Anicut Capital Floats ₹250 Cr Fund To Back 20 Early Stage Startups

Alternative investment firm Anicut Capital has launched its second early-stage investment vehicle, Grand Anicut Seed Fund, with a target corpus of ₹175 Cr (about $18.2 Mn). The fund will also have a greenshoe option of ₹75 Cr ($7.8 Mn). The SEBI-registered Category I fund will look to back more than 20 startups across deeptech, enterprise tech, consumer and financial services.