India VC Nexus raises $110m top-up fund
Indian GP Nexus Venture Partners is raising a $110 million “opportunity fund” focusing on later-stage investments in existing portfolio companies. The vehicle is not open to new LPs and is scheduled to close in March.
Snapdeal will be the first recipient of capital from the fund, a source familiar with the situation told AVCJ, with Nexus participating in a $133.8 million Series D round led by eBay. The VC firm has been...
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