Venture Intelligence (TSJ Media Pvt. Ltd.)
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Nexus Venture in talks to raise $700-M for 7th fund to bet on India, US tech startups: report
Nexus Venture Partners is in advanced talks to raise a USD 700 million fund to invest in Indian internet and technology startups and US-based software firms. The fund will be the biggest raised in India after Sequoia's USD 2.85 Billion fund in mid-2022. The new fund will be the seventh for Nexus and will take the firm's assets under management to more than USD 2 Billion. Some of Nexus' existing investors include global pension funds, billionaire family offices and endowment funds. The new fund has received a strong response from endowments.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.