Nexus Venture Partners Bets Big on India, Steps Back from AI Frenzy

Nexus Venture Partners Bets Big on India, Steps Back from AI Frenzy

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Nexus Venture Partners is channeling approximately 50% of its recently secured $700 million fund into Indian startups, demonstrating a strategic emphasis on the Indian market and a measured perspective on the current AI investment boom. With a total of $3.2 billion in assets under management, Nexus intends to maintain a diversified portfolio, spreading its investments across a range of industries within India.