Nexus closes third India fund at $270m
Nexus Venture Partners has announced a final close for its third fund at $270 million, around $50 million more than for its previous vehicle. Investors include endowments, foundations and financial institutions across North America, Europe and Asia. All major LPs in prior funds participated in Nexus India Capital III.
Naren Gupta, Nexus' co-founder, told media that the fundraising took a "couple of months." The first US Securities and Exchange Commission (SEC) filing for the vehicle was made in late November 2011 and...
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