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Nexus Venture Partners is allocating its new $700 million fund to both AI startups and India-focused ventures, balancing global AI trends with the country’s growing digital economy. The firm emphasizes that while AI dominates venture capital, India’s market offers diverse opportunities for innovation. Founded in 2006 with a U.S.-India integrated team, Nexus has invested in successful companies like Postman and Zepto across sectors. Its strategy of maintaining a $700 million fund size reflects confidence in early-stage growth and long-term returns. The firm highlights India’s potential to leapfrog in AI adoption due to its talent pool and localized needs.
Key facts
- Nexus Venture Partners is splitting its $700 million fund between AI startups and India-focused ventures.
- The firm combines global AI investment with support for India’s expanding digital economy and fintech sectors.
- Nexus has a 17-year history of operating as a unified U.S.-India team since its 2006 founding.
- Its portfolio includes successful exits like Postman and Zepto, with investments spanning developer tools and quick-commerce.
- India’s AI potential is seen as a key growth area due to its talent, infrastructure, and demand for localized solutions.
