Anicut Capital's Growth and Expansion
July 13, 2024, 9:41 pm
Anicut Capital, a multi-asset alternative investment firm, has recently closed its late-stage Equity Continuum fund of Rs 300 crore, signaling a new chapter in its journey. This fund will be utilized to support companies gearing up for an IPO in the next 2-4 years, showcasing Anicut's commitment to fostering growth and innovation in the market.
With the successful closure of this fund, Anicut Capital's total assets under management have soared past Rs 3,000 crore, solidifying its position as a key player in the investment landscape. The firm's strategic approach to investing in 5 to 6 companies that have shown significant growth and profitability, and are IPO-ready, reflects its focus on nurturing high-potential ventures.
"We are thrilled about the overwhelming response to the Rs 300 crore Anicut Equity Continuum Fund, which has garnered strong investor interest and closed swiftly within eight weeks. The substantial investment from HDFC AMC further underscores the confidence investors have in our vision," stated Ashvin Chaddha, Managing Partner and Co-founder of Anicut Capital.
Anicut Capital is not resting on its laurels, as it gears up to raise its third credit fund with a target corpus of Rs 1,200-1,500 crore. This move highlights the firm's commitment to expanding its presence and exploring new avenues for investment. By focusing on private credit and early-stage innovation, Anicut Capital has demonstrated its prowess in deploying capital effectively and strategically.
In addition to its credit fund, Anicut Capital has also launched three active fund structures in GIFT City, showcasing its dedication to accessing capital from diverse sources. These structures are designed to facilitate investments both within and outside India, enabling Anicut Capital to support companies in their operations across different regions.
Furthermore, Anicut Capital's emphasis on bridging the funding gap in the private credit sector is commendable. By providing acquisition finance and buyback finance, the firm is empowering promoters and mid-sized enterprises to achieve their financial goals. With a track record of deploying over Rs 3,200 crore in private credit, Anicut Capital has proven its ability to support businesses in their growth journey.
As Anicut Capital continues to grow and expand its reach, its commitment to fostering innovation and supporting high-potential companies remains unwavering. With a strong team of 30 plus professionals and a diverse portfolio of investments, Anicut Capital is poised to make a lasting impact on the investment landscape, driving growth and prosperity in the market.
With the successful closure of this fund, Anicut Capital's total assets under management have soared past Rs 3,000 crore, solidifying its position as a key player in the investment landscape. The firm's strategic approach to investing in 5 to 6 companies that have shown significant growth and profitability, and are IPO-ready, reflects its focus on nurturing high-potential ventures.
"We are thrilled about the overwhelming response to the Rs 300 crore Anicut Equity Continuum Fund, which has garnered strong investor interest and closed swiftly within eight weeks. The substantial investment from HDFC AMC further underscores the confidence investors have in our vision," stated Ashvin Chaddha, Managing Partner and Co-founder of Anicut Capital.
Anicut Capital is not resting on its laurels, as it gears up to raise its third credit fund with a target corpus of Rs 1,200-1,500 crore. This move highlights the firm's commitment to expanding its presence and exploring new avenues for investment. By focusing on private credit and early-stage innovation, Anicut Capital has demonstrated its prowess in deploying capital effectively and strategically.
In addition to its credit fund, Anicut Capital has also launched three active fund structures in GIFT City, showcasing its dedication to accessing capital from diverse sources. These structures are designed to facilitate investments both within and outside India, enabling Anicut Capital to support companies in their operations across different regions.
Furthermore, Anicut Capital's emphasis on bridging the funding gap in the private credit sector is commendable. By providing acquisition finance and buyback finance, the firm is empowering promoters and mid-sized enterprises to achieve their financial goals. With a track record of deploying over Rs 3,200 crore in private credit, Anicut Capital has proven its ability to support businesses in their growth journey.
As Anicut Capital continues to grow and expand its reach, its commitment to fostering innovation and supporting high-potential companies remains unwavering. With a strong team of 30 plus professionals and a diverse portfolio of investments, Anicut Capital is poised to make a lasting impact on the investment landscape, driving growth and prosperity in the market.