Trifecta Capital invests Rs 400 cr in four Indian tech entities

The fund has invested in ixigo, Good Glamm Group (MyGlamm), API Holdings (PharmEasy), and Meesho, in line with its strategy to back growth to late-stage category-leading tech companies, it said in a statement. The fund was launched in May this year with a target corpus of Rs 1,500 cr (about $200 million) and announced its First Close in July. 

ixigo is a multi-modal travel platform, while Good Glamm Group is a D2C (Direct-to-Consumer) beauty and personal care company and Meesho is a social-commerce company.