Anicut Capital has invested INR 133 crore in Tao Digital Solutions , a US-headquartered IT services company, through its private credit fund, GAF-4.
Tao operates on a global delivery model, with offices in the US, Canada, India, Australia, and Nigeria. The funds will be used by Tao Digital Solutions to acquire TriGeo Technologies, a move aimed at expanding its digitization services, annotation and labelling, 3D modelling, and digital twinning capabilities for better customer service.
GAF-4, launched in the first quarter of the current fiscal year, is Anicut's third private credit fund with a size of INR 1,000 crore and a green-shoe option of INR 500 crore.
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