Nexus India Closes Second Fund

Nexus India Capital has closed its second fund with $220 million in capital commitments. The Mumbai-based firm focuses on early-stage companies with significant market opportunities or delivery presence in India

PRESS RELEASE

Nexus India Capital, India's leading early stage fund today announced the closure of Nexus India Capital II, L.P., a $ 220 million fund which will invest in early stage companies with significant market opportunity or delivery presence in India. The fund will focus on domestic consumer and business services, technology, media and cleantech, investing up to 10 million dollars per company.

The Fund was raised in turbulent market conditions and was significantly oversubscribed. The Fund's investors include leading endowments, foundations, sovereign wealth funds and other institutions from North America, Europe and Asia.

Commenting on the occasion, Mr. Naren Gupta Managing Director of Nexus India Capital said, “We are delighted to have received such overwhelming support for Nexus, which underscores the attractiveness of the investment opportunity and the expertise of our investment team. The closure of the Fund during the global market meltdown represents a major endorsement of our track record in spotting winners in early stage investments and Investing behind six-sigma entrepreneurs who are creating market leaders”.

Nexus is founded by CEOs of successful high growth global companies