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Nexus India Capital Closes Its Second Fund Of $220 Million

Posted on August 19, 2008

Indian venture fund Nexus India Capital has raised its second fund of $220 million. Nexus, which has fully committed its first fund of $100 million raised a year ago, will retain in its policy of investing in early stage companies in the second fund too, Suvir Sujan, a Co-founder and Managing Director of Nexus India Capital, told VC Circle in an interview. The fund was founded by Sujan, a former founder of Baazee.com (later sold to eBay India), Silcion Valley entrepreneur Naren Gupta and Sandeep Singhal of former e-Ventures India.The fund will invest anywhere from $1 million to $10 million in ...

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