Multi-asset investment firm Anicut Capital said on Monday that it has raised $11 million through the GIFT City Structure for its third Private Credit Fund. Separately, Perceptyne, a deeptech, AI-first robotics startup, said it has raised $3 million in seed funding.
Anicut raises $11m for private credit fund
Multi-asset investment firm Anicut Capital has raised $11 million through the GIFT City Structure for its third Private Credit Fund.
Anicut’s fund looks to attract dollar-denominated investments into India from a diverse group of institutional investors, family offices, and high-net-worth individuals (HNIs) from key global markets including the US, UK, Europe, and the Middle East.
The funds are raised in the International Financial Services Centres Authority (IFSC), a statutory authority established by the Government of India to facilitate international investments.
The funds received via GIFT City Structure feed into the overall corpus of Rs 1,500 crore that Anicut Capital is currently raising for its third private credit fund. In private credit, Anicut has deployed Rs 3,200 crore to date across mid-sized enterprises since its inception.
Deeptech, AI-first robotics startup Perceptyne bags $3m
Perceptyne, a deeptech, AI-first robotics startup, said it has raised $3 million in seed funding.
The round was co-led by Endiya Partners and Yali Capital with participation from Whiteboard Capital and notable angels.
Perceptyne develops robotics solutions for tasks requiring human-like dexterity, such as product assembly and packaging. Their flagship products, PR-34D (dual-arm) and PR-9D (single-arm) robots, are equipped with AI, computer vision, multi-modal sensing, and highly articulate end-effectors, making them ideal for manufacturing and assembly line applications. The company’s focus is on building a full-stack robotics platform integrated with AI to enhance performance in industrial environments.
The funding will be used for accelerating product development, customer acquisition and growth, the company said in a statement.
