Anicut Capital funding, investors and company details

Anicut Capital is an emerging Financial Services - Investments startup from Chennai, working in the space of Flexible private credit and equity capital to Indian companies. Founded by Ashvin Chadha, IAS Balamurugan (Bala), Chander Mohan Chadha.

Company: Anicut Capital LLP
Sector: Financial Services - Investments
Location: Chennai
Founders: Ashvin Chadha, IAS Balamurugan (Bala), Chander Mohan Chadha
Total funding raised: ₹280 Cr

Company overview

Anicut Capital is a multi-asset alternative investment firm that provides flexible private credit and equity capital to Indian companies across stages, with a strong focus on consumer brands, tech, manufacturing, and services. The platform positions itself as a full‑spectrum partner to entrepreneurs, combining growth capital with strategic support and disciplined underwriting across venture debt, growth debt, and equity solutions

Funding rounds

Latest round: ₹30.00 Cr. ($ 3.60 Mn), 2023-11-01. Investors: HDFC Asset Management Company
Past round: ₹110.00 Cr. ($ 13.93 Mn), 2022-06-07
Past round: ₹140.00 Cr. ($ 18.78 Mn), 2022-01-31. Investors: Small Industries Development Bank of India (SIDBI)