Chennai-based Anicut Capital to invest in 20 startups with ₹175-crore fund
Summary
- Anicut Capital is a Chennai-based investment firm.
- The firm has launched a ₹175-crore fund to invest in startups.
- The fund will focus on Pre-e to Series A investments in various sectors.
Key Facts
- · Fund size: ₹175 crore
- · Number of startups to be invested in: 20
- · Sectors of focus: deep-tech, enterprise-tech, consumer, financial services
Why it matters
This investment will boost the startup ecosystem in India, particularly in the deep-tech and enterprise-tech sectors.
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