Nexus Venture Partners, a venture capital firm, announced the closing of Nexus Ventures VIII, a $700 million fund to back exceptional founders building AI, enterprise software, consumer and fintech startups at inception, seed, and Series A stages in India and the United States.
Nexus VIII has the support of limited partners, the majority of whom have been with the firm since the early days.
Founded in 2006, Nexus manages $3.2 billion in capital across funds and operates as an integrated team across the US and India. Nexus’ sixth fund was $485 million, and its seventh fund was $700 million.
The fund is currently led by general partners Abhishek Sharma and Jishnu Bhattacharjee in the US, and Anup Gupta and Sujan in India.
Nexus has extensive hands-on experience in helping scale companies from inception to IPO. Over the years, the firm has invested in more than 130 companies and achieved over 30 exits, including several IPOs. They have a strong track record of investing in AI stack innovators, developer platforms, open-source infrastructure, AI agents, consumer, and fintech companies.
From new-age, fast-growing AI startups like Avoca, Giga, TensorWave, Firecrawl, and Gumloop, or established leaders like Postman, Apollo.io, Fingerprint, MinIO, Zepto, Turtlemint, Delhivery, India Shelter and Rapido, Nexus has consistently backed a roster of exceptional founders who are challenging the status quo and reimagining how things are done.
Nexus portfolio also includes Orkes, Neysa, Druva, Observe.ai, Daloopa, Pubmatic, PromptQL, Infra.Market, Ultrahuman, and more.
Along with seminal enterprise AI startups in the US, Nexus is also investing in generational consumer, fintech, and AI companies in India, with accelerating digital consumption powered by advanced payments infrastructure, mobile adoption, and ubiquitous broadband.
“The last few years have been surreal for the technology world with trailblazing breakthroughs in generative AI and an unprecedented pace of AI adoption across consumers and businesses alike. From infrastructure to applications, every layer of the tech stack is getting rewritten by AI. Agentic AI is transforming how work gets done, bringing a whole new wave of augmentation and automation across industries,” Nexus said.
“Over the years, we have had the pleasure of backing several founders from the early days of their journeys, who have gone on to take their companies public or are poised to do so soon. With Fund VIII, we’re doubling down on visionary entrepreneurs solving the hardest problems and shaping the next wave of global innovation,” the firm added.
