Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
Anicut Equity Fund attracts Rs.50-Cr from SIDBI FoF
Chennai- and NCR-based Anicut Capital has has received a commitment of INR 50 crore from the the SIDBI managed Fund of Funds (FoF) for its Anicut Equity Fund. Anicut Equity Fund launched its Grand Anicut Fund 3 in June last year with a targeted corpus of INR 500 crore, with an additional INR 250 crore green shoe option. The investment firm has successfully closed two-thirds of the fund and has also received a commitment of INR 75 crore from Self Reliant India Fund.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.