US EditionNexus Venture Closes $700 Million Fund to Double Down on AI and Tech Bets
Nexus Venture Partners maintains a $700 million early-stage fund focusing on AI startups in the U.S. and diverse sectors in India, balancing growth and innovation.
- Nexus Venture Partners closed a new $700 million fund, deliberately splitting focus between U.S. AI startups and India technology firms from its Menlo Park, Mumbai, and Bengaluru offices.
- Seeing AI as a defining shift, Jishnu Bhattacharjee said the firm targets India’s expanding digital economy, talent pool and growing demand for localized AI models.
- Operating with an eight-member investment team, Nexus focuses on inception-to-seed and Series A rounds, backed largely by returning limited partners with an LP base spanning the U.S., Europe, Middle East, Southeast Asia, and Japan.
- Backing AI startups and India bets, the fund aims to accelerate adoption by supporting developer tools and AI infrastructure companies, helping founders and startups in the U.S. and India build atop platforms like Neysa.
- Unlike many peers, Nexus deliberately splits its focus instead of concentrating only on AI, managing $3.2 billion and investing in more than 130 companies across global LPs and cross-border software and AI bets.
13 Articles
13 Articles
Indian VC firm Nexus closes $700 million fund to back AI and consumer startups
Dec 4 (Reuters) – India’s Nexus Venture Partners announced on Wednesday that it closed a $700 million fund that will back AI, enterprise software, consumer and fintech startups. The venture capital firm has previously made investments in the likes of logistics provider Delhivery and mortgage lender India Shelter Finance, as well as consumer startups like Zepto and ride-hailing app Rapido. Through the fund, Nexus is betting on a growing consumpti…
Nexus closes $700 mn fund to back founders building transformative AI, consumer and fintech startups
Along with seminal enterprise AI startups in the US, Nexus is also investing in generational consumer, fintech, and AI companies in India—one of the world’s fastest-growing economies—where digital consumption is accelerating, powered by advanced payments infrastructure, widespread mobile adoption, and ubiquitous broadband.
Times of India
The Economic TimesNexus raises new $700-million fund to back India, US startups focused on AI, enterprise, consumer sectors
Cofounder Suvir Sujan told ET that Nexus will back US-only AI and enterprise startups going forward. It expects 4–5 IPOs in the next 2–3 years from its portfolio, which will generate outsized returns, Sujan said. The VC fund has returned around $700 million in cash over the past few years to its limited partners or sponsors in the fund.
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