Anicut Capital

Anicut Capital is an asset management firm headquartered in Chennai, India, established in the mid-2010s by professionals with backgrounds in commercial, private, and investment banking. It focuses on debt financing for consumer goods companies across India and also engages in venture investments across sectors including consumer-focused services, media, retail, information technology, the Internet of Things, and software as a service.

Ajay Anand

Partner

I A S Balamurugan

Co-Founder and Managing Partner

Ilayaarunachalam Balamurugan

Co-Founder, Managing Partner and Member of Investment Committee

IAS Balamurugan

Managing Partner

Adithya Bharadwaj

Vice President

Past deals in Beer

Bira 91

Series B in 2019
Founded in 2015, Bira 91 is a craft beer brand that initially manufactured its products in Belgium before establishing breweries in India. Today, it operates five breweries across the country and distributes its beers in over 600 towns and cities across 18 countries. Bira 91 offers a variety of beer styles made from wheat, barley, and hops, available in draft, bottles, and cans.

Bira 91

Debt Financing in 2019
Founded in 2015, Bira 91 is a craft beer brand that initially manufactured its products in Belgium before establishing breweries in India. Today, it operates five breweries across the country and distributes its beers in over 600 towns and cities across 18 countries. Bira 91 offers a variety of beer styles made from wheat, barley, and hops, available in draft, bottles, and cans.

Bira 91

Series B in 2019
Founded in 2015, Bira 91 is a craft beer brand that initially manufactured its products in Belgium before establishing breweries in India. Today, it operates five breweries across the country and distributes its beers in over 600 towns and cities across 18 countries. Bira 91 offers a variety of beer styles made from wheat, barley, and hops, available in draft, bottles, and cans.

Bira 91

Debt Financing in 2017
Founded in 2015, Bira 91 is a craft beer brand that initially manufactured its products in Belgium before establishing breweries in India. Today, it operates five breweries across the country and distributes its beers in over 600 towns and cities across 18 countries. Bira 91 offers a variety of beer styles made from wheat, barley, and hops, available in draft, bottles, and cans.
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