Filter Capital Announces Final Close Of Debut Fund At Rs 800 Cr

The debut fund of technology-focused investment firm Filter Capital has reached its final closure at Rs 800 crore, or roughly $96 million.

60% of the fund's investment commitments come from domestic investors, and the remaining 40% come from foreign investors. Among the investors are prominent Indian family offices and institutional investors, including HDFC Fund of Funds, SIDBI, SRI Fund, Oister Global, DSP family office, Dream11 CEO Harsh Jain, and founder of Amansa Capital Akash Prakash.

The first fund was launched in 2021 by the company's founders, Nitin Nayar and Sumit Sinha, and it closed for $14 million in the middle of 2022.

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Filter Capital India Fund I have invested almost INR 225 crore from its corpus in four companies so far: Capillary Technologies, Chalo Mobility, LoadShare Networks, and THB.

Growth-stage investment firm Filter Capital specializes in technology and leads or co-leads Series B and C investments. From the initial fund, it intends to invest in eight to ten businesses.

About Filter Capital

Founded by Nitin Nayar and Sumit Sinha, Filter Capital assesses growing investment prospects in India's tech and tech-enabled industries. The company will focus on prospects in developing industries including software, the Internet, and electronic payments.

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