Gupta has invested in tech startups for over ten years
Did someone say slowdown? After Helion Venture Partners earlier this year — see post — Mumbai-based Nexus India Capital has raised its second fund — the $220 million Nexus India Capital II, LP. The firm, which launched operations here in 2006 with a $100 million Fund I, has invested in 13 companies so far. List below:
- Dimdim: Open source web conferencing (2006)
- DLight: LED lighting products
- Games2Win: Online gaming
- Kirusa: Voice SMS services
- Komli: Online advertising (2007, Rs 30 crore, with DFJ and Helion)
- CE Info Systems: Navigable maps (2007, Rs 10 crore)
- Mistral Solutions: Embedded systems
- Mobile2Win: Mobile value-added services
- Netmagic Solutions: Internet infrastructure (2008, Rs 80 crore, with Fidelity International)
- Suminter India Organics: Organic farming logistics (2007)
- Unicon: Retail financial solutions (2008, Rs 120 crore, with Sequoia Capital)
- Undisclosed: Animation studio
- Undisclosed: Online auctions
Nexus invests in 6-8 companies a year and straddles the cross-border, US Silicon Valley and India corridor. Managing director Naren Gupta works out of the Valley while directors Sandeep Singhal and Suvir Sujan work out of Mumbai and make up the firm’s founding team.
Photo: Nexus India Capital Website
ouch, that portfolio must hurt!
Snigdha, Question for Naren,
With listed companies looking cheap at current levels are they looking to invest in them, If yes which sector or companies do they have the eye on?
tnx,
satish
Hi Satish, Nexus doesn’t invest in listed companies. I saw your question after the interview — should have sent it via Twitter
. Anyway, I hope their responses in the interview helps address your question.