Direct-to-consumer fashion jewellery brand Salty has raised Rs 5 crore in a funding round led by All in Capital and Anicut Capital, according to ETtech report. Other strategic investors who participated were Suashish Diamonds, JK Group, among other angel investors. Founded in 2022 by Sonaal Goel, Twishaa Gupta, and Kanishka Garg, Salty targets the younger…
Rural-fintech startup Navadhan has raised USD 1.5 million in Seed round led by Varanium NexGen, a fintech focussed fund. Existing investor Anicut Capital co-led the round where Gemba Capital also participated. Last year, the startup had raised pre-Seed funding from Anicut, BOPA, Flowstate and other angels like Prasanna Rao (Arya.ag), Sarah Djari (Impact Fintech PE). With…
Investment firm Anicut Capital has appointed Adithya Bharadwaj as Vice President to lead its early and growth-stage investments function. In this new role, Adithya will head the expansion of Anicut Capital’s investment into the startup ecosystem based out of Bangalore. He will be operating on the equity side, across stages and will also lead the…
Wow! Momo, a Kolkata-based chain of fast-food restaurants that specializes in momos has announced that it has raised Rs 45 crore in debt funding from Anicut Capital. The company will primarily use the debt funding to repay a loan of Rs 35 crore it had raised from Avendus Finance in 2018. Founded in 2008 by…