Nexus Venture Partners is taking a balanced route with its freshly launched US$700 million fund, choosing not to pour everything into the AI wave despite the global frenzy. Instead, the firm is splitting the capital, with half reserved specifically for India-based startups, reaffirming its long-term commitment to one of the world’s fastest-growing tech markets.
With US$3.2 billion in assets under management and a portfolio of more than 130 companies, Nexus is positioning itself to back a broader mix of innovations rather than chasing AI hype blindly. The strategy reflects rising investor caution as many venture firms concentrate heavily on AI, sometimes at the expense of diverse early-stage opportunities.
The firm’s India focus underscores its confidence in sectors such as fintech, SaaS, enterprise tech, and emerging consumer solutions, areas where it has historically produced winners. By maintaining this diversified lens, Nexus aims to capture both the explosive potential of AI and the steady momentum building within India’s maturing startup ecosystem.
The new fund also signals continued global investor appetite for Indian founders, even as competition for standout deals intensifies.
Fintech growth in Ghana hinges on stronger Academia–Industry collaboration – Expert
