India's Anicut Capital closes $36m equity continuum fund for IPO-ready startups

India's Anicut Capital closes $36m equity continuum fund for IPO-ready startups

Alternative financing firm Anicut Capital has closed its maiden late-stage equity continuum fund of Rs 300 crore ($36 million), to invest in companies preparing for an IPO within the next 2-4 years, the firm said in a statement. The fund will invest in 5-6 existing portfolio companies.

Edited by: Pramod Mathew