Fund News

Anicut Capital attracts Rs.30-Cr from HDFC AMC's Fund of Funds

Business Line  

Grand Anicut Fund 3, a growth equity AIF managed by Anicut Capital, has received a commitment of over INR 30 crore from HDFC AMC's Fund of Funds with possible additional allocation in the near future. The investment will be made from the Select AIF FOF-I which invests in Category I and II PE-VC-oriented AIFs. Launched in June 2022. Grand Anicut Fund 3 focuses on a diverse range of sectors, including Consumer, Internet, Technology and B2B, among others.

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