# Trust Capital: portfolio, investments and team

> Trust Capital is a growth equity based in India. 3 investments on record, latest Jun 2013. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/trust-capital (Millionrounds; every figure on the page links to its filing or article)

India · [Investor](https://millionrounds.com/investors)

# Trust Capital

Last cheque observed Jun 2013. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Growth equity

Series B Series D Venture Asset Management

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 3 on record

Since the last cheque **4870** days **00** hrs **00** min **00** sec

Median round **$15M** Rounds led **0 of 3** Exits **2 from the portfolio**

Pitch Trust Capital

## Trust Capital highlights

- 01 3 rounds on record
- 02 Mostly Series B and Series D: 67% of its rounds
- 03 2 exits from the portfolio

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Asset Management
- **Based in:** India
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2013** 1 round
- **Jun** **[Complix](https://millionrounds.com/company/complix)** Series B · BE · prnewswire.com **$15M** With 7 others
- **2007** 1 round
- **Jun** **[Algonomics](https://millionrounds.com/company/algonomics)** Venture · BE · algonomics.com **$2.0M** With 3 others
- **2006** 1 round
- **Jun** **[Clear2Pay](https://millionrounds.com/company/clear2pay)** Series D · BE · clear2pay.com **$20M** With 7 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[Clear2Pay](https://millionrounds.com/company/clear2pay)** Bought by C&E Holdings **Undisclosed** Oct 2014

**[Algonomics](https://millionrounds.com/company/algonomics)** Bought by Lonza Group **Undisclosed** Nov 2009

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series B Series D Venture

Median round joined **$15M** the round, not its cheque

Led 0 of 3 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Jun 2013
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Series B *1*
- Series D *1*
- Venture *1*

Cheques by year Led Joined

2006 2013

Often in the room with

- [Baekeland Funds](https://millionrounds.com/fund/baekeland-funds) 2
- [Gemma Frisius Fonds](https://millionrounds.com/fund/gemma-frisius-fonds) 2
- [Gimv](https://millionrounds.com/fund/gimv) 2

**Pitching Trust Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Trust Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Baekeland Funds** VC firm **2** rounds together](https://millionrounds.com/fund/baekeland-funds)[**Gemma Frisius Fonds** Investment firm **2** rounds together](https://millionrounds.com/fund/gemma-frisius-fonds)[**Gimv** Private equity **2** rounds together](https://millionrounds.com/fund/gimv)

## Mentioned on podcasts

Episodes that name Trust Capital in their description, not their title.

- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 2 Sept 2022 · 1h 2m Ask Jason + LAUNCH founder interviews + OK Boomer with Andrew Yeung | E1551 With [Andrew Yeung](https://millionrounds.com/person/andrew-yeung) Mentions [Trust Capital](https://millionrounds.com/fund/trust-capital) Apple PodcastsShow page
- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 20 Aug 2022 · 59 min Ask Jason + LegalQ founder Zeb Anderson + OK Boomer | E1539 Mentions [Trust Capital](https://millionrounds.com/fund/trust-capital) Apple PodcastsShow page
- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 4 Aug 2022 · 1h 6m YC reduces S22 batch by 40%, $HOOD RIF, $MSTR CEO change, $ABNB earnings + Blueprint Part 4 | E1525 Mentions [Trust Capital](https://millionrounds.com/fund/trust-capital)[Visa](https://millionrounds.com/fund/visa)[Y Combinator](https://millionrounds.com/fund/y-combinator) Apple PodcastsShow page
- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 30 Jul 2022 · 1h 9m $AMZN & $AAPL earnings, $META investors losing faith, Jay Trading + OK Boomer with Nate O'Brien | E1521 With [Nate O'Brien](https://millionrounds.com/person/nate-o-brien) Mentions [Trust Capital](https://millionrounds.com/fund/trust-capital) Apple PodcastsShow page
- [This Week in Startups](https://millionrounds.com/podcasts/this-week-in-startups) 24 Jul 2022 · 1h 3m Telling founders "no," Board meeting etiquette (VC School), + Michael Luciani | E1516 With [Michael Luciani](https://millionrounds.com/person/michael-luciani) Mentions [Climate Capital](https://millionrounds.com/fund/climate-capital)[Trust Capital](https://millionrounds.com/fund/trust-capital) Apple PodcastsShow page

## Quick answers about Trust Capital

### What does Trust Capital invest in?

Trust Capital invests most often at Series B and Series D (67% of the rounds on record), in sectors such as Asset Management.

### How active is Trust Capital?

3 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2013.

### How big are Trust Capital's cheques?

The median round it joins is $15M.

### Is Trust Capital investing now?

No investments in the last 12 months; the latest was in Jun 2013.

### Who does Trust Capital invest alongside?

Most often Baekeland Funds (2 rounds together), Gemma Frisius Fonds (2 rounds together) and Gimv (2 rounds together).

### What kind of investor is Trust Capital?

Trust Capital is a growth equity firm based in India.

### When was Trust Capital founded?

Trust Capital was founded in 2000.

### Where does this information on Trust Capital come from?

From 3 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

## Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Find similar investorsOpen your CRM

Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=trust-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=trust-capital)
