Nexus Closes $700 Million Fund to Back Founders Building Transformative AI, Consumer, and Fintech Startups

Nexus Venture Partners, backing extraordinary founders at seed and Series A, helping them build product-first companies that redefine their categories, led by Abhishek Sharma, Anand Datta, Anup Gupta, Jishnu Bhattacharjee, Pratik Poddar, Suvir Sujan, and others, has announced the closing of Nexus Ventures VIII, a $700 million fund to back exceptional founders building AI, enterprise software, consumer and fintech startups at inception, seed, and Series A stages in the US and India. 

Founded by entrepreneurs and engineers with deep technical and operating expertise, Nexus Venture Partners has become a trusted go-to partner for early-stage founders over the past two decades. The firm has backed 130+ companies and achieved 30+ exits, including multiple IPOs, with a strong record in AI-stack innovators, developer platforms, open-source infrastructure, AI agents, consumer, and fintech startups.

From new-age AI startups like Avoca AI, Giga ML, TensorWave, Firecrawl, and Gumloop to established leaders such as Postman, Apollo GraphQL, Fingerprint, MinIO, Zepto, Turtlemint, Delhivery, and Rapido, Nexus has consistently backed exceptional founders reshaping their industries. Alongside seminal enterprise AI startups in the US, the firm is doubling down on generational consumer, fintech, and AI companies in India, one of the world’s fastest-growing digital economies, powered by advanced payment rails, mobile-first adoption, and ubiquitous broadband.

“The last few years have been surreal for technology, with breakthrough advances in generative AI and an unprecedented pace of adoption across consumers and enterprises,” said Nexus partners. “Every layer of the tech stack, from infrastructure to applications, is being rewritten, and agentic AI is redefining how work gets done, ushering in a new era of augmentation and automation.”

They added, “We’ve had the privilege of backing founders from their earliest days who have since taken their companies public, or are on the path to doing so. With Fund VIII, we’re doubling down on visionary entrepreneurs tackling the hardest problems and shaping the next wave of global innovation.”

Nexus’s deep presence across the Bay Area and India positions the firm to build category-defining companies in the world’s two largest startup ecosystems.