Anicut Capital

Anicut Capital, established in 2016, is a Chennai-based asset management firm specializing in debt financing for consumer goods companies across India. Founded by seasoned professionals with extensive backgrounds in commercial and investment banking, the firm provides tailored debt solutions to support the growth and expansion of its clients in the consumer goods sector.

Ajay Anand

Partner

Ilayaarunachalam Balamurugan

Co-Founder, Managing Partner and Member of Investment Committee

IAS Balamurugan

Managing Partner

Adithya Bharadwaj

Vice President, Growth Equity

Dhruv Kapoor

Partner, Growth Equity

Veenu Mittal

CFO

Harsh Mohan

Associate, Seed Fund

Ankita Poddar

Senior Associate, Private Credit

Dhruv Ranjan

Associate Vice President, Seed Fund

I A S Balamurugan

Co-Founder and Managing Partner

A. Jayaseelan

Partner, Private Credit

Past deals in Commodities

Wheelocity

Debt Financing in 2024
Wheelocity is a supply chain network dedicated to addressing India's malnutrition issue by minimizing food waste through innovative, technology-driven solutions. Founded in 2021, the company has established itself as a leading provider of fresh supply chain solutions, processing nearly 700 tonnes of fresh food daily across a network that spans the entire country. Wheelocity aims to reshape the fresh produce market by integrating various components of the supply chain, including collection centers, distribution centers, and logistics, to create an efficient and optimized ecosystem for perishable goods such as fruits, vegetables, dairy, poultry, and meat. By leveraging advanced technologies like artificial intelligence and the Internet of Things, Wheelocity enhances transparency and efficiency in its operations, facilitating a faster and more sustainable process for delivering food from farms to consumers. Ultimately, the company’s mission is to eliminate food waste and combat hunger through effective management of supply chain resources.

Wheelocity

Series A in 2024
Wheelocity is a supply chain network dedicated to addressing India's malnutrition issue by minimizing food waste through innovative, technology-driven solutions. Founded in 2021, the company has established itself as a leading provider of fresh supply chain solutions, processing nearly 700 tonnes of fresh food daily across a network that spans the entire country. Wheelocity aims to reshape the fresh produce market by integrating various components of the supply chain, including collection centers, distribution centers, and logistics, to create an efficient and optimized ecosystem for perishable goods such as fruits, vegetables, dairy, poultry, and meat. By leveraging advanced technologies like artificial intelligence and the Internet of Things, Wheelocity enhances transparency and efficiency in its operations, facilitating a faster and more sustainable process for delivering food from farms to consumers. Ultimately, the company’s mission is to eliminate food waste and combat hunger through effective management of supply chain resources.

Wheelocity

Series A in 2022
Wheelocity is a supply chain network dedicated to addressing India's malnutrition issue by minimizing food waste through innovative, technology-driven solutions. Founded in 2021, the company has established itself as a leading provider of fresh supply chain solutions, processing nearly 700 tonnes of fresh food daily across a network that spans the entire country. Wheelocity aims to reshape the fresh produce market by integrating various components of the supply chain, including collection centers, distribution centers, and logistics, to create an efficient and optimized ecosystem for perishable goods such as fruits, vegetables, dairy, poultry, and meat. By leveraging advanced technologies like artificial intelligence and the Internet of Things, Wheelocity enhances transparency and efficiency in its operations, facilitating a faster and more sustainable process for delivering food from farms to consumers. Ultimately, the company’s mission is to eliminate food waste and combat hunger through effective management of supply chain resources.

Wheelocity

Debt Financing in 2022
Wheelocity is a supply chain network dedicated to addressing India's malnutrition issue by minimizing food waste through innovative, technology-driven solutions. Founded in 2021, the company has established itself as a leading provider of fresh supply chain solutions, processing nearly 700 tonnes of fresh food daily across a network that spans the entire country. Wheelocity aims to reshape the fresh produce market by integrating various components of the supply chain, including collection centers, distribution centers, and logistics, to create an efficient and optimized ecosystem for perishable goods such as fruits, vegetables, dairy, poultry, and meat. By leveraging advanced technologies like artificial intelligence and the Internet of Things, Wheelocity enhances transparency and efficiency in its operations, facilitating a faster and more sustainable process for delivering food from farms to consumers. Ultimately, the company’s mission is to eliminate food waste and combat hunger through effective management of supply chain resources.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.