Anicut Capital

Anicut Capital is an asset management firm headquartered in Chennai, India, established in the mid-2010s by professionals with backgrounds in commercial, private, and investment banking. It focuses on debt financing for consumer goods companies across India and also engages in venture investments across sectors including consumer-focused services, media, retail, information technology, the Internet of Things, and software as a service.

Ajay Anand

Partner, Seed Fund

I A S Balamurugan

Co-Founder and Managing Partner

Ilayaarunachalam Balamurugan

Co-Founder, Managing Partner and Member of Investment Committee

IAS Balamurugan

Managing Partner

Adithya Bharadwaj

Vice President

Ashvin Chadha

Managing Partner

A. Jayaseelan

Partner, Private Credit

Dhruv Kapoor

Partner, Growth Equity

Veenu Mittal

CFO

Harsh Mohan

Analyst

Ankita Poddar

Associate

Dhruv Ranjan

Associate

Pranav Visvesh

Associate

Past deals in Hairdressing

Hair Originals

Series A in 2025
Hair Originals provides DIY hair extension products. They offer solutions for hair loss that include extensions, permanent hair extensions without installation, and raw hair products.

Hair Originals

Seed Round in 2022
Hair Originals provides DIY hair extension products. They offer solutions for hair loss that include extensions, permanent hair extensions without installation, and raw hair products.
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