India's Nexus Venture closes Fund VII on $700m
Nexus Venture Partners has reached a final close on its seventh India venture capital fund with USD 700m in commitments, taking the firm’s total assets under management past the USD 2bn mark.
It continues a rich vein of fundraising by India-focused managers. Last year, Sequoia Capital India secured USD 2bn for its latest venture and growth vehicles. In previous vintages, the manager invested...
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