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…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.