Growth Equity

Anicut's Growth Equity Fund provides capital to high-potential businesses with proven business models that ready to scale rapidly. We look for a meaningful revenue scale, strong unit economics with path to profitability and the ability to be a market leader in a category/domain.

The fund is sector agnostic and invests in Series A & B rounds as either a lead, co-lead or co-investment capacity. Our typical round size is between INR 20 – 30 Crores at this stage. We are particularly excited by the consumer and technology themes in India and believe that the next 10 years will see the creation (and IPOs) of several large businesses in subsectors such as consumer internet, D2C brands, B2B and SaaS. If you are looking for growth capital to power your business forward, we look forward to hearing from you.

500 Cr+

INR Corpus

7

Investments
Completed

A, B

Series focused

50+

Years of Team
Investing Experience

Investment Philosophy

Strong Unit Economics

Clear and visible path to profitability

Strong founders operating in large growing markets

Proven and scalable business model

Strong Unit Economics

Clear and visible path to profitability

Strong founders operating in large growing markets

Proven and scalable business model

Growth Equity Team

Adithya Bharadwaj

Vice President

Adithya is a member of investment team at Anicut Capital and is responsible for end-to-end deal cycle. With over a decade of experience spanning across venture investing and consulting, Adithya has invested across sectors such as technology, financial services, and healthcare and served as a board member in leading healthcare and semiconductor companies. He is a Chartered Accountant and holds a bachelor’s degree in commerce from the University of Madras

Growth Equity
Bangalore

Adithya Bharadwaj

Vice President

Arun Thathachari

Executive Director

Arun brings 15+ years of experience across investment banking, management consulting and corporate development. Prior to Anicut, Arun was Head of Corporate Development at Sulekha. Before that, he spent 7 years in IB in India and London with global firms including DC Advisory, Arma Partners and BoFA Merrill Lynch. Arun started his career with Deloitte Consulting in New York as a management consultant. He holds a BE in Electrical & Electronics Engineering from University of Madras, an MS in Industrial & Operations Engineering from the University of Michigan (Ann Arbor) and an MBA from NYU Stern School of Business.

Growth Equity
Chennai

Arun Thathachari

Executive Director

Arushi Maheshwari

Associate

Arushi is a member of the investment team at Anicut Capital's growth equity fund. After pursuing MBA from IIM Indore, she worked as a management consultant in the energy & utilities sector before advancing to a fund where she primarily assessed early-stage technology startups in fintech and SaaS space. Her career began as a technology analyst at Deloitte USI. Arushi holds a bachelor's degree from NIT Jaipur.

Growth Equity
Bangalore

Arushi Maheshwari

Associate

Ashvin Chadha

Managing Partner & Co-Founder

Ashvin is managing partner and member of Anicut Investment Committee. Ashvin is a career finance professional with two decades of experience across investment banking, private equity / angel investments and private credit. He has served on the Boards of several public and private companies. Ashvin completed his education from Wesleyan University and The London School of Economics.

All Capabilities
Delhi

Ashvin Chadha

Managing Partner & Co-Founder

Dhruv Kapoor

Partner

Dhruv is a partner in the investment team. Prior to joining Anicut, Dhruv was a partner at Sistema Asia Capital, a $120M early growth VC where he led investments in Licious, LendingKart, Kissht, amongst others. Prior to Sistema, Dhruv was at Helion Ventures, $600M VC where he was involved in >15 investments. Dhruv started his career with ABN Amro Bank in operations and worked with McKinsey & Co. Dhruv is an undergrad from Delhi University and has completed MBA from Symbiosis International University.

Growth Equity
Delhi

Dhruv Kapoor

Partner

I A S Balamurugan

Managing Partner & Co-Founder

Bala is managing partner and member of Anicut Investment Committee. Career banker with 27 years of experience in commercial banking, private wealth management and private credit. He has also served in credit committees and board of several companies. Bala completed his education in Engineering and MBA from Madurai Kamaraj University.

All Capabilities
Chennai

I A S Balamurugan

Managing Partner & Co-Founder
STAY UPDATED
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

You'll receive occasional emails from Anicut. You always have the choice to unsubscribe within every email.

©2023 Anicut Capital LLP
Website built with <3 by Orange Yak
Privacy