India Digest: UIV hits first close of Fund III; Anicut secures capital from SIDBI

India Digest: UIV hits first close of Fund III; Anicut secures capital from SIDBI

Unicorn India Ventures managing partners: L-Anil Joshi & R- Bhaskar Majumdar

Unicorn India Ventures (UIV) Tuesday announced that it has reached the first close of its third fund at Rs 225 crore. Separately, Anicut Capital has secured Rs 50 crore from the Small Industries Development Bank of India (SIDBI) for the Anicut Equity Fund.

Edited by: Padma Priya