Anicut Capital introduces ₹175 crore investment fund for early-stage ventures
Anicut Capital has introduced the Grand Anicut Seed Fund, aiming for a total corpus of ₹175 crore, which includes a greenshoe option of ₹75 crore. The firm plans to deploy between ₹5 crore and ₹8 crore into more than 20 startups ranging from pre-seed to Series A stages. The focus areas include enterprise tech, deep-tech, financial services, and consumer sectors. The fund has already finalized three investments and expects to reach its initial closing shortly.
by shortkt.com✓