Nexus Isn’t Going All-In On AI, Keeping Half Of Its New $700M Fund For India Startups
Nexus Venture Partners splits $700M fund between AI and India startups for balanced growth.
Matilda
Nexus Isn’t Going All-In On AI, Keeping Half Of Its New $700M Fund For India Startups
Nexus Venture Partners Splits $700M Fund Between AI and India Startups While AI dominates headlines in venture capital, Nexus Venture Partners is taking a measured approach. The 20-year-old VC firm is launching a new $700 million fund, intentionally dividing its focus between AI startups and India-focused companies in consumer, fintech, and digital infrastructure. This dual strategy reflects a belief that chasing one hot sector can carry major risks, while India’s rapidly growing digital economy offers diverse opportunities for long-term growth. Credit: Nexus Venture Partners AI Remains a Core Focus, But Not the Only One AI has absorbed a massive share of venture funding globally, and Nexus acknowledges its potential as a defining technology. Yet, the firm is wary of an overcrowded market. By splitting its fund, Nexus aims to capture AI’s upside while avoiding the pitfalls of overconcentration. “AI is a huge inflection point, and we are anchoring on that,” said Jishnu Bhattacharjee, a man…
