Nexus Venture Partners

Nexus Venture Partners prepares to raise $700 million for its eighth fund

Nexus will continue to bet on new-age companies in the artificial intelligence (AI), software, fintech, and commerce markets, as it had planned with its seventh fund a couple of years ago.

Zepto raises $665 million at $3.6 billion valuation in biggest funding round this year

Sources said that DST Global, an early investor in Swiggy also participated in the round. Zepto founder Aadit Palicha told Moneycontrol that the funds will be used to enter new markets like Jaipur, Chandigarh, Ahmedabad and double its dark stores to 700 from the current 350.

Zepto to raise $650 million at $3.5-billion valuation

Nexus and its LP StepStone will together lead the round by putting in a majority of the total $650 million, sources said.

Agilitas Sports secures rights to design, make, promote, distribute Lotto brand for 40 years

Agilitas has set up a dedicated factory in Noida for Lotto. With an aim to launch by early 2025, Agilitas plans a multi-category offering in footwear, apparel, accessories and sports equipment.

Nexus Venture invests Rs 100 crore in Agilitas Sports

From research to manufacturing and then retail, Agilitas is a full stack solutions company for sporting equipment

Gen AI solutions startup DynamoFL raises $15 million led by Nexus Venture Partners, Canapi Ventures

The San Francisco-headquartered startup is looking to scale its team in India, eventually expecting to have 25 percent of its workforce here, a source in the know said

Westbridge and Nexus-backed India Shelter Finance eyes Rs 2,000-cr IPO; picks three I-bankers

The firm has operations across 180 plus branches in 15 states in India, offering affordable housing and small ticket loans against property

Nexus Venture closes $700 million funding for India, US-based startups

Through the fund, Nexus Venture Partners will invest in India and US-based startups and in sectors like artificial intelligence (AI), SaaS (software-as-a-service), fintech and commerce, the company said in a blog post.

Nexus Venture Partners and Sorin Investments lead Series A for Jamil Khatri’s consulting startup

The investment marks the first bet for Sorin Investments, an early-stage tech fund founded by private equity veteran Sanjay Nayar, Former Chairman of KKR India. The likes of Pirojsha Godrej, Anant Goenka, Apoorva Patni, Keki Mistry, Ranu Vohra & Dhanpal Jhaveri also participated in the round.

Employee volunteering platform Goodera raises $10 million from Elevation Capital, Nexus Venture Partners, and others

In a statement, the company said it will use the fund to scale its team, and technology, and enrich the catalogue of experiences it can provide employees.

Merak Ventures, Huddle launch accelerator programme to back climate tech startups

Accel, Matrix Partners, Sequoia Capital, Aavishkar Capital, Lok Capital, Nexus Venture Partners, and Stellaris Venture Partners have participated as ClimAct’s fund partners

Y Combinator, Sequoia Capital, others invest $2 million seed fund in workplace productivity app Aerotime

The product is live across 70 teams from different companies and is now coming out of private beta, said Aerotime.

Delivery delivers 10% returns to investors on day 1

Delhivery’s stock ended at Rs 537.25 a share on the BSE, against the issue price of Rs 487 apiece, thus closing with a premium of 10.3 percent. The stock price had touched a high of Rs 568.90 in the afternoon trade, a premium of 16.8 percent to the issue price.

Ola’s first employee Pranay Jivrajka starts up Allo Health, raises seed round

Prior to starting up, Jivrajka worked with Ola for almost a decade and headed Ola Foods from 2017 till early 2021.

Nexus VP co-founder Naren Gupta, pioneer of venture capital in India, passes away

He is survived by his wife, Vinita Gupta, and two daughters.

Mudrex raises $2.5 million in funding round led by Nexus Venture Partners

The funds will help Mudrex scale up the team and operations, acquire global regulatory compliances, and create innovative products, Nexus Venture Partners (NVP) said in a statement released on August 10.

Bengaluru based ed-tech startup Newton School raises $650,000 in seed funding

Newton School is an online edtech platform that trains people to be highly skilled software developers and get them placed in top companies and startups as frontend, backend and full stack software developers among other roles, it said in a release.

Steadview, Sequoia, others lead $50-million funding round in Unacademy

Observe.AI gets $8 million funding led by Nexus Venture Partners

Founded in May 2017 by Akash Singh, Sharath Keshava and Swapnil Jain, Observe.AI's voice AI platform provides call centre agents with real-time feedback.

Pando raises $2 million in seed funding

The company digitises logistics operations for Fortune 500 companies.

Namaste Credit raises $3.8 mn funding from Nexus Venture Partners

The company will use the series A funds to grow its geographic footprint, enhance technology and data analytics platform and further scale its businesses, a statement today said.

LiveHealth raises $ 1.1 mn in seed funding

The funding will be used by LiveHealth to expand its platform across India, explore international markets and to strengthen the product and technology, NVP said in a statement.

Online grocer Jumbotail raises USD 8.5mn in Series A from Kalaari & Nexus

The company plans to utilise the funds for building technology and enhance operational capabilities.

Jumbotail raises $8.5 mn from Kalaari Capital, NVP

The company plans to utilise the funds for strengthening its technology platform and enhancing operational capabilities, Jumbotail said in a statement.

Goodera raises $5.5 million from Nexus Venture Partners & Omidyar

The funds raised through this round will be utilised in enhancing technology, deepening domain expertise and supporting customer acquisition and experience