Nexus Venture Partners opens Bangalore Office, expands team

Nexus Venture Partners, India’s leading venture capital fund has announced the opening of its Bengaluru office and additions to its team to further strengthen its abilities to partner with Indian entrepreneurs.

Nexus Venture Partners’ office in Bengaluru is being started by Sameer Verma who has relocated from the firm’s Mumbai office. Sameer has been actively involved in early stage investing in technology companies for several years in both the US and India. He has been involved in companies such as Cloudbyte, Stoke, Tessolve and One97. Sameer is a technologist with prior experience as a solutions architect at Ericsson and at UTStarcom. Nexus plans to add to the Bengaluru team over the coming months.

Naren Gupta, MD & Co-founder, Nexus Venture Partners, says, “We have been fortunate to work with an exceptional group of entrepreneurs. We strive to be the best value-added partner for management teams. Our Bengaluru office will work with our Mumbai and Silicon Valley teams to support our expanding group of partner companies in the region.”

Parag Dhanuka has joined the investment team in Mumbai. Prior to Nexus, Parag started a company in online education. Parag also has several years of operating experience in technology at Google and Komli Media and consulting experience at The Boston Consulting Group. Parag has an MBA from Indian School of Business, a B. Tech in Computer Science from IIT Kharagpur, and holds two US patents.

Arun Madhu joins the Mumbai office as General Counsel from Phoenix Legal. He has significant transactional experience with VC/PE funds and has also advised entrepreneurs and companies on investments and exits. Arun started his career at Trilegal.

The Nexus team comprises successful entrepreneurs with extensive investing and operating experience in India and across the globe. They understand the opportunities as well as the unique challenges faced by entrepreneurs as they build world-class companies. Partner companies have access to the entire Nexus team in India and Silicon Valley for help in recruiting talent, forging new alliances, opening doors to new customers, shaping the strategy and connecting with best of breed advisors or board members.

About Nexus Venture Partners

Nexus Venture Partners (www.nexusvp.com) is India’s leading venture capital fund, with offices in India and Silicon Valley. It has $320m under management and an active portfolio of over 40 companies across technology, internet, media, consumer, business services sectors. The Nexus team plays an active role in helping entrepreneurs and management teams build market leading businesses. Some of the companies that Nexus has invested in include Cloud.com (Cloud provisioning platform acquired by Citrix), Gluster (Open source cloud storage, acquired by Red Hat), Pubmatic (Publisher Ad revenue optimization), DimDim (Open Source Web Conferencing acquired by Salesforce.com), Snapdeal.com (Daily deals platform), MapMyindia (Digital Navigation), Netmagic (Managed Services and Cloud acquired by NTT), Komli (Online ad network), Prana (Animation services), and Bigshoebazaar (Online wholesale cash & carry platform).Investors in Nexus include leading university endowments, foundations and sovereign funds.

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