Anicut Capital to get Rs.75-Cr from the govt's SRI fund

Chennai-based Anicut Capital has received a commitment of INR 75 crore for its INR 500-crore Grand Anicut Fund 3 from the Indian government's INR 10,000 crore Fund of Funds, Self Reliant India Fund (SRI). The new Anicut fund will invest in 10-15 growth-stage companies over the next two years that focus on technology, consumer products and B2B brands.