Bridging Capital to Opportunity

Us

ORGANIZED DEBT PLATFORM FOR BRIDGE CAPITAL TO SME

Anicut Capital is Founded by experienced professionals who have spent credible years of their career
in Commercial, Private & Investment Banking at senior levels.
Team has a track record of successfully lending 450cr+ to Indian SME companies with zero defaults.

Fund


Bridging Capital to Opportunity
The premise of our Credit Decision is based on the 4C model

Founders

  • Ashvin-Chadha Ashvin has spent over a decade working in the financial services industry both in India and the United States. He started his professional career as an investment banker with Morgan Stanley in New York. He then joined General Atlantic LLC, a worldwide private equity firm, where he was based in the New York City and Greenwich offices. Ashvin moved to India in 2006 to join the core team to set up the Mumbai office for India Equity Partners (IEP), a $350mm India focussed Private Equity Fund.
    In 2011, Ashvin moved to Delhi to set up his own family office to invest in debt securities of mid-market Indian companies. He has successfully invested over INR 100cr of proprietary capital in debt securities across 20 companies in the last 5 years.
    Ashvin has served on the Board of Directors of several financial services companies including Manappuram Finance (until 2010) and Netafim Agricultural Finance Agency Private Limited (since 2012). He also serves as an advisor and Investment committee member for SEBI registered VC funds including Fulcrum Venture India LLP and Carpediem Capital Partners. Ashvin completed his education from Wesleyan University and The London School of Economics.
  • Balamurugan Bala has over 22 years of experience in Banking and Financial Services industry. He co-founded Metis Family Office Services Pvt Ltd in the year 2010. Prior to founding Metis, Bala has held credible positions in the senior management of Institutions like Citibank, UBS & ICICI bank for almost 17 years. The last position he held was as Joint General Manager at ICICI Bank in the year 2010.
    Bala has a diverse domain specialization across banking businesses, namely Private Wealth Business, Commercial Banking, Investment Banking, Corporate finance. He had been a part of various credit committees during his stint as Zonal Manager for western southern India for SME business in ICICI Bank.
    He comes in with hands on experience of managing a large portfolio of SME finance spreading across the country. Over the years he has become integral to the ecosystem of SME finance.
    He has overseen the private placement of debt instruments of INR 350 Crores for the last 3 years at Metis. Bala has a BE and MBA from Madurai Kamaraj University. Bala is an extensive reader and his interest zooms across contemporary and historical subjects.

Investment Committee

Shailesh J. Mehta

Dr. Mehta is Managing General Partner of Granite Hill Capital Partners, a Private Equity Fund targeted to invest in India. He also serves as the Chairman of the Board- First Source Solutions Ltd, a listed Mumbai stock exchange company.

Dr. Mehta is former Chairman of the Board and CEO of Providian Financial Corporation. When Dr. Mehta departed, Providian was $30 billion in assets and over 18 million customers. Dr. Mehta built Providian from just 80 employees to over 12,000 employees. Providian became a Fortune 500 company and was in the S&P 500. Most recently, Dr. Mehta has been a general partner with Invesco funds with over 7 billion under management(2004-2007).

Dr.Mehta also served as operating general partner of West Bridge Capital(2001-2004) (Now Sequoia India – with over $400 million under management). Dr. Mehta also served as president and COO of Capital Holding which was the 10th largest shareholder-owned insurance company in America. Prior to that, Dr. Mehta was Executive Vice President of Key Corp (formerly Ameritrust) (1973- 1986), a largest commercial bank in Ohio.

 

 

Team

  • jayaseelan Jay has over 12 years of professional experience in Banking and Financial Services sector, the blend of experience includes investment banking, corporate finance advisory and underwriting credit for SME’s. He has been part of various credit and risk forums and has a good understanding of business, credit and structuring proposals. Prior to joining Anicut Capital, he was with Metis Family Office and ICICI Bank. Jay is an Engineering graduate and MBA from Indian Institute of Management, Indore.
  • kunal-davey Kunal has more than 8 years of experience in the areas of Investment Advisory and managing the wealth of High Networth Individuals. Prior to joining Anicut Capital, he has handled Investment Advisory for Institutions like Standard Chartered Bank, Metis Family Office and Client Associates, boutique Family Office Firms. Kunal is a graduate in corporate secretary from the University of Madras and post-graduate in Global Finance & Investments from Lancashire Business School, UK.
  • Venkatesh Venkatesh has more than 23 years of experience with Institutions like Life Insurance Corporation of India and Metis Family Office. He had handled the Debt Syndication & ICD portfolio during his stint at Metis. Venkatesh has a bachelor in mathematics and is also a Certified Financial Planner, Associate of Insurance Institute of India and a CFA Level 2 candidate.

Reach

 “Venkatramana” 11th, 2nd Main Road, CIT Colony, Mylapore, Chennai-600004

+91-44-46931111 | +91-44-46931144

reachus@anicutcapital.com