Filter Capital raises Rs 800 cr
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New Delhi: Technology-focused venture capital firm Filter Capital on Monday said its has secured Rs 800 crore funding for its maiden fund -- Filter Capital India Fund I.
Indian institutional investors and family offices such as HDFC Fund of Funds, SIDBI, SRI Fund, Oister Global, DSP family office, Akash Prakash, the founder of Amansa Capital, and Harsh Jain, the CEO of Dream11 have committed to the fund, the VC firm said in a statement. “Filter Capital announced the successful final close of its first fund - Filter Capital India Fund I.
The fund has secured a total corpus of Rs 800 crore,” the statement said. Filter Capital is a growth investment firm which targets opportunities in SaaS and tech services where companies are expanding from India into regional and global markets, as well as technology-led businesses in consumer, financial, and business services, where companies are harnessing special demographics spanning Indian consumers and businesses.
