Anicut Capital secures $11m for Private Credit Fund 3 in GIFT City for mid-market enterprises.

Anicut Capital has secured $11 million for its Private Credit Fund 3 through the GIFT City structure, attracting global institutional investors and high-net-worth individuals. This funding aims to address financing needs for mid-market enterprises, including acquisitions and promoter buybacks. Anicut has invested ₹3,200 crore across various sectors and seeks to raise a total of ₹1,500 crore for this fund, facilitated by India's International Financial Services Centres Authority.

6 months ago
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