Anicut Equity Fund receives 50 crore rupees from SIDBI

The investment was made through the Fund of Funds for Startups (FFS). The FFS is a 10,000 crore initiative launched in January 2015 as part of the government's Startup India initiative. Within the first year, the fund has invested in six startups - Earth Rhythm, Neemans, Wheelocity, The Ayurveda Experience, Blue Tokai Coffee and XYXX. Image courtesy of Unspalsh. 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