Anicut Capital

Anicut Capital is an Indian investment firm that provides flexible debt and equity to businesses at every stage of growth. It manages several funds, from a seed fund for young companies to late-stage equity for firms heading towards a listing. The Grand Anicut Fund, its alternative assets vehicle, invests in India outside infrastructure, real estate and media.

Products and services

• Seed Fund: combines an angel network with a venture capital fund.
• Growth Equity Fund: puts growth capital into businesses with proven models ready to scale.
• Private credit: provides mezzanine and structured debt for growth-stage private companies.
• Late-stage equity: backs late-stage companies and MSMEs that are expanding and plan to list in the medium term.

Who it works with

Entrepreneurs from start-ups to established businesses. Founders quoted on the site describe support that included introductions to investors and portfolio companies, help with product thinking and recruitment, and follow-on funding.

Key facts

• Market: India
• Structure: Grand Anicut Fund, an alternative assets manager
• Products: Seed, growth equity, private credit, late-stage equity