Dhruv Kapoor leads Anicut Capital's Growth Stage Equity practice and serves as the firm's primary spokesperson on consumer tech and D2C investments, with a track record in digital brands like The Ayurveda Experience. He regularly educates the startup ecosystem through public Q&A sessions where he explains what VCs look for in founders and funding readiness, while also bridging Anicut's credit, growth equity, and venture strategies in his commentary on flexible capital structures.
About their Fund
Sectors
CPG / D2C, SaaS, Fintech, Food & Ag, Space
Rounds
Seed - Series B+
Avg Check Size
Notable Investments
Anicut Capital is a Chennai-based venture capital fund co-founded by former ICICI Bank executive I.A.S. Balamurugan and Ashvin Chadha from India's largest fixed-income distribution family, bringing commercial banking credit expertise to venture investing. The firm runs a full-spectrum capital platform providing seed funding, venture debt, and private credit to profitable consumer brands and SMEs across India, deliberately using both debt and equity as design choices rather than separate products.
Other partners at the fund
Notable Fund
Investments
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Sheets they're in
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Sheets they're Fund is in
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Popular Investors
investor name
Active in
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Links
Deeptech / Hardware
Robotics
Biotech
+
12
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
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2
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Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
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4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
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7
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
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Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
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2
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Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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