# Anicut Angel Fund

> Anicut Angel Fund is a VC fund in Chennai backing Retail and FinTech. See 27 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Chennai, India
- Total investments: 27
- Last investment: Jan 2026
- Lead investor: 48%
- Last updated: Aug 2026
- Website: https://www.anicutcapital.com/angel-fund

Anicut Angel Fund is a VC fund in Chennai focused on Retail and FinTech. Anicut Angel Fund is the angel investment platform of the Chennai-based asset management firm Anicut Capital.

## Contacts

5 contacts available for Anicut Angel Fund. Shizune tracks 1 team members at Anicut Angel Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/anicut-angel-fund?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $250k–$1.3M |
| Series A | $1M–$11M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Retail | 3 | 11% |
| FinTech | 3 | 11% |
| Software | 3 | 11% |
| Manufacturing | 3 | 11% |
| Financial Services | 3 | 11% |

44 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 15 | 56% |
| Series A | 6 | 22% |
| Series B | 1 | 4% |
| Funding Round | 1 | 4% |
| Debt Financing | 1 | 4% |

6 stages tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ashvin Chadha | Founder | 52 | https://shizune.co/investors/profile/ashvin-chadha |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Nitro Commerce | Nitro Commerce provides AI tools to help them reach their greatest potential. | $5M | Series A | Jan 07, 2026 |  |
| CapGrid | CapGrid is a B2B commerce company specializing in sourcing and procurement of direct-material supplies. Its platform houses detailed capability intelligence of global supply sources from major manufacturing and best-cost sourcing destinations. | $7M | Series A | Jan 30, 2023 |  |
| Onmove | Onmove is a high-speed, long-distance trucking aggregator platform with cutting-edge technology. |  | Seed | Nov 14, 2022 |  |
| Onmove | Onmove is a high-speed, long-distance trucking aggregator platform with cutting-edge technology. |  | Debt Financing | Nov 14, 2022 |  |
| Burgerama | Burgerama provides fast-casual, made for delivery burger experience. | $670.6K | Seed | Jan 31, 2022 |  |
| Zymrat | Zymrat is challenging the status quo of the overpriced & underserved performance wear market in India by being at the forefront of fabric innovation, proprietary technology development, and unmatched community exprience. | $500K | Seed | Jan 20, 2022 |  |
| GIVA | GIVA offers a variety of jewellery crafted from 925 silver, pure gold, and lab‑grown diamonds, including rings, necklaces, bracelets, earrings, anklets, and personalised pieces. The company presents collections tailored to different styles and occasions, ranging from everyday minimalist designs to statement pieces, themed ranges like spiritual ornature-inspired, and gift‑focused assortments. Customers can explore curated selections such as bestsellers, flash sales, and gift store options, and enjoy free shipping along with occasional cashback incentives. GIVA supplements its online catalogue with a mobile app and supports corporate purchases, while its catalogue is available through select retail partners. | $9.9M | Series A | Jan 20, 2022 |  |
| Enmovil | Enmovil delivers a Business Intelligence Platform driven by a connected asset ecosystem that enables organizations to maximise their operational efficiency. Enmovil's platform, which is a combination of front-end software running analytical and machine learning algorithms, combined with its indigenous hardware "satellites"​ deployedin the field, deliver the intelligence to the management that enables them to understand the utilisation model of their resources. | $1.3M | Seed | Dec 14, 2021 |  |
| KalaGato | KalaGato is a technology company that identifies high potential mobile apps using proprietary data and acquires these assets.Built on 3.5 years of data across 20 Million+ users that's updated everyday their platform gives us superior insight & helps identify acquisition targets. KalaGato is backed by marquee Indian & Global angel& institutional investors including – 9Unicorns, Village Global and Angel List. Read more: https://tinyurl.com/2p9225dbKalaGato started in 2017 as a Big Data Analytics platform that served clients such as Bain & Co, Flipkart, AC Nielsen and Zee TV before pivoting in 2021 to a roll up model wherein it leverages its proprietary data to identify and acquire mobile apps based on internally created data models.KalaGato is founded by Aman Kumar, an alumnus of ISB, Ex-VC and Second Time Entrepreneur and Himanshu Dhakar an Ex-Data Scientist from TransOrg analytics and alumni of IIT Delhi. KalaGato aims to reach a Billion users over the next 5 years by identifying and acquiring undervalued mobile apps.Read more here: https://www.kalagato.co/ Media Coverage: https://tinyurl.com/s85eeebm | $4M | Seed | Dec 07, 2021 |  |
| CapGrid | CapGrid is a B2B commerce company specializing in sourcing and procurement of direct-material supplies. Its platform houses detailed capability intelligence of global supply sources from major manufacturing and best-cost sourcing destinations. | $551K | Seed | Nov 10, 2021 |  |

10 of 27 investments shown.

## Co-investors
- [100Unicorns](https://shizune.co/investors/profile/9unicorns) — VC Fund, 6 deals together
- [First Cheque](https://shizune.co/investors/profile/first-cheque) — VC Fund, 6 deals together
- [Dominor Investment](https://shizune.co/investors/profile/dominor-investment) — VC Fund, 4 deals together
- [Axilor Ventures](https://shizune.co/investors/profile/axilor-ventures) — VC Fund, 3 deals together
- [Nexus Venture Partners](https://shizune.co/investors/profile/nexus-venture-partners) — VC Fund, 3 deals together
- [Venture Highway](https://shizune.co/investors/profile/venture-highway-c733) — VC Fund, 3 deals together

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## FAQ

### What does Anicut Angel Fund invest in?

Anicut Angel Fund invests primarily in Retail, FinTech and Software startups, most often at Seed and Series A stage. Most of the 27 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Anicut Angel Fund's check size?

Anicut Angel Fund typically joins rounds of $250k–$1.3M at Seed and $1M–$11M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Anicut Angel Fund participates in.

### How do I contact Anicut Angel Fund?

Public channels for Anicut Angel Fund include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Anicut Angel Fund?

The team at Anicut Angel Fund includes Ashvin Chadha (Founder). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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