Nexus Venture Partners Closes Fund III (Asia)

Source: Nexus Venture Partners

Indian venture capital firm Nexus Venture Partners has announced the closing of its third fund with US$270 million in commitments. The firm reported that Nexus III closed six months ago and includes endowments, foundations and financial institutions among its investors. The fund will follow the investment pattern of its predecessors, which have made over 40 investments in early stage companies across the technology, internet, media, consumer and business services sectors.