Nexus Ventures closes 8th fund with $700-M

Nexus Venture Partners has announced the closing of Nexus Ventures VIII, a USD 700 million fund to back startups building AI, enterprise software, consumer, and fintech startups at inception, seed, and Series A stages in India and the USA.Founded in 2006, Nexus manages USD 3.2 Billion in capital across funds. Its portfolio includes Postman, Apollo.io, Zepto, MinIO, Fingerprint, Avoca, Firecrawl, Orkes, Gumloop, Neysa, Giga, Tensorwave, Druva, Observe.ai, Daloopa, Pubmatic, PromptQL, Delhivery, Turtlemint, India Shelter, Rapido, Infra.Market, and Ultrahuman.