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GRAND ANICUT FUND
ETtech Deals Digest: Startups raise $60 million this week, down 79% on-yearThe number of deals during the week was also down at just 19 transactions, compared to 34 in the corresponding week last year.- AI marketing platform Nitro Commerce secures $5 million from Cornerstone Ventures, othersThe startup uses artificial intelligence (AI) solutions to help consumer brands address challenges around customer acquisition, attribution...
- Wingreens Farms posts 50% jump in FY23 revenue at Rs 307 crore, loss doublesGurugram-based Wingreens Farms has shifted focus to offline channels to improve unit economics. Its FY23 expenses grew faster than revenue,...
- Third Wave Coffee lays off employees months after fundraiseThird Wave confirmed the layoffs to ET in a statement, saying that it was a “one-time restructuring exercise to consolidate our teams”.
- Anicut Capital receives over Rs 30 crore infusion from HDFC AMC’s Fund of FundsThe Chennai-based fund added that the funding would be deployed through its equity fund, Grand Anicut Fund 3, which was launched in June 20...
- Anicut Capital picks up over $6 million from SIDBI startup fundSIDBI is an existing investor in Anicut Capital and has invested in both of its debt funds. The bank had invested Rs 140 crore (about $16.9...
- ETtech Deals Digest: tech slowdown continues, startup fundraising dropped 75% in January compared to last yearA majority of investments in January came for the late-stage startups, with $845 million being poured across 14 rounds.
- ETtech Deals Digest: Indian startups raised $565 million this week, PhonePe’s funding lifts gloomHere is a list of startups that got funded this week.
- Specialty coffee startup Blue Tokai raises $30 million in funding led by A91 PartnersBlue Tokai’s latest capital raise comes on the back of other new age specialty coffee firms also drawing increased consumer and investor in...
- Bhavik Koladiya sues Ashneer Grover; govt extends feedback deadline for draft gaming rulesKoladiya founded the fintech firm in 2017 with Shashvat Nakrani, his schoolteacher's son. In 2018, they began searching for a chief executi...
- Anicut Capital gets SEBI nod for Rs 1,500-cr debt fund"With the closure of Grand Anicut Fund 4 we are delighted to further strengthen our support to empower the Indian startup ecosystem. The pa...
- Anicut Capital announces first close of Opportunities Fund I at Rs 110 croreAnicut Capital has a portfolio of 72 startups including Bira and Wow! Momo
- Anicut Capital raises Rs 140 crore for second debt fund from SIDBIThe funds received from SIDBI is through the Fund of Funds for Startups (FFS) that was launched under the Startup India Initiative in Janua...
- Silver jeweler startup Giva raises $10 million from Sixth Sense, othersGiva has raised $10 million in funding in its Series A round. It also offers a range of designs in metals like 18K gold, Rose Gold, and oxi...
- With new ventures lined up for IPOs, more investors are looking at disruptive ideas: Anicut Capital"The ecosystem and its enablers have grown significantly and with new ventures lined up for IPOs in the coming years, investors are getting...
- Tamil Nadu seeks special package of Rs 1,000 cr to address water crisisPanneerselvam requested the Centre to release funds under the Pradhan Mantri Krishi Sinchai Yojana.
- Sebi nod for Anicut to raise Rs 1,000 croreAnicut had previously raised about Rs 400 crore for its first fund, which it has deployed fully across 18 investments over two years.
- Bira beer maker raises Rs 25 cr from Anicut CapThe company, in its latest filing with the Registrar of Companies, said it has issued 250 non-convertible debentures worth `10 lakh each to...
- Agrarian crisis: Farmers uncertain about future as yields failed to cover input costsA deficient monsoon coupled with low river-water inflow into the state has trapped farmers in the spiral of drought-induced economic depriv...
- Lendingkart raises Rs 30 crore through NCDs from Anicut Capital"The latest round of NCDs will further bolster our loan book and enable us to serve the credit need of many more SMEs, " Lunia said.
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