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Anicut Capital

89, Bishop Garden, Greenways Rd, Raja Annamalai Puram, Chennai, Tamil Nadu, 600028, India

Overview

Investment firm led by experienced banking professionals.

Founded

2016

Deals ยท 12mo

18

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

India

Sector focus

Financial Services

Investment portfolio

64rounds
NAMEDATESIZE
DailyObjects
Oct 2026Led
$34 MSeries C
Unico Housing Finance
Aug 2026Led
$6 MOther Equity
River
Aug 2026Participated
$120 MSeries C
Naturis Cosmetics
Jul 2026Participated
$10 MSeries A
Blue Tokai Coffee Roasters
May 2026Led
$18 MSeries D
SportVot
Apr 2026Participated
$3 MOther Equity
Wow! Momo
Apr 2026Led
$12 MDebt
Intellithink
Apr 2026Participated
$2 MSeed
Inspecity
Mar 2026Participated
$6 MSeed
e-TRNL Energy
Feb 2026Participated
$3 MSeed
SteamPRO
Feb 2026Led
$0.42 MSeed
Salty
Jan 2026Participated
$3 MOther Equity
DailyObjects
Oct 2026Led
$34 MSeries C
Unico Housing Finance
Aug 2026Led
$6 MOther Equity
River
Aug 2026Participated
$120 MSeries C
Naturis Cosmetics
Jul 2026Participated
$10 MSeries A
Blue Tokai Coffee Roasters
May 2026Led
$18 MSeries D
SportVot
Apr 2026Participated
$3 MOther Equity
Wow! Momo
Apr 2026Led
$12 MDebt
Intellithink
Apr 2026Participated
$2 MSeed
Inspecity
Mar 2026Participated
$6 MSeed
e-TRNL Energy
Feb 2026Participated
$3 MSeed
SteamPRO
Feb 2026Led
$0.42 MSeed
Salty
Jan 2026Participated
$3 MOther Equity
64
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Insights

Time horizon

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Deal Distribution

Anicut Capital: 64 funding rounds are recorded in the selected participation categories.All available history.
Anicut Capital: 64 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed413
Series A412
Series B03
Series C+27
Other Equity78
Debt40

Monthly Deal Activity

Anicut Capital: 64 deals are recorded across 115 months.All available history.
Anicut Capital: 64 deals are recorded across 115 months. All available history
MonthDeals
Apr '171
May '170
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '181
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '201
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '201
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '211
Sep '212
Oct '210
Nov '211
Dec '210
Jan '222
Feb '220
Mar '220
Apr '220
May '222
Jun '221
Jul '221
Aug '220
Sep '221
Oct '221
Nov '220
Dec '222
Jan '230
Feb '230
Mar '231
Apr '231
May '231
Jun '231
Jul '230
Aug '230
Sep '232
Oct '231
Nov '230
Dec '230
Jan '243
Feb '242
Mar '243
Apr '242
May '240
Jun '241
Jul '240
Aug '243
Sep '241
Oct '241
Nov '241
Dec '240
Jan '250
Feb '250
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '253
Oct '251
Nov '253
Dec '251
Jan '262
Feb '262
Mar '261
Apr '263
May '261
Jun '260
Jul '261
Aug '262
Sep '260
Oct '261

Sector Breakdown

Anicut Capital: Consumer & Lifestyle is the largest displayed sector by deal count (26 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Anicut Capital: Consumer & Lifestyle is the largest displayed sector by deal count (26 deals). All available history
SectorDeals
Consumer & Lifestyle26
E-Commerce & Retail16
Manufacturing12
Fintech11
Food & Agriculture10
Transportation & Logistics9
Hardware & Robotics9
Health & Life Sciences9
Networks, Cloud & Communication8
Clean Energy & Sustainability6
Space & Frontier Tech6
AI & Machine Learning6
Professional Services4
Enterprise Software3
Real Estate & Construction3
Data, Analytics & IT3
Media & Entertainment3
Cybersecurity & Privacy2
Marketing & Advertising2
Education & Workforce1
Government & Defense1
Developer Tools1

Deal Size Distribution

Anicut Capital: 64 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Anicut Capital: 64 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M37
$5M-$10M9
$10M-$25M12
$25M-$50M3
$50M-$100M2
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Anicut Capital: India has the largest recorded deal count among the displayed regions (59 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Anicut Capital: India has the largest recorded deal count among the displayed regions (59 deals). All available history
RegionDeals
India59
Singapore2
Europe2
United States1
Anicut Capital: 20 co-investors are shown, with Speciale Invest sharing 7 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Anicut Capital: 20 co-investors are shown, with Speciale Invest sharing 7 recorded deals. All available history
Co-investorShared deals
Speciale Invest7
A91 Partners6
First Cheque5
Capital A4
Micelio Fund4
Sharrp Ventures4
Java Capital3
JITO Angel Network3
LetsVenture3
Verlinvest3
12 Flags2
360 ONE Asset2
3one4 Capital2
9Unicorns2
AdvantEdge VC2
All In Capital2
Antler2
Blume Ventures2
Gemba Capital2
India Quotient2

Investment Strategy

Anicut Capital: Led accounts for 33% and participating for 67% of round participation.All available history.
Anicut Capital: Led accounts for 33% and participating for 67% of round participation. All available history
CategoryDeals (count)Share (%)
Led2133%
Participating4367%
Anicut Capital: Single-lead accounts for 67% and co-led for 33% of lead dynamics.All available history.
Anicut Capital: Single-lead accounts for 67% and co-led for 33% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1467%
Co-led733%

Team

Adithya Bharadwaj

Vice President

Ajay Anand

Partner

Ashvin Chadha

Co Founder

Dhruv Kapoor

MD

I A S Balamurugan

Co-Founder & Managing Partner

Veenu Mittal

Chief Financial Officer