Investment firm Anicut has hired Dhruv Kapoor to lead its Anicut Opportunities Fund I vehicle following more than five years at Russia-based Sistema's Asia Capital unit.
Dhruv Kapoor, formerly a partner at Russia-based conglomerate Sistema’s Asia Capital subsidiary, has joined India-headquartered investment firm Anicut to head up a fund it is currently raising.
Sistema hired Kapoor in 2015 as an India-based partner and focused on early growth-stage consumer technology and software-as-a-service developers. Although Sistema has not made an investment since Russia’s invasion of Ukraine in February this year, he departed in December 2021, before joining…