Filter Capital closes first fund at Rs 800 crore from HDFC Fund of Funds, SIDBI, others – SME News

Filter Capital closes first fund at Rs 800 crore from HDFC Fund of Funds, SIDBI, others – SME News

Technology-focused investment firm Filter Capital has successfully closed its first fund Filter Capital India Fund I with a total corpus of Rs 800 crore. According to the company, 60 per cent of the capital commitment came from domestic institutional investors and family offices including HDFC Fund of Funds, SIDBI, SRI Fund, Oister Global, DSP family office, Akash Prakash (founder of Amansa Capital), and Harsh Jain (CEO of Dream11). The remaining 40 per cent commitment was from international investors.

Nitin Nayar, Co-founder and Managing Director at Filter Capital told FE Aspire that the fundraising stands out notably among first-time domestic funds with a technology focus over the…
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Source: https://www.financialexpress.com/business/sme/filter-capital-closes-first-fund-at-rs-800-crore-from-hdfc-fund-of-funds-sidbi-others/3449468/lite/