**Nexus Maintains Strong India Focus with Half of New $700M Fund**
Venture capital firm Nexus Venture Partners has unveiled a strategic allocation for its latest $700 million fund, committing a significant half of the capital to startups within India. This move underscores Nexus’s enduring belief in the vibrant Indian tech ecosystem, even as the global investment landscape increasingly pivots towards artificial intelligence.
The decision highlights a measured approach, indicating that while AI likely remains a key area of interest, Nexus is not “going all in” on the technology. Instead, the firm is doubling down on its roots and established success in India, providing a substantial capital injection into the subcontinent’s diverse startup scene. This balanced strategy allows Nexus to continue nurturing innovation in its core market while also exploring other high-potential sectors and technologies, including AI, with the remaining capital.