Chennai-based Anicut Capital to invest in 20 startups with ₹175-crore fund
Chennai-based Anicut Capital has launched its second early-stage investment fund, the Grand Anicut Seed Fund, with a target corpus of ₹175 crore. The fund aims to support over 20 startups across sectors like deep-tech, enterprise-tech, consumer goods, and financial services.
Chennai-headquartered Anicut Capital, an alternative asset management company managing multiple Alternative Investment Funds (AIFs) across both debt and equity strategies, has launched Grand Anicut Seed Fund (GASF) with a target corpus of ₹175 crore and a greenshoe option of ₹75 crore. This is Anicut’s second fund for early-stage investments. The fund is set to focus on Pre-e to Series A investments across deep-tech, enterprise-tech, consumer, and financial services startups.
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