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Chennai-based Anicut Capital, a multi-asset alternative investment firm, has announced the close of its maiden late-stage equity continuum fund, raising ₹300 crore. The fund, which took approximately 18 months to raise, will be used to support companies at the pre-IPO stage. With this closure on Friday, July 12, 2024, Anicut Capital's total assets under management have crossed ₹3,000 crore.
📢Investment firm @AnicutF has marked the close of its first late-stage equity continuum fund of Rs 300 crore. The fund will support portfolio cos at the Pre-#IPO stage. With the closure, the firm's total assets under management has also crossed Rs 3,000-crore. https://t.co/mTeO899GBE
📢Investment firm @AnicutF has marked the close of its first late-stage equity continuum fund of Rs 300 crore rupees. The fund will be used to support companies at the Pre-IPO stage. With the closure, the firm's total assets under management has also crossed Rs 3,000-crore. https://t.co/274uNTvCAx
Anicut Capital raises new Rs 300 crore fund for follow-on investments https://t.co/forFiO46pl via @moneycontrolcom
