35North India Discovery Fund – II (IDF-II), a SEBI-registered Category I Angel Fund, has invested an undisclosed amount into co-working and managed office space startup, Nukleus Office Solutions.
35North’s Managing Director, Ashwani Singh, confirmed the investment into Nukleus in a market of $762 million which is expected to grow to $2.8 billion by 2030.
“We are extremely thrilled to have a SEBI-accredited VC Firm, 35North’s investing with us and backing us on our mission to create personalized workspaces for everyone. We look forward to even more exciting times ahead and thank the firm for being a Partner for Nukleus in its growth journey,” Nipun Gupta, founder of Nukleus said.
Founded by Nipun Gupta, Nukleus has swiftly become a beacon for dynamic and innovative work environments with 3000+ workstations in 9 locations across the National Capital Region, encompassing Noida, Gurugram, and New Delhi.
India Discovery Fund – II follows a strategy of early-stage growth investment, focusing on discovering future unicorns and nurturing their rapid growth with capital and board support. Its diverse portfolio includes investments across various sectors, such as SpeedLabs (Teevra Edutech), Global Care, Cloud Tailor, Stupa Analytics, Big Bang Boom Solutions, Aatwri Aerospace and Defence, HomePecked, and Beshak.