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| Suvir Sujan , MD , Nexus Venture Partner |
Nexus Venture Partners is in advanced talks to raise a $700 million fund - the second-biggest such pool to be garnered in the country in the past year - to invest in domestic and US-based technology firms, two sources with direct knowledge said.
The fundraising, which one of the sources said will close within two months, is an indication that investors may be starting to get more comfortable with Indian technology company valuations after the poor market performance in 2022 of some high flying startups .amid global tech sector Rout .
The fundraising, which one of the sources said will close within two months, is an indication that investors may be starting to get more comfortable with Indian technology company valuations after the poor market performance in 2022 of some high flying startups .amid global tech sector Rout .
Nexus venture was one of the first indian venture capital firm to invest in US & India based software startups
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