techcrunch.com
Nexus Venture Partners is launching a $700 million fund, strategically balancing AI investments with a focus on India’s digital economy. Recognizing the crowded AI space, Nexus aims to capitalize on India’s expanding market, rising AI adoption, and diverse opportunities in consumer, fintech, and digital infrastructure. The firm, with a history of cross-border investments, will continue backing early-stage software and India-focused startups, typically starting with small seed investments. Nexus believes India’s unique dynamics, including a large talent pool and demand for localized AI solutions, will allow it to leapfrog in AI adoption. The firm is filling its fund from returning limited partners.
