Nexus Venture Partners has closed its eighth fund at $700 million, aimed at backing founders building transformative startups in AI, enterprise software, consumer tech, and fintech. The fund will focus on early-stage investments across India and the US, reinforcing Nexus’s role as a leading cross-border venture capital firm.
Nexus Venture Partners, one of India’s most prominent venture capital firms, announced the closure of its eighth fund worth $700 million (₹6,290 crore). The fund will target inception, seed, and Series A stage startups in India and the US, with a strong emphasis on artificial intelligence, consumer technology, fintech, and enterprise software.
With this closing, Nexus’s assets under management (AUM) rise to $3.2 billion, reflecting steady growth since its seventh fund in 2023. The firm has a proven track record, having invested in over 130 companies and achieved more than 30 successful exits, including IPOs of portfolio firms like Delhivery, Postman, Zepto, Rapido, and Turtlemint.
Nexus partners highlighted that the AI revolution is reshaping every layer of the tech stack, from infrastructure to applications, and the fund is designed to support founders driving this transformation.
Key Highlights / Major Takeaways
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Fund Size: $700 million (₹6,290 crore), Nexus’s eighth fund.
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Focus Areas: AI, enterprise software, consumer tech, fintech.
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Stage Targeted: Inception, seed, and Series A startups.
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AUM Growth: Nexus now manages $3.2 billion in assets.
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Portfolio Strength: 130+ companies backed, 30+ exits including IPOs.
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Strategic Goal: Support transformative founders in India and the US.
Sources: VCCircle, Moneycontrol, The Hindu BusinessLine.