Anicut Capital makes first close of growth equity fund with Rs.110-Cr
Chennai-based investment management firm Anicut Capital has raised INR 110 crore in the first close of the INR 500 crore Anicut Opportunities Fund I. The fund will be deployed in 15 growth stage companies. Anicut - which has been focused on venture debt and seed investments - has appointed Dhruv Kapoor as a partner to head growth equity investments.
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