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Alternate investment firm Anicut Capital has announced the final close of its third private credit fund Grand Anicut Fund IV (GAF-IV) at INR 1,275 Cr (about $142 Mn).
The debt fund was oversubscribed against the firm’s initial target of raising INR 1,000 Cr to back startups across consumer, engineering services, SaaS, manufacturing, hospitality and shipbuilding sectors.
In a statement, Anicut said that the fund includes a GIFT City-based dollar feeder, which will enable global investors to…
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Alternate investment firm Anicut Capital has announced the final close of its third private credit fund Grand Anicut Fund IV (GAF-IV) at INR 1,275 Cr (about $142 Mn).
The debt fund was oversubscribed against the firm’s initial target of raising INR 1,000 Cr to back startups across consumer, engineering services, SaaS, manufacturing, hospitality and shipbuilding sectors.
In a statement, Anicut said that the fund includes a GIFT City-based dollar feeder, which will enable global investors to…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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