Nexus Venture raises $700 Mn Fund VIII to back Indian and US startups

Nexus Venture Partners has raised its eighth fund, a $700 million vehicle aimed at early stage bets in artificial intelligence, enterprise software, consumer, and fintech firms across India and the US.

The VC firm had previously raised $700 million in 2023.

According to Nexus, it plans to deploy capital in US only ventures alongside its longstanding strategy of backing cross border Indian software companies.

The fund is currently led by general partners Abhishek Sharma and Jishnu Bhattacharjee in the US, and Anup Gupta and Sujan in India.

Nexus states…