Nexus India Capital has closed a $100 million venture fund to invest in tech and media startups (among other sectors) in India. Nexus has invested in five startups till now, including mobile2win and DimDim. Three more will be announced soon.
The founders of the fund and its advisory companies include industry veterans and successful venture investors, Naren Gupta, Sandeep Singhal, and Suvir Sujan. Some more details in this BS story.
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