Anicut Capital launches ₹3,000-crore fundraise across four new funds for consumer, fintech bets
Chennai-based Anicut Capital has raised ₹500-600 crore so far toward a ₹3,000 crore target across four new funds, with 60% earmarked for debt. The firm's ₹4,500 crore AUM portfolio includes D2C names like Wow! Momo, SUGAR Cosmetics, Milky Mist and mcaffeine, with 90% of Growth Fund IV already deployed.
Chennai's Anicut Capital raises ₹3,000 crore across four new funds targeting consumer, financial services sectors; portfolio includes D2C brands Wow! Momo, SUGAR Cosmetics, Milky Mist, mcaffeine.