Venture Capital · Profile from Venture Capital Research Companion
Nexus Venture Partners
The India–US early-stage firm, founded in 2006, that runs a single fund and one integrated team across Menlo Park, Mumbai and Bengaluru, backing Indian consumer and logistics companies (Snapdeal, Delhivery, Rapido, Zepto) alongside developer-infrastructure software sold globally (Postman, MinIO, Druva, Observe.AI), and that has kept to ~$700m funds while peers raised much larger vehicles.
At a glance
- Founded
- 2006 (first fund of ~$100m, closed ~2006–07; reported)
- Founders
- Naren Gupta (Silicon Valley; co-founder of Integrated Systems Inc., later part of Wind River), Sandeep Singhal (Mumbai; previously with Warburg Pincus in India, reported) and Suvir Sujan (Mumbai) (reported; some sources list Sujan as a founding managing director rather than co-founder)
- Headquarters
- Legal domicile in Delaware (per TechCrunch); offices in Menlo Park, Mumbai and Bengaluru
- Ownership / structure
- Private partnership. One fund per vintage covering both India and the US, with a single investment team (no separate India and US vehicles)
- Leadership (2026)
- Managing directors include Jishnu Bhattacharjee and Abhishek Sharma (US), and Sameer Brij Verma and Suvir Sujan (India) (verify full current roster); investment team of ~8 (TechCrunch, December 2025)
- AUM / capital raised
- ~$3.2bn across funds (TechCrunch, December 2025). Fund VII $700m (2023); Fund VIII $700m (closed December 2025)
- Stage focus
- Inception, seed and Series A; initial cheques from a few hundred thousand dollars to ~$1m, with heavy follow-ons in breakouts. Roughly half of capital for India (consumer, fintech, digital infrastructure) and half for US enterprise and AI infrastructure (reported)
- Signature investments
- India: Snapdeal, Delhivery, Rapido, Zepto, Turtlemint, Infra.Market, Neysa. US/global software: Postman, MinIO, Druva, Observe.AI, Apollo.io, Giga, Firecrawl. Disappointments: Snapdeal (collapse from ~$6.5bn peak); several 2021-vintage marks untested
8 deals and moves analysed
Each one gets a full strategy file in the companion: context, the decision, the financing, what happened, and the lesson.
2011
Druva
Series B
2011
Snapdeal
Series A
2013
Delhivery
Series B
2015
MinIO
Seed
2015
Postman
Seed
2016
Rapido
Early Round
2018
ObserveAI
Series A
2021
Zepto
Series A