nexus venture partners

Liquidnitro Games, which provides a variety of services to game publishers, has raised $5.25 million in a seed funding round led by Nexus Venture Partners.The firm did not disclose the valuation at which the funding happened. The funds will be used to boost capabilities around art, design, engineering, product and marketing, among other things, cofounder Sandeep Kowdley told ET in an interaction.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and…

A slew of homegrown food and beverage brands across categories such as pizzas, bubble teas and burgers are drawing funding from early-stage institutional investors and high net-worth individuals (HNIs).The investors are keen to benefit from rising demand for specialised products, as well as from these young startups’ rapid expansion into markets beyond tier I cities.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk…

Specialty coffee chain AbCoffee said it has raised $3.4 million (about Rs 28.1 crore) in a series A funding round led by venture capital fund Nexus Venture Partners. Existing investor Tanglin Venture Partners also participated in the round.The Mumbai-based company plans to deploy the new capital to accelerate its supply chain and technology stack, aiming to increase the accessibility and speed of its affordable specialty coffee through its retail “grab-and-go” outlets.Elevate Your Tech Prowess with High-Value Skill…

Karnataka has notified a ban on bike taxi services owing to what the Congress regime sees as an apparent lack of encouraging response from ride-hailing services to offer services with electric two-wheelers and gross misuse of the present policy.Transport department has withdrawn the Karnataka Electric Bike Taxi Scheme, notified on July 14, 2021. ET had on February 9 reported the government planned to end the bike taxi scheme in the state. Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

In the latest instance of tech-first venture capital firms investing in new-age consumer brands with offline presence, Nexus Venture Partners, known for SaaS expertise, is set to lead a $5 million funding round in specialty coffee brand AbCoffee, people in the know said. The round will see the coffee brand’s valuation treble to about $15 million in less than six months.In other deals, Nexus has handed out a term sheet to lab-grown diamond (LBD) maker Aukera, said the people cited above. Elevate Your Tech Prowess with…

Nexus Venture Partners, a US- and India-based venture capital major, has led a $25 million funding round in Orkes, an orchestration-focussed DevOps (developer operations) startup.The Cupertino, California-headquartered startup has witnessed significant growth since its initial launch and $9.3 million raise in 2022, as per a statement.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIIM KozhikodeIIMK Advanced…

Quick-commerce platform Zepto named Nikhil Mittal as its chief technology officer, elevating him from senior vice president of engineering, on Wednesday.Mittal joined Zepto as its first employee more than two years ago, and has been associated with the company since then. His elevation comes after the Mumbai-based startup recently raised $31.25 million in a fresh funding round from existing investors such as Goodwater Capital and Nexus Venture Partners.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Agilitas Sports, the sportswear and athleisure products platform started by former Puma India head Abhishek Ganguly, has raised Rs 100 crore in new funding from venture capital fund Nexus Venture Partners. As part of the investment, Suvir Sujan, MD, Nexus Venture Partners, will join the Agilitas board as an advisor. In May, the Bengaluru-based company raised Rs 430 crore from Convergent Finance LLP, which is led by former Fairfax India executive Harsha Raghavan. The Agilitas investment from Nexus underscores the growing…

Funding taps for Indian startups remained dry this week with only $61.6 million coming in as investments for new-age companies, across 15 rounds, according to market intelligence firm Tracxn.The funding plummeted by 73% in the week from Nov 20 to 25, compared to the same period last year, when startups secured $224 million across 39 rounds. However, compared to last week, funding activity saw an uptick of 52%.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced…

A day after Finnish wearables startup Oura Health filed a lawsuit in the US against Bengaluru-based Ultrahuman for patent and copyright violations, its cofounder Mohit Kumar took to X (formerly Twitter) saying that the former has been "extremely litigious and has sued many emerging companies in our space".ET reported on Friday that Oura has claimed Ultrahuman copied its technology and accessed proprietary information for developing its fitness ring, which the Alpha Wave and Nexus Venture Partners-backed company launched…