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Today: October 11, 2024
April 9, 2024
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Filter Capital secures ₹800 crore in debut fund financing


TLDR:

Filter Capital has raised ₹800 crore for its debut fund, with 60% coming from domestic investors and 40% from international investors. The fund aims to invest in software services-linked businesses in India, with a focus on Series B and C funding rounds.

Filter Capital raises ₹800 crore for debut fund

Filter Capital, an India-based technology-focused investment firm, has closed its inaugural fund, Filter Capital India Fund I, with a total corpus of ₹800 crore.

The fund received investments from domestic institutional investors and family offices, as well as international investors. Filter Capital plans to deploy its capital across four to six additional companies, with a focus on software services-linked businesses.

The firm’s co-founder, Nitin Nayar, highlighted the importance of leading growth-stage rounds in technology-led businesses to support India’s tech ecosystem. Filter Capital’s sector focus includes Software as a Service (SaaS), technology services, AI-driven solutions, and data engineering.

Filter Capital’s strategic investments in companies like Capillary Technologies, Chalo Mobility, THB, and LoadShare Networks aim to drive innovation and digital transformation in various sectors within India.

Key Points:

  • Filter Capital raises ₹800 crore for its debut fund, targeting growth-stage rounds in Indian tech companies.
  • 60% of the fund’s capital comes from domestic sources, while 40% is contributed by international investors.
  • The fund focuses on software services-linked businesses, including SaaS, technology services, AI solutions, and data engineering.
  • Strategic investments in companies like Capillary Technologies, Chalo Mobility, THB, and LoadShare Networks aim to drive innovation and digital transformation in India.


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