Nexus Venture Partners Closes Third Fund at $270M

Nexus Venture Partners, an India-based venture capital firm, has closed its third fund at about $270m.

Limited partners include endowments, foundations and financial institutions across North America, India, Europe and Asia.

Fund III focuses on helping Indian startups go global and U.S. startups tap into emerging markets. The Nexus team will invest in “disruptive” opportunities across the technology, Internet, media, consumer and business services sectors.

Launched in 2006, Nexus has invested in over 40 companies to date, including (acquired by Citrix), Gluster (acquired by Red Hat) and DimDim (acquired by Salesforce).

In addition to the closing announcement, the firm also promoted Jishnu Bhattacharjee to managing director. He will join the senior Nexus team of Anup Gupta, Naren Gupta, Sandeep Singhal and Suvir Sujan.



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