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.
Want to receive such news items in your inbox? Click Here to sign up for a trial.