Filter Capital, a Mumbai-based investment firm focused on technology-led businesses, has announced the final close of its debut fund at Rs 800 crore (about $100 million).
DealStreetAsia reported last month that the growth specialist is in advanced talks to raise Rs 800 crore for Filter Capital India I.
The firm has already deployed about 30% of the fund among its four portfolio companies and aims to fund 4-6 more companies across tech services, software, and fintech.
In an interaction with DealStreetAsia, Sumit Sinha and Nitin Nayar, the co-founders and managing directors of Filter Capital, spoke about their fund’s strategy, the fundraising climate in India, and how the current economic and geopolitical factors may impact fundraising.
The ex-Warbug Pincus executives also dwelled upon the risk appetite and concerns of LPs and the emerging technologies and sectoral trends that can lure investors, among other things.
Edited excerpts of the interview:
