically provides early-stage startups with working capital and supports capital expenditure and asset purchases, allowing these fast-growing companies to expand sustainably while driving sector-wide innovation.

India's startup ecosystem has grown rapidly, creating 1.6 million jobs as of December 2024. However, startups often face limited access to investment and financing solutions. IFC's investment aims to help India attract more funding from institutional investors and expand the ecosystem of capital providers for venture debt, a nascent asset class. This will further boost the capabilities of new economy businesses that provide jobs for the country's youth, innovate, and bolster economic growth.

Providing more funding options to innovative startups, including flexible, cost-effective mechanisms like venture debt, is essential for India's economic growth and job creation," said Farid Fezoua, IFC Global Director for Disruptive Technologies, Services and Funds. "Our investment in Trifecta Capital is in line with our IFC 2030 strategy to mobilize private capital at scale and drive digital innovation and private sector-led development that delivers more jobs."

The fund will target high-impact sectors, including the electric vehicle ecosystem, financial services, as well as R&D-led deep technology sectors, such as climate-tech, AI infrastructure, manufacturing-tech, and agri-tech, while expanding access to consumer, education, and healthcare segments.

"Our partnership with IFC enhances our ability to back transformative companies with flexible, founder-friendly capital at critical moments in their growth journey," said Rahul Khanna, Managing Partner at Trifecta Capital. "It also reinforces our long-term commitment to climate and sustainability-led innovation - areas where venture debt can serve as a catalytic force in scaling impact."

IFC's private equity funds strategy focuses on providing growth capital to funds with the highest likelihood of financial and development impact.