Nexus Venture to raise $700 Mn fund to back India & US-based startups: Report
Shortpedia
Content Team
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Venture capital (VC) firm Nexus Venture Partners is reportedly in discussions to raise a $700 Mn fund to back Indian and US-based tech startups. According to a Reuters report quoted sources, Nexus will close its seventh fund within two months. With this, its asset under management (AUM) will stand at over $2 Bn. Inc42 reached out to Nexus but the VC firm refused to comment on the development.
