Anicut Capital

Anicut Capital is a prominent Indian investment firm based in Chennai, distinguished by its dual focus on both debt and equity financing for growth-stage companies. Founded by seasoned professionals with extensive backgrounds in commercial, private, and investment banking, Anicut has carved a niche in the Indian venture ecosystem by providing tailored capital solutions. The firm's strategic approach allows it to support businesses across various stages of their lifecycle, from early-growth to more mature expansion phases, primarily within the consumer, fintech, B2B SaaS, and healthcare sectors.

The firm operates through two primary investment vehicles: the Grand Anicut Fund, which focuses on structured debt solutions, and the Anicut Opportunities Fund, dedicated to equity investments. The Grand Anicut Fund II successfully closed at INR 1,100 crore (approximately $132 million USD), demonstrating significant investor confidence in their debt strategy. Concurrently, the Anicut Opportunities Fund I, their maiden equity fund, had a corpus of INR 500 crore (approximately $60 million USD), targeting early-growth to Series A/B rounds. This dual-fund structure enables Anicut Capital to offer flexible financing options, catering to diverse capital needs of Indian startups and SMEs.

Anicut Capital's investment philosophy emphasizes long-term partnerships and value creation beyond just capital infusion. They typically invest in companies with strong unit economics and scalable business models, providing strategic guidance and leveraging their network to accelerate growth. Across its various funds, Anicut Capital manages over INR 2,000 crore (approximately $240 million USD) in assets under management. Their diverse portfolio includes more than 70 companies, featuring well-known brands such as Wingreens Farms, Bira91, Lendingkart, and Earth Rhythm, underscoring their broad sectoral reach and successful track record in identifying promising ventures within the dynamic Indian market.