Filter Capital
Mumbai growth-stage fund founded by ex-Warburg Pincus investors
filtercapital.com ↗Filter Capital took part in 1 disclosed round in Indian startups in 2026 (1 as lead), most often Series C rounds in Commerce & Consumer Brands; its latest was Nua on 7 September 2026.
About Filter Capital
Filter Capital is a Mumbai growth-stage investor founded by Nitin Nayar and Sumit Sinha, both formerly of Warburg Pincus. It closed its first fund at about Rs 800 crore in April 2024. It holds a small, concentrated set of companies.
Investment thesis
- Concentrate on roughly 8 to 10 companies
- Put about 75% of the fund into first cheques and keep the rest for follow-ons
- Lead Series B and C rounds with cheques of $15 to 20 million
- Raise about 60% of commitments from domestic LPs
Stages
Sectors
Typical cheque: $15-20M
Team
Funds
- Filter Capital India Fund I (2024) · Rs 800 crore · Final close, India
Deals in 2026
| Date | Company | Round | Amount | Role | Co-investors | Story |
|---|---|---|---|---|---|---|
| 7 September 2026 | NU Nua | Series C | $50 million | Lead | Peak XV Partners, Mirabilis Investment Trust, Footpath Ventures | Story |
Stage and sector mix
Disclosed rounds Filter Capital took part in, by stage and by sector.
| Stage | 2026 | 2025 |
|---|---|---|
| Series C | 1 | 0 |
| Sector | 2026 | 2025 |
|---|---|---|
| Commerce & Consumer Brands | 1 | 0 |
Frequent co-investors
| Investor | Rounds together |
|---|---|
| Footpath Ventures | 1 |
| Mirabilis Investment Trust | 1 |
| Peak XV Partners | 1 |
Exits and IPOs in the portfolio
| Company | Event | Latest story | Date |
|---|---|---|---|
| CT | IPO | Capillary Technologies lists on NSE | 12 September 2026 |
Best bets in India
Indian portfolio
- CT
Capillary TechnologiesSaaS
- CHChaloMobility
- LNLoadShare NetworksLogistics
- M1M1xchangeFintech · 2025$10M investment in May 2025
- NUNuaConsumer brands · in at Series C · 2026 · LedReported alongside Peak XV; not checked against a primary source
- PX
Peak XVProfessional & Local Services · 2026 · Led - RFR for RabbitConsumer brands · in at Series B · 2025 · Led
- THTHBHealth
India-based companies only. Linked names have a StopDown page; the rest link up on their own as soon as we cover them.
Filter Capital in the news
- PXPeak XV · Analysis · 9 September 2026Nua raises $50 million in Series C round led by Peak XV and Filter CapitalNua sells period care, maternity care, and intimate care products through online and physical retail channels
- NUNua · Funding · 7 September 2026 · $50 millionNua raises $50 million in Series C fundingNua sells period care, maternity care, and intimate wellness products through online channels and physical retail stores
Read next: companies in the portfolio
Questions about Filter Capital
How many investments did Filter Capital make in India in 2026?
StopDown has recorded 1 disclosed round in Indian startups with Filter Capital in 2026 so far, 1 of them as lead. The latest was Nua on 7 September 2026 ($50 million).
Which sectors does Filter Capital invest in?
In the 2025 and 2026 rounds StopDown recorded, Filter Capital invested most often in Commerce & Consumer Brands (1 round). Its stated focus: SaaS, Fintech, Consumer brands, Logistics and Mobility.
Does Filter Capital lead rounds?
Yes. StopDown's records name Filter Capital as lead or co-lead in 1 of the 1 rounds it took part in during 2025 and 2026, 1 of them in 2026.
What is Filter Capital's first cheque size?
Filter Capital's typical cheque, as it states it: $15-20M.
Sources: f4.fund · inc42.com · yourstory.com · inc42.com · checked 2026-10-18