A technology-based investment company, Filter Capital has made the final close of its first round of India Fund at Rs. 800 crore, which is approximately $ 96 million.

The Mumabi-based Filter Capital received nearly 60 percent of the capital commitments from the domestic Limited Partners – LPs with the remaining capital comes from the multi-national investors.

In accordance with the report of ET, the Limited Partners in the round includes the institutional investors, financial backers & prominent family offices such as Small Industries Development Bank of India, HDFC Fund of Funds, DSP family office, Dream Sports cofounder Harsh Jain & Amansa Capital founder Akash Prakash.

Established in 2018 by Nithin Nayar and Sumit Sinha, Filter Capital will inject its funds in Series B & C funding rounds in the array of $15-20 million.

Filter Capital India Fund I has so far injected its fund more than Rs. 225 crore from its Corpus in four entities such as Capillary Technologies – Enterprise loyalty software provider, Chalo Mobility – a bus mobility platform, LoadShare Networks – e-commerce logistics services platform & THB – Healthcare enterprise software company.

Filter Capital’s portfolio firm Capillary technologies, recently drawn-out its Series D funding round to $140 million by securing $95 million in secondary transactions to present exits to existing financial backers & employees.