AN

Anicut Capital — Seed & Series A VC Firm

VC
IndiaWebsite

Anicut Capital is a Seed, Series A venture capital firm based in India investing in Other, SaaS, Fintech. The firm has 89 portfolio companies in our records.

Portfolio
89 companies on record
Partners
9 listed
AUM
$500M
Stage
Seed, Series A
Sectors
Other, SaaS, Fintech, Consumer
HQ
India
Check size
Not in our records

Last verified: 2026-10-15

How to approach: warm intro preferred
Stage

Seed, Series A

AUM

$500M

Portfolio

89+ companies

Team

9 partners

Investor activity
Investments in last 12 months: 0

Investment Thesis

India investor active in tier-2/tier-3 ecosystems and sectors including logistics and SaaS. Can be relevant for operational businesses with asset-heavy or offline distribution footprints.

How Anicut Capital invests

Anicut Capital is a vc firm based in India. The firm invests at the Seed, Series A stages, with a focus on Other, SaaS, Fintech, Consumer.

Anicut Capital manages approximately $500M in assets. Our records include 2 funds raised by the firm.

Anicut Capital has backed 89 companies in our records, including OnMove, Protouch, BytePe.

Partners & Team

DR

Dhruv Ranjan

Vice President

AA

Ajay Anand

Partner

BP

Balaji Parthasarathy

Vice President

VP

Venkatesh Parthasarathi

Vice President

AB

Adithya Bharadwaj

Vice President

VM

Veenu Mittal

Chief Financial Officer

RK

Radhika Khemka

Manager, Investor Relations

AU

Amrutha Upendran

Manager, Human Resources

KD

Kunal Davey

Vice President, Investor Relations

Industry Focus

Invests In

Other
SaaS
Fintech
Consumer

Funds

Anicut Capital Fund II

$150M2021
actively investing

Anicut Capital Fund I

$100M2018
fully deployed

Portfolio Companies (89)

Other

ON

OnMove

PR

Protouch

BY

BytePe

DA

Daryaganj

GO

Goodmelts

UN

Unico Housing Finance

KH

Khetika

SE

Sedna HoReCa

UM

Ummeed Housing

TH

The Ayurveda Experience

Portfolio company

How to pitch Anicut Capital
  • •Raising at Seed, Series A? You're squarely in their sweet spot.
  • •Lead with your fit in Other, SaaS, Fintech — the sectors they actively back.
  • •warm intro preferred
  • •Address your outreach to a specific partner, such as Dhruv Ranjan, Vice President.
  • •A warm introduction beats a cold email. Get matched and request an intro.

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