Fund News
Anicut Capital targets Rs.3,000-Cr fundraise across 4 new funds
Chennai-based multi-asset alternative investment firm Anicut Capital has initiated a fundraising process for four new funds with a combined target corpus of INR 3,000 crore. The firm has already raised approximately INR 500-600 crore from limited partners and expects to close the funds within the next 15 to 18 months.The new fund strategy includes one private credit fund and three equity-focused funds, which will cover early-stage, late-stage and Series A investments. About 60% of the total capital is designated for the debt fund. Debt disbursements are expected to range between INR 30-100 crore, while equity disbursements will range from INR 20-80 crore. The firm’s investment focus is on sectors such as consumer goods, financial services, and manufacturing.
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