Nandan Nilekani leaves GP role at Fundamentum as it launches $200M third fund
TechCrunch
Infosys co-founder Nandan Nilekani is stepping down as a general partner at Fundamentum while remaining as an anchor investor and advisor for its third fund.Summary
Nandan Nilekani, co-founder of Infosys, is transitioning from his role as a general partner at the venture capital firm Fundamentum. Despite this change, Nilekani will serve as an anchor investor for the firm’s new $200 million third fund and continue his involvement as a mentor and advisor. The leadership of Fund III will include Sanjeev Aggarwal, Prateek Jain, Mayank Kachhwaha, and Sanjay Chaturvedi. The firm plans to invest in 8 to 10 early-stage startups focused on consumer technology, fintech, and AI, reflecting the growing maturity of India’s domestic venture capital ecosystem.
(Source：TechCrunch)