Anicut Capital
Venture capitalNew Delhi · Pre-Seed–Late Stage · 39 people tracked
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.
Team · 39 people
from the firm's website & curated & public directoriesWhat they invest in
from 31 of 88 portfolio companiesAI & Machine Learning ×9Consumer ×8FoodTech ×8Deep Tech ×7Direct to Consumer ×7E-commerce ×6Fintech ×5SaaS ×5
HQs:India×23United States×1
Who they back
founder profiles across 15 portfolio companiesFounding team size:solo founder×82 founders×64+ founders×1
Investments · 88 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 22023 · 22022 · 16 dated
Securing the world's data
Palo Alto, US
Bipul Sinha(Co-Founder, Chairman & Chief Executive Officer)Arvind Nithrakashyap(Co-Founder, Chief Technology Officer & Director)Arvind Jain(Co-Founder (former; departed to found Glean))Soham Mazumdar(Co-Founder (former))Kiran Choudary(Chief Financial Officer)Jesse Green(Chief Revenue Officer)
Co-investorsBain Capital VenturesChamaeleonEngineering CapitalEQUIAMEvolution VC PartnersFelicis Ventures+15 more
Agnikul builds low-cost orbital launch vehicles powered by single-piece 3D-printed semi-cryogenic engines, offering dedicated small-payload launches from a mobile launchpad.
Deep TechHardwareSpace Tech
Srinath Ravichandran(Founder)inMoin SPM(Founder)in
Co-investorsCelesta CapitalCelesta CapitalDholakia VenturesFundamental VCGlobevestorGolden Sparrow Ventures, Llc+9 more
Co-investorsChiratae Ventures
Co-investorsFirst ChequeSeraphim Space
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
Co-investorsPegasus India Evolving Opportunities Fund
Bewakoof is an online fashion and apparel retailer selling clothing and accessories for men and women, along with lifestyle products.
ConsumerDirect to ConsumerE-commerce
Co-investorsSpring Marketing CapitalInvestcorpIvyCap Ventures
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)Aparna Andrews(Co-founder)
Co-investorsAlteria Capital
Integrated one-stop platform for supply of precision components focused on automotive and industrial manufacturing.
Co-investorsAxilor VenturesFirst Cheque
One of India's fastest growing pharmaceutical companies focused on dermatology and pediatric segments.
Co-investorsChrysCapital
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
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 Ventures
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
Co-investorsDholakia VenturesFalconX VenturesLVX VenturesMela VenturesSeraphim SpaceUpsparks Capital+1 more
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 FoundersGemba Capital Venture PartnersEndiya PartnersStride VenturesVenture Highway
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(Co-founder)Trisha(Co-founder)Aridni Shah(CEO)inTrisha Chatterjee(Co-Founder and CTO)inDr. Aridni Shah(Co-Founder and CEO)in
Co-investorsEntrepreneur Firstpi Ventures3one4 Capital
InspeCity extends the operational lifespan of satellites to reduce orbital debris and support critical global infrastructure.
Climate TechDeep TechIoTRoboticsSpace TechMumbai, IN
Co-investorsShastra VC
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)Raghuveer Allada(Founder)
Co-investorsSpring Marketing Capital
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
Co-investorsEmphasis VenturesHelios Digital VenturesInsight Partners
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 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•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
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
Co-investorsElevation Capital
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
ToneTag provides a sound-based, proximity payment protocol that lets businesses accept transactions across retail, transit, mobility, kiosks, wearables, and other IoT devices, including voice-first agentic AI payments and offline edge-based processing.
AI & Machine LearningFintechIoT
Co-investorsElevate Innovation PartnersIron Pillar3one4 Capital
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
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 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
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)Panneerselvam(Co-Founder & MD)
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
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
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
Co-investorsInvestcorp
Exits · 1
IPOs and acquisitions across the tracked portfolioRubrikNYSE: RBRK
Portfolio news
latest coverage across their companiesClairco · inc42.com · Aug 31, 2026
Wheelocity · elevarequity.com · Aug 28, 2026
GalaxEye · officechai.com · Aug 22, 2026
Khetika · retail.economictimes.indiatimes.com · Aug 20, 2026
Grip Invest · businessnewsthisweek.com · Aug 19, 2026
Milky Mist · indianretailer.com · Aug 18, 2026
Unico Housing Finance · indiatoday.in · Aug 14, 2026
Vyapar · indianpharmapost.com · Aug 14, 2026
Frequently asked questions
- How many investments has Anicut Capital made?
- Anicut Capital has 83 tracked investments, 1 of which have exited via acquisition or IPO.
- 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, Lightspeed Venture Partners, Mayfield Fund, among 72 tracked co-investors.
Media · Podcasts & interviews
featuring the teamIAS 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
Co-investors · 8
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.
Lightspeed is a global venture capital firm that has spent over two decades backing innovative companies as an early and first investor.
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.
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.
Peak XV Partners is a multi-stage venture capital firm that partners with founders from seed through venture and growth stages.
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.
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.
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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