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Press background on Anicut Capital
Company profile
Co-founded and incepted by Ashvin Chadha and IAS Balamurugan in 2016, Anicut Capital manages two Alternative Investment Debt Funds known as GAF (Grand Anicut Fund) and an early-stage Angel Fund known as GAAF (Grand Anicut Angel Fund). The team has worked on about 140 primary investments and another 70-80 investments which involved subsequent follow-on rounds and has offices in Delhi and Chennai. Anicut has an Assets Under Management (AUM) of INR 1500 crores across 3 funds.
 Recent press releases
Anicut Capital Appoints Adithya Bharadwaj as Vice President-Investments

Anicut Capital, India’s foremost investment firm has announced the appointment of Adithya Bharadwaj as Vice President to lead its early and growth-stage investments function. Adithya will head the expansion of Anicut Capital’s investment into the startup ecosystem based out of Bangalore... (more)
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Karunamoorthi Rajangam Appointed as Vice President, Anicut Capital

In the new role, Karunamoorthi will lead investment strategies, risk profiling of new entities and asset performance for the company
Karunamoorthi joins from Northern Arc Capital where he was heading Microfinance & Gold Financial Institutions Credit Risk & Monitoring
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