🦊/Investors

Anicut Capital

Venture capital

New Delhi · Pre-Seed–Late Stage · 39 people tracked

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2,312 people in our graph share verified history with the Anicut Capital team — schools, employers, funds. One of them is your warm intro.

Martin Mignotunlockedknows Amrutha Upendran · together at Sciences Po (overlapped)
knows the team · via ABN AMRO
×2knows the team · via University of Michigan
×4knows the team · via BNP Paribas
×2knows the team · via McKinsey & Company
knows the team · via Bank of America Merrill Lynch
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Investment thesis

Anicut Capital focuses on identifying impactful, scalable, and innovative business ideas and connecting them with the capital needed to grow. The firm backs driven entrepreneurs across all stages of growth, from startups to established businesses, offering flexible debt and equity solutions. It emphasizes building lasting, trust-based partnerships and providing strategic guidance throughout the entrepreneurial journey, supported by an experienced team.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
Check
$385K – $12M
HQ
New Delhi, IN
Leads rounds
Follows
Instruments
Equity · Debt
Founded
2015
Last 12 months
4 investments
AUM
$420M
Tracked investments
101
Unicorns
1
IPOs
1

Team · 39 people

from the firm's website & curated & public directories
Gayathri S· Manager
A. Jayaseelan· President𝕏
Karunamoorthi Rajangam· Vice President
Pranav Visvesh· Associate

What they invest in

from 44 of 101 portfolio companies

Consumer ×15Direct to Consumer ×12E-commerce ×11AI & Machine Learning ×10FoodTech ×9Fintech ×8Deep Tech ×7Enterprise Software ×6

HQs:India×33United States×1

Who they back

founder profiles across 22 portfolio companies
64%
solo founders
14 of 22 mapped founding teams
36%
repeat founders
of 25 founders with career history

Founding team size:solo founder×142 founders×74+ founders×1

Where their founders studiedfrom 23 founders with education data

Indian Institute of Management Ahmedabad ×3Indian Institute of Technology, Bombay ×2Indian Institute of Technology, Madras ×2Osmania University ×2University of Illinois Urbana-Champaign ×2University of Mumbai ×2

What their founders studiedfrom 24 founders with field-of-study data

Engineering ×12Business & Management ×7Computer Science ×5Finance & Accounting ×2

1 founders hold a PhD · 6 hold an MBA (of 24 with degree data)

Investments · 101 tracked

founders shown can be your intro path

By year:2026 · 22025 · 62024 · 32023 · 62022 · 52021 · 42020 · 127 dated

Rubrikrubrik.comin𝕏NYSE: RBRK

Securing the world's data

Palo Alto, US

Bipul Sinha(Co-Founder, Chairman & Chief Executive Officer)inArvind Nithrakashyap(Co-Founder, Chief Technology Officer & Director)inArvind Jain(Co-Founder (former; departed to found Glean))inSoham Mazumdar(Co-Founder (former))inKiran Choudary(Chief Financial Officer)inJesse Green(Chief Revenue Officer)in

Co-investorsAccess Ventures (New York)Bain Capital VenturesChamaeleonEngineering CapitalEQUIAMEvolution VC Partners+16 more

Agnikulagnikul.inin𝕏

Agnikul Cosmos designs and manufactures orbital-class launch vehicles, including 3D-printed rocket engines, to provide customizable small-satellite launch services.

Deep TechHardwareSpace TechChennai, IN

Srinath Ravichandran(Founder)inMoin SPM(Founder)in

Co-investorsSpeciale InvestCelesta CapitalCelesta CapitalDholakia VenturesFundamental VCGlobevestor+9 more

Aknamedaknamed.comJul 2021 · $9M

Aknamed operates a cloud-based supply chain platform for hospitals in India, helping them consolidate procurement, monitor consumption, and optimize working capital across a national warehousing and delivery network.

B2B MarketplacesHealthtechLogistics & Supply Chain

Artium Academyartiumacademy.comin𝕏

Co-investorsChiratae Ventures

Attronattronautomotive.comin𝕏Seed · Jun 2023 · $580K

Atron Automotive manufactures power series solutions (Alpha, Beta, Gamma, Delta, and Custom Series) for electric vehicles, industrial machinery, and agricultural equipment.

Advanced ManufacturingCleantechDefense TechHardwareMobility & TransportationPune, IN

Mosam Ugemuge(Founder)in

Co-investorsPegasus India Evolving Opportunities FundVenture CatalystVenture Catalysts

AXISCADESaxiscades.comin𝕏

Axis Cades is a publicly traded company in India that provides engineering and technology solutions.

Deep TechDefense TechDeveloper ToolsEnterprise SoftwareSemiconductorsIndia, IN

Bewakoofbewakoof.comin

Bewakoof is an online fashion and apparel retailer selling clothing and accessories for men and women, along with lifestyle products.

ConsumerDirect to ConsumerE-commerce

Prabhkiran Singh(Founder)in

Co-investorsSpring Marketing CapitalInvestcorpIvyCap Ventures

Biryani Bluesbiryaniblues.comin𝕏

Biryani Blues (Thea Kitchen Private Limited) is a quick-service restaurant chain in India serving Hyderabadi dum-style biryani, packaged in earthen handis.

ConsumerFoodTechMarketplacesHyderabad, IN

Raymond Andrews(Co-founder)inAparna Andrews(Co-founder)in

Co-investorsAlteria Capital

Burger Singhburgersinghonline.comin𝕏Pre-Seed · Dec 2023 · $350K

Burger Singh (a unit of Tipping Mr Pink Pvt Ltd) is a quick-service restaurant chain that makes affordable, large burgers with Indian spices and flavours.

ConsumerFoodTech

Kabir Jeet Singh(Founder)Nitin Rana(Co-founder)Rahul Seth(Co-founder)inAjaypal Rathore(Director Finance)inAyush Kumar(Head of Operations and Supply Chain)

Co-investorsLVX VenturesSprint VcMumbai Angels

Claircoclairco.inin

Clairco provides IoT sensors, AI-powered dashboards, and HVAC optimization solutions for indoor air quality management and energy efficiency in buildings.

AI & Machine LearningCleantechClimate TechEnergyIoTPropTechBengaluru, IN

Aayush Jha(CEO)in

CynLrcynlr.comin

CynLr builds a hardware and software machine-vision platform ("Object Intelligence") that lets robots see, grasp, and orient unknown objects without pre-training, and offers robotic systems such as CyRo, CyNoid, and Mantroid for manufacturing and logistics.

Advanced ManufacturingAI & Machine LearningRobotics

Gokul N A(Founder)in

Co-investorsAthera Venture PartnersIIMA VenturesMerak VenturesPavestoneRedstart LabsSpeciale Invest

Enmovilenmovil.aiin

Enmovil builds an AI intelligence layer that sits over enterprises' existing ERP, TMS, and WMS systems to unify data and make operational supply-chain decisions—such as dispatch, load-matching, inventory repositioning, and carrier selection—delivered through chat or voice in tools like Teams, Slack, and Excel.

AI & Machine LearningEnterprise SoftwareLogistics & Supply Chain

Nanda Dharmavaram(Founder)in

Co-investorsCapria VenturesSorin Investments

ePlaneeplane.comin

ePlane AI provides a modular agentic AI platform with agents for decision-making, inventory optimization, RFQ email automation, and operations planning, built on experience automating aviation operations.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsBrilliance VenturesLVX VenturesAntares Ventures Pte. Ltd.Speciale Invest

Equirusequirus.comin𝕏Feb 2025

Equirus is an investment bank with over 18 years of experience offering investment banking, capital markets, fixed income, wealth management, and institutional equities services for corporate and institutional clients in India.

Enterprise SoftwareFintech

Co-investorsNewRadioVentureAstir Ventures

GalaxEyegalaxeye.spacein𝕏Dec 2022 · $3.5M

GalaxEye builds satellites and Earth Observation systems, including OptoSAR imagery that combines optical and radar data to deliver imaging regardless of weather, time, or terrain.

AI & Machine LearningDeep TechHardwareSpace Tech

Suyash Singh(Founder)inRakshit Bhatt(Founder)inSatya Chakravarthy(Founder)inKishan Thakkar(Founder)in

Co-investorsDholakia VenturesFalconX VenturesLVX VenturesMela VenturesSeraphim SpaceUpsparks Capital+1 more

Goodmeltsgoodmelts.coOct 2025

Good Melts sells flame-free home fragrance products, including handcrafted ceramic "Aura" electric wax warmers with auto-off timers and soy-based scented wax melts.

ConsumerDirect to ConsumerE-commerce

Vincy Saini(Founder)in

Co-investorsTDV Partners

Grip Investgripinvest.inin𝕏Series A · Jan 2024 · $10M

Grip is an Indian investment platform offering fixed-income products including secured bonds, securitised debt instruments (SDIs), corporate fixed deposits, and curated baskets with fixed returns of up to 12.5% p.a.

FintechNew Delhi, IN

Co-investorsAdvantedge FoundersEndiya PartnersGemba Capital Venture PartnersStride VenturesVenture Highway

Hair Originalshairoriginals.comSeed · Dec 2022 · $1.3M

HairOriginals sells human-hair extensions, wigs, volumizers, scalp toppers, hair patches and related accessories for women and men, offering at-home trials and in-store experience centers.

ConsumerDirect to ConsumerE-commerceGurgaon, IN

Jitendra Sharma(Founder)

Co-investorsJITO Angel NetworkShe Capital

Immunitoaiimmunitoai.cominNov 2025 · $6.1M

Immunito AI is an in-silico antibody discovery company that combines artificial intelligence with an in-house biological lab to speed up and improve the discovery of antibodies.

AI & Machine LearningBiotechDeep TechMedical DevicesBangalore, IN

Aridni Shah(CEO)inTrisha Chatterjee(Co-Founder and CTO)inDr. Aridni Shah(Co-Founder and CEO)in

Co-investorsEntrepreneur Firstpi Ventures3one4 Capital

Inspecityinspecity.comin𝕏

InspeCity extends the operational lifespan of satellites to reduce orbital debris and support critical global infrastructure.

Climate TechDeep TechIoTRoboticsSpace TechMumbai, IN

Dr. Tausif Shaikh(Founder)in

Co-investorsShastra VCSpeciale Invest

Khetikakhetika.comin𝕏Jul 2025 · $18M

Khetika is a consumer food brand selling stoneground powdered and whole spices, dry fruits, nuts, seeds, makhana, and stone-ground idli/dosa batters and chutneys.

ConsumerDirect to ConsumerFoodTechMumbai, IN

Raghu Allada(Founder)inRaghuveer Allada(Founder)in

Co-investorsSpring Marketing CapitalSIDBI Venture Capital

Kissflowkissflow.comin𝕏

Kissflow is a low-code application platform that enables enterprises to build custom apps with built-in integrations to core business systems without writing code.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareFuture of WorkSaaS

Suresh(Founder & CEO)

Kytchenskytchens.inin

Kytchens operates a multi-brand cloud kitchen network in Mumbai, providing F&B brands with kitchen infrastructure, staffing, regulatory compliance, aggregator management, packaging, and marketing support.

FoodTechLogistics & Supply ChainMumbai, IN

Naman Shrimal(Founder)in

Lendingkartlendingkart.comin𝕏

Lendingkart is a lending platform providing loans; this page contains corporate governance documents such as board policies, director information, and related party transaction policies.

Fintech

Co-investorsBertelsmann India InvestmentsFullerton Financial HoldingsIndia QuotientMayfield FundSaama CapitalMayfield India+2 more

Leumasleumasware.comin𝕏Pre-Seed · May 2023 · $850K

Leumasware provides on-demand contract manufacturing of nutraceuticals, health foods, and personal care products with custom formulation and ready-made formulation bases.

Advanced ManufacturingAgTechAI & Machine LearningDeep TechHealthtechRoboticsRamnagara, IN

Co-investorsCapital2BCapital-A

Maniv Mobilitymaniv.comin𝕏Aug 2026

Maniv is a venture capital firm focused on mobility, investing in companies across transportation, automotive, and logistics, including energy transition, new vehicle platforms, and the digitization of physical industry.

Mobility & Transportation

Olaf Sakkers(Founder)

Co-investorsAlliance VenturesBeyond1435 GmbHDeutsche Bahn Digital VenturesAlteria CapitalClaypond CapitalElev8 Venture Partners+5 more

MasterChowmasterchow.inSeed · May 2022 · $1.2M

MasterChow makes restaurant-style Asian cooking products—including sauces, noodles, chilli oils and pantry staples—for home cooks to recreate bold Asian flavours in their own kitchens.

Direct to ConsumerE-commerceFoodTech

Bhavika KapoorVidur Kataria(Founder)inSidhanth Madan(Founder)inRadhika

Co-investorsPeak XV PartnersTanglin Venture PartnersWEH Ventures

Milky Mistmilkymist.comin

Milky Mist is a dairy food company that produces value-added dairy products including cheese, paneer, butter, yogurt, ghee, and ice cream, as well as frozen foods and ready-to-eat products sold under multiple brands.

ConsumerFoodTechErode, IN

Sathishkumar T(Chairman and Managing Director)Anitha S(Whole Time Director)

P-TALptal.inOct 2023

P•TAL is a cookware and homeware brand that makes handcrafted brass, copper, and bronze kitchen products, inspired by Ayurvedic wellness traditions.

ConsumerDirect to ConsumerE-commerce

Co-investorsConnecticut InnovationsRainmatterTitan CapitalVenture Catalysts

Protouchprotouchskin.comin

PROTOUCH is a direct-to-consumer beauty and personal-care brand selling at-home devices and cosmetic products, including hair styling and growth tools, LED facial masks, skin-lift and dermaplaning devices, teeth-whitening products, and serums.

ConsumerDirect to ConsumerE-commerce

Co-investorsDholakia VenturesGVFL Ltd.

Samunnatisamunnati.comin𝕏

Samunnati is an Indian agri enterprise that strengthens the agricultural value chain by combining trade, embedded finance, and climate-smart services for smallholder farmers, farmer producer organizations, agri-enterprises, and SMEs.

AgTechFintechImpact & Social Good

Anilkumar SG(Founder)in

Co-investorsAccelCeniarthElevar EquityAlteria CapitalCredit SaisonEquitane+1 more

Snapmintsnapmint.com𝕏Oct 2022 · $21M

Snapmint operates an online shopping platform where customers can buy consumer products such as irons and garment steamers and pay in monthly installments through 0% EMI options.

ConsumerE-commerceFintechRetail Tech

Abhineet Sawa(Founder)inAnil Gelra(Founder)in

Co-investorsElev8 Venture PartnersGeneral AtlanticKae CapitalPegasus India Evolving Opportunities FundNorthern Arc Capital

SportVotsportvot.comin

SportVot offers a cloud-based live sports production studio that supports multi-camera streaming, live scoring, real-time statistics, animated graphics, remote commentary, and automated highlights across 30+ sports.

Cloud ComputingMedia & EntertainmentSaaSSports Tech

Yash Bhagwatkar(Founder)inShubhangi Gupta(Founder)in

Co-investorsAnkur CapitalSucSEED IndovationCapital-A

Sugarsugarcosmetics.comin𝕏

SUGAR Cosmetics is a beauty brand offering makeup and skincare products aimed at women.

ConsumerDirect to ConsumerE-commerce

Kaushik Mukherjee(Founder)inVineeta Singh(Founder)in

Co-investorsCapria VenturesElevation CapitalIndia Quotient

SwagEazyswageazy.comin𝕏

Swageazy is a platform for creating and distributing branded company swag, letting teams choose packaging and items, upload logos for digital mockups, approve production, and track delivery.

E-commerceLogistics & Supply ChainSaaSGurgaon, IN

Sneh Setu(Founder)in

The Ayurveda Experiencetheayurvedaexperience.com𝕏Mar 2024 · $27M

iYURA is a personal care brand offering natural, Ayurveda-based skincare and wellness products formulated with traditional herbal ingredients.

ConsumerDigital HealthDirect to ConsumerE-commerceEdTechHealthtechWellness & Fitness

Cate Stillman(Founder)

Co-investorsFireside Ventures Advisory LlpJungle VenturesSeafundSharrp Ventures

ToneTagtonetag.comin𝕏

Tonetag designs and manufactures IoT payment terminal devices that enable merchants to accept multiple payment methods including UPI, QR codes, and tap payments.

AI & Machine LearningFintechHardwareIoT

Co-investorsElevate Innovation PartnersIron Pillar3one4 Capital

Typotypoapp.io

Typo provides AI-powered engineering insights and automated code reviews for software development teams, integrating with existing developer tools to improve code quality, developer experience, and software delivery speed.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaS

KshitijVarun

Co-investorsFirst ChequeSupermorpheusUpsparks Capital

Unicounico.ioSep 2025

Unico builds identity verification technology, with a focus on digital onboarding.

Co-investorsbig_betsSoftbank Latin America FundUC IMPOWER

Unico Housing Financeunicohousingfinance.comin𝕏Aug 2026

Unico Housing Finance provides home construction loans for residential purposes, offering financial assistance to help individuals build homes with features including tax benefits, flexible eligibility, and quick approvals.

FintechInsurTechPropTechChennai, IN

Co-investorsUC IMPOWER

Uravu Labsuravulabs.cominMar 2023 · $2.3M

Uravu develops water extraction technology using proprietary liquid salts to harvest moisture from air, serving water-stressed regions with scalable on-site and industrial solutions.

Advanced ManufacturingCleantechClimate TechDeep TechHardwareBangalore, IN

Co-investorsAmritam HoldingsEcho River CapitalJITO Angel NetworkRocketship.vcSpeciale Invest

Uzhavarbumiuzhavarbumi.comin𝕏May 2023 · $860K

Uzhavarbumi supplies fresh dairy products including milk, ghee, and honey, sourced from local farmers and sold directly to consumers in Tamil Nadu, India.

AgTechConsumerDirect to ConsumerFoodTechChennai, IN

Vetrivel Palani(Founder & CEO)inPanneerselvam(Co-Founder & MD)

Vyaparvyapar.comin𝕏

Vyapar is a billing, invoicing, inventory, and accounting software for small and medium-sized businesses, available as a free Android app and a desktop application.

FintechRetail TechSaaS

Co-investorsAxilor VenturesIndia QuotientWestBridge Capital

Wheelocitywheelocity.comin

Wheelocity operates supply chain and distribution networks (starting with fruits and vegetables) to reach consumers and households in rural India (Bharat).

E-commerceFoodTechLogistics & Supply Chain

Selvam VMS(Founder)in

Co-investorsLightspeed Venture PartnersMagnum

Wingreenswingreensworld.comin

Wingreens World is a food and beverage company offering fresh dips, sauces, beverages, breakfast products, and snack items sold under multiple house-of-brand labels including Wingreens Farms, Raw Pressery, Wingreens Harvest, and Saucery.

ConsumerDirect to ConsumerFoodTechWellness & FitnessDelhi, IN

Omar Srivastava(Founder)in

Co-investorsInvestcorpLok Capital

Zingavitazingavita.comPre-Seed · Feb 2021 · $410K

Zingavita is a direct-to-consumer wellness brand that sells Ayurveda-based nutritional supplements, including Shilajit products, multivitamins, ashwagandha, and curcumin in convenient formats like effervescent tablets, honey sticks, and softgels.

ConsumerDirect to ConsumerWellness & FitnessGurgaon, IN

Sachin Goel(Founder)

Zypp Electriczypp.appin𝕏Series A · Sep 2021 · $7M

Zypp Electric is an India-based EV rental platform that rents electric scooters and loaders to gig-economy delivery workers, providing IoT-enabled vehicles, battery-swapping infrastructure, and 24/7 support.

CleantechLogistics & Supply ChainMobility & Transportation

Akash Gupta(Founder)in

Co-investorsChakra Growth FundDholakia VenturesLVX VenturesRiso CapitalShell FoundationSprint Vc+6 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Akna MedicalAssemblyAstrogate LabsAzureBatteryPoolBiraBlue TokaiBlue Tokai Coffee RoastersBlueBinariesBurgeramaBytePeCaffeine based self care brandCapgridCharge upCremicaCuratio HealthcareDaryaganjEarthlingEco-beauty brandEpigamiaFoodstrongHair extensions brandIllumine-iImpresario Handmade RestaurantsInternet-first food tech brandJana Holdings Ltd.Kaynes TechnologiesLogistackLuker Electric TechnologiesM2P FintechManna FoodsModefinNew age kitchenware brandNiraamayaNutraceuticals brando3 CapitalOndoorOorja EnergyQuickshiftSaltySedna HoReCaSFO TechnologiesShield HealthcareSilver and gold jewellery brandSuperZopSustainability oriented footwear brandTAOTechware SystemsTimla FoodsUmmeed Housing FinanceWaycoolWow MomoXYXXYaantra

Exits · 1

1 IPOs

RubrikNYSE: RBRK

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Anicut Capital made?
Anicut Capital has 101 tracked investments, 1 of which have exited, including 8 dated in the last 24 months.
What stage does Anicut Capital invest at?
Anicut Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is Anicut Capital's typical check size?
Anicut Capital typically writes checks of $385K – $12M.
What sectors does Anicut Capital focus on?
Anicut Capital focuses on Consumer, E-commerce, FoodTech, Healthtech, Sector Agnostic.
Where is Anicut Capital located?
Anicut Capital is headquartered in New Delhi, IN.
Does Anicut Capital lead rounds?
Anicut Capital typically participates in rounds rather than leading them.
Who does Anicut Capital co-invest with?
Anicut Capital most often shares deals with First Cheque, India Quotient, Lightspeed Venture Partners, among 76 tracked co-investors.

Media · Podcasts & interviews

featuring the team

IAS Balamurugan On Anicut Capital Fund Raise & Growth Roadmap | Startup Street | CNBC-TV18

CNBC-TV18 · IAS Balamurugan

Anicut Capital's Ashvin Chadha Shares Their Investment Plans | Startup Street | CNBC-TV18

CNBC-TV18 · Ashvin Chadha

Backing the best D2C companies with Debt & Equity Funding | Ashvin Chadha, Anicut Capital

The Neon Show · Ashvin Chadha

Understanding Angel Investing | Ajay Anand | Dhruv Ranjan | Anicut Capital | The Startup Operator

The Startup Operator · Ajay Anand

Images

Anicut Capital photo

Co-investors · 8

Speciale Invest

Speciale Invest is an early-stage venture capital firm that backs deep tech startups, investing at pre-seed and seed stages and partnering closely with founders from the ideation phase.

$1M
Axilor Ventures

Axilor Ventures is an India-based venture capital firm backing early-stage technology startups across supply chain, enterprise SaaS, healthcare, and agriculture, operating SEBI-registered technology funds.

Both backed · 3
VyaparCapgridQuickshift
Lightspeed Venture Partners

Lightspeed is a global venture capital firm that has spent over two decades backing innovative companies as an early and first investor.

Both backed · 2
$1.7M – $87M
Rocketship.vc

Rocketship.vc is a data-driven venture capital firm that uses data science and a large database of startup activity to identify and invest in promising companies globally.

Both backed · 2
$1M – $5M
Peak XV Partners

Peak XV Partners is a multi-stage venture capital firm that partners with founders from seed through venture and growth stages.

Both backed · 1
$100K – $10M
RTP Global

RTP Global is a venture capital firm that invests in technology founders building global companies, with an investment team present across the USA, Europe and Asia.

$1M – $15M
Venture Catalysts | India's First Integrated Incubator

An early-stage investment ecosystem that connects entrepreneurs with angel investors and institutional capital. Venture Catalysts organizes pitch events, provides deal screening and due diligence support, and facilitates syndicated investments across multiple sectors.

$25K – $2.7M

Firms observed investing alongside Anicut Capital, from public investor directories. Shared companies are the overlap with Anicut Capital's recorded portfolio.

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