Nexus India Capital has closed a $100-million venture capital fund to invest in opportunities across sectors in India.
Nexus plans to invest in both technology start-ups as well as companies with business models not driven by technology.
The funds investors include top tier institutions and strategic family offices from North America, Europe and Asia.
The fund and its portfolio companies will be advised by successful entrepreneurs and investors in the technology, media, outsourced services, retail and consumer sectors.
The founders of the fund and its advisory companies include industry veterans and successful venture investors, Naren Gupta, Sandeep Singhal, and Suvir Sujan.
Source : Economic Times