Anicut Capital

Anicut Capital, founded in 2016 and based in Chennai, is an asset management firm specializing in debt services for consumer goods companies across India. The firm is managed by seasoned professionals with extensive experience in commercial, private, and investment banking. Anicut Capital also oversees the Anicut Opportunities Fund I, a venture capital fund launched in 2022, which targets growth-stage companies. The fund typically invests between USD 2 million and USD 15 million in a select group of 10 to 15 companies, focusing on fostering growth and expansion within the consumer sector.

Kunal Davey

vice_president

I A S Balamurugan

Co-Founder and Managing Partner

Past deals in Indian Ocean

XYXX

Series C in 2023
XYXX is a manufacturer specializing in men's innerwear and loungewear, offering a diverse range of products including trunks, briefs, boxers, jockstraps, vests, pajamas, and t-shirts. The company focuses on fashion and comfort, utilizing naturally sourced, eco-friendly fabrics to create stylish items that stand out with vibrant colors, unique prints, and innovative designs. By prioritizing both aesthetics and functionality, XYXX aims to elevate everyday basics, providing customers with options that go beyond traditional offerings.

Uzhavarbumi

Venture Round in 2023
UzhavarBumi Agro Products Pvt Ltd, founded in July 2017, is a fresh dairy products company based in Chennai, India. UB's prime motive is to establish direct trade between local farmers and consumers. UB provides fresh dairy products including milk, ghee and honey. Today UB is on the Tamilnadu's leading brands, merchandising fresh dairy products.

SatSure

Series A in 2023
SatSure is a decision analytics company focused on enhancing crop insurance products and improving risk assessment for crop yields. By integrating climatic variables with geospatial and economic datasets, SatSure aims to provide accurate insights that address challenges related to food, water, and energy security. The company utilizes advancements in satellite technology, machine learning, and big data analytics to develop solutions that promote sustainability in these critical areas.

Wheelocity

Series A in 2022
Wheelocity is a supply chain network with the objective of resolving India's malnutrition issue by minimizing food wastage through technology-enabled supply chains for fresh commerce. Wheelocity is India's one of top providers of fresh supply chain solutions. Wheelocity aims to eliminate food waste and hunger by using a novel entrepreneurial and engineering-based approach to supply chains. Wheelocity is reshaping the architecture of the fresh produce market through supply networks powered by technology. Wheelocity, founded in 2021, has a network that spans all of India, processing almost 700 tonnes of fresh food daily. Our Vision Wheelocity is powered by innovation. We wish to deliver the finest available solutions to the supply chain business in order to expedite the process of getting food from the farm to your plate, hence addressing the issue of malnutrition by reducing food waste caused by supply chain mismanagement. Consequently, our mission is "To Eliminate Food Waste Using a tech-powered Supply Chain." What we do We have created an integrated network including Collection Centers, Distribution Centers, Dark stores, and first mile & mid mile logistics to establish a fast-moving and optimized supply chain for fresh produce such as fruits, vegetables, dairy products, poultry, and meat. We provide our clients with the resources and ecosystem they need to reduce costs, maintain quality, optimize inventory, maintain availability, scale and create maximum customer delight. How we do it Wheelocity utilizes a three-dimensional model, creating synergy between processes, networks, and technology to develop the most efficient and potent supply chain network. We use cutting-edge technologies, like AI and IoT to boost the transparency and efficacy of supply chains, while capitalizing on the synergy of our integrated networks and superior operational rigor to revolutionize India's approach to fresh commerce

Wheelocity

Debt Financing in 2022
Wheelocity is a supply chain network with the objective of resolving India's malnutrition issue by minimizing food wastage through technology-enabled supply chains for fresh commerce. Wheelocity is India's one of top providers of fresh supply chain solutions. Wheelocity aims to eliminate food waste and hunger by using a novel entrepreneurial and engineering-based approach to supply chains. Wheelocity is reshaping the architecture of the fresh produce market through supply networks powered by technology. Wheelocity, founded in 2021, has a network that spans all of India, processing almost 700 tonnes of fresh food daily. Our Vision Wheelocity is powered by innovation. We wish to deliver the finest available solutions to the supply chain business in order to expedite the process of getting food from the farm to your plate, hence addressing the issue of malnutrition by reducing food waste caused by supply chain mismanagement. Consequently, our mission is "To Eliminate Food Waste Using a tech-powered Supply Chain." What we do We have created an integrated network including Collection Centers, Distribution Centers, Dark stores, and first mile & mid mile logistics to establish a fast-moving and optimized supply chain for fresh produce such as fruits, vegetables, dairy products, poultry, and meat. We provide our clients with the resources and ecosystem they need to reduce costs, maintain quality, optimize inventory, maintain availability, scale and create maximum customer delight. How we do it Wheelocity utilizes a three-dimensional model, creating synergy between processes, networks, and technology to develop the most efficient and potent supply chain network. We use cutting-edge technologies, like AI and IoT to boost the transparency and efficacy of supply chains, while capitalizing on the synergy of our integrated networks and superior operational rigor to revolutionize India's approach to fresh commerce

Lemme Be

Seed Round in 2022
Lemme Be is a gender-inclusive period care brand focused on providing eco-friendly sanitary products made from organic cotton. The company aims to establish a global presence in the period care market by offering a diverse range of products, including pads, tampons, pantyliners, and menstrual cups. Lemme Be caters to the needs of both teens and adults, ensuring that individuals can find products that suit their unique bodies and menstrual flows. Through its commitment to sustainability and inclusivity, Lemme Be seeks to redefine period care for a broader audience.

Kytchens

Seed Round in 2022
Kytchens is a full-stack "Kitchen as a Service" platform that empowers F&B brands to expand their footprint across the country.

Neemans

Series B in 2022
is focused on redefining shoe industry in India using natural materials to create shoes which are super comfortable for all day wear.

MasterChow

Seed Round in 2022
MasterChow is a ready-to-cook Asian cuisine brand.

Earth Rhythm

Series A in 2022
Earth Rhythm is a personal care D2C brand that offers professional-grade products in haircare, skincare, and makeup lines.

Chargeup

Seed Round in 2022
Chargeup operates as a battery swapping network for e-rickshaws.

Neemans

Series A in 2021
is focused on redefining shoe industry in India using natural materials to create shoes which are super comfortable for all day wear.

Zingavita

Angel Round in 2021
Zingavita operates as a children's nutrition brand which is in the business of food supplements for kids. Zingavita creates a fabulous range of products that are deliciously healthy and super fun to consume

Grip

Seed Round in 2020
1. Grip lists curated investment leasing opportunities on its platform. Investors browse through the active assets to review financial details, lease terms and return expectations and identify the right investment opportunity 2. Investors choose the investment amount and confirm their interest 3. Investors make an online transfer of the committed amount to the dedicated bank account of the LLP 4. Grip continues to attract more co-investors for the active assets

Wow! Momo

Debt Financing in 2020
Wow! Momo is a chain of fast-food restaurants in India that specializes in momos. Wow Momo aims to become Kolkata and India's biggest chain of momos and to create lots and lots of jobs and achieve their dream of becoming a successful employee sensitive organization, where every team member has his upliftment and enjoys his work to the fullest.

Blue Tokai Coffee Roasters

Funding Round in 2020
Blue Tokai Coffee Roasters provides an online marketplace specifically to sell roasted coffee. Blue Tokai Coffee Roasters operates as a specialty coffee e-tailer for sourcing single-estate Arabica coffee beans from Indian coffee estates, roasts them on order bases, and delivers directly to customers, allowing customers to order online or visits their special retail stores. Blue Tokai Coffee Roasters was founded on 2012 and is based in Delhi, India.

Neemans

Seed Round in 2020
is focused on redefining shoe industry in India using natural materials to create shoes which are super comfortable for all day wear.

Bira 91

Series B in 2019
Bira 91 is a modern beer brand focused on delivering flavorful and diverse beer options to consumers. The company offers a strong portfolio that includes five distinct beers: Bira 91 White, a low bitterness wheat beer; Bira 91 Blonde, an extra hoppy craft lager; Bira 91 Light, a low-calorie lager; Bira 91 Strong, a high-intensity wheat beer; and Bira 91 “The IPA,” noted as the first IPA brewed and bottled in India. By providing a variety of craft beers, Bira 91 aims to cater to the evolving tastes of beer enthusiasts and contribute to a global trend that favors more colorful and flavorful drinking experiences.

Bira 91

Debt Financing in 2019
Bira 91 is a modern beer brand focused on delivering flavorful and diverse beer options to consumers. The company offers a strong portfolio that includes five distinct beers: Bira 91 White, a low bitterness wheat beer; Bira 91 Blonde, an extra hoppy craft lager; Bira 91 Light, a low-calorie lager; Bira 91 Strong, a high-intensity wheat beer; and Bira 91 “The IPA,” noted as the first IPA brewed and bottled in India. By providing a variety of craft beers, Bira 91 aims to cater to the evolving tastes of beer enthusiasts and contribute to a global trend that favors more colorful and flavorful drinking experiences.

Bira 91

Series B in 2019
Bira 91 is a modern beer brand focused on delivering flavorful and diverse beer options to consumers. The company offers a strong portfolio that includes five distinct beers: Bira 91 White, a low bitterness wheat beer; Bira 91 Blonde, an extra hoppy craft lager; Bira 91 Light, a low-calorie lager; Bira 91 Strong, a high-intensity wheat beer; and Bira 91 “The IPA,” noted as the first IPA brewed and bottled in India. By providing a variety of craft beers, Bira 91 aims to cater to the evolving tastes of beer enthusiasts and contribute to a global trend that favors more colorful and flavorful drinking experiences.

Yaantra

Debt Financing in 2018
Yaantra operates an online site to sell refurbished, unboxed, and preowned mobiles and services. The company sells smartphones; and accessories, such as power banks, usb cables, adaptors, and chargers. It also enables users to book mobile, tablet, and doorstep repair services, as well as check repair status. The company was founded in 2013 and is based in Delhi, India. Yaantra operates as a subsidiary of Gadgetwood eServices Pvt. Ltd.

PopiCorn

Debt Financing in 2018
PopiCorn is a ready-to-eat popcorn brand that has 6 different flavors. The company upgraded its production to a full-fledged factory as the demand increased manifold, making the brand grow exponentially. Popicorn aims to contribute to a proud legacy that India has and makes more and more people fall in love with this delicious, low calorie, easy access snack.

Bira 91

Convertible Note in 2017
Bira 91 is a modern beer brand focused on delivering flavorful and diverse beer options to consumers. The company offers a strong portfolio that includes five distinct beers: Bira 91 White, a low bitterness wheat beer; Bira 91 Blonde, an extra hoppy craft lager; Bira 91 Light, a low-calorie lager; Bira 91 Strong, a high-intensity wheat beer; and Bira 91 “The IPA,” noted as the first IPA brewed and bottled in India. By providing a variety of craft beers, Bira 91 aims to cater to the evolving tastes of beer enthusiasts and contribute to a global trend that favors more colorful and flavorful drinking experiences.

Bira 91

Debt Financing in 2017
Bira 91 is a modern beer brand focused on delivering flavorful and diverse beer options to consumers. The company offers a strong portfolio that includes five distinct beers: Bira 91 White, a low bitterness wheat beer; Bira 91 Blonde, an extra hoppy craft lager; Bira 91 Light, a low-calorie lager; Bira 91 Strong, a high-intensity wheat beer; and Bira 91 “The IPA,” noted as the first IPA brewed and bottled in India. By providing a variety of craft beers, Bira 91 aims to cater to the evolving tastes of beer enthusiasts and contribute to a global trend that favors more colorful and flavorful drinking experiences.

SUGAR Cosmetics

Venture Round in 2017
SUGAR Cosmetics manufactures and retails color cosmetics. The company offers lipsticks; eyeliners; foundations, face palettes, blushes, bronzers, highlighters, primers, translucent powders, cleansing water, and compact for face; nail lacquers; and cosmetics gift sets. It serves customers through its retail stores, as well as online. The company was founded in 2012 and is based in Mumbai, India.

Lendingkart

Debt Financing in 2017
Lendingkart Technologies Private Limited is a fintech company based in Ahmedabad, India, that specializes in providing working capital loans and other financing solutions for small and medium enterprises (SMEs). Founded in 2014, the company employs advanced technology and big data analytics to assess the creditworthiness of borrowers efficiently. Lendingkart offers a range of financial products, including business loans, MSME loans, and short-term loans, aimed at facilitating access to credit for small businesses in India. Its application, LENDINGKART, streamlines the loan application process, enabling users to receive loan sanctions quickly. With additional offices in Bengaluru and Mumbai, Lendingkart is focused on transforming small business lending by making it more accessible and convenient for entrepreneurs.