Anicut Capital launches Rs 175-crore seed fund to back 20 startups

Anicut Capital launches Rs 175-crore seed fund to back 20 startups



Bengaluru: Chennai-based alternative investment firm Anicut Capital, which invests in companies through both debt and equity, has launched its second dedicated early-stage equity fund with a target size of Rs 175 crore. The fund will back startups across the deeptech, enterprise technology, consumer and financial services domains.The fund is part of a Rs 3,000-crore programme across four strategies, cofounder IAS Balamurugan told ET. Anicut



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