TLDR:
Key Points:
- Former Warburg Pincus executives-led Filter Capital closes debut fund at Rs 800 crore.
- Received commitments from Amansa Capital’s Akash Prakash, global and Indian institutional investors, and family offices.
In a recent development, Filter Capital, a growth tech-focused fund based in Mumbai and led by former Warburg Pincus executives, has successfully closed its debut fund at Rs 800 crore. The fund attracted commitments from a range of investors, including Amansa Capital’s Akash Prakash, who is the largest Limited Partner (LP) in the fund, as well as several global and Indian institutional investors and family offices such as HDFC Fund of Funds, SIDBI, SRI Fund, Oister Global, DSP family office, and Harsh Jain, CEO of Dream11.
This successful closure of the fund highlights the confidence that investors have in the leadership team at Filter Capital and their investment strategy. The fund is expected to be deployed to support growth-stage technology companies in India and potentially beyond, driving innovation and economic development in the region. This achievement also reflects the growing interest and investment opportunities in the Indian tech sector, especially in the current economic climate.
