SynopsisAnicut Capital has launched its second early-stage equity fund. This new fund aims to raise Rs 175 crore for startups. The firm manages between Rs 4,000 and Rs 4,500 crore currently. It will invest in twenty companies from pre-seed to Series A. Anicut expects to finish fundraising within the next year.Bengaluru: Chennai-based alternative investment firm Anicut Capital, which invests in companies through both debt and equity, has launched its second dedicated early-stage equity fund with a target size of Rs 175 crore. The fund will back startups across the deeptech, enterprise technology, consumer and financial services domains.The fund is part of a Rs 3,000-crore programme across four strategies, cofounder IAS Balamurugan told ET. AnicutNow Playing