Key Takeaways
- • Anup Gupta, partner at Nexus Venture Partners, is set to leave the firm in June 2024 after nearly 17 years, according to The Economic Times.
- • Gupta has backed Turtlemint (recently listed), fintech startup Kiwi and ecommerce software firm Unicommerce during his tenure at Nexus.
- • The exit adds to a wave of senior departures at leading Indian venture capital firms, including Puneet Kumar from SuprDaily and Sameer Brij Verma from Nexus, who are both pursuing new ventures.
- • Gupta's departure comes less than a year after Nexus, an investor in Zepto, Rapido and Postman, raised its eighth fund.
Summary
Anup Gupta is leaving Nexus Venture Partners in June, marking the end of a nearly 17-year tenure with the firm, according to The Economic Times. The report describes his exit as part of a continuing trend of significant senior departures at India's top venture capital firms. Gupta's portfolio investments include recently listed Turtlemint, fintech startup Kiwi and ecommerce software firm Unicommerce.
The departure follows other recent exits. Puneet Kumar has left SuprDaily, and Sameer Brij Verma has left Nexus, and both are pursuing new ventures. The report notes that the timing comes less than a year after Nexus raised its eighth fund. Nexus has invested in Zepto, Rapido and Postman.
The article frames these moves as evidence of ongoing partner churn across Indian VC firms. The source does not detail Gupta's next role or any changes to Nexus's investment team.
The departure follows other recent exits. Puneet Kumar has left SuprDaily, and Sameer Brij Verma has left Nexus, and both are pursuing new ventures. The report notes that the timing comes less than a year after Nexus raised its eighth fund. Nexus has invested in Zepto, Rapido and Postman.
The article frames these moves as evidence of ongoing partner churn across Indian VC firms. The source does not detail Gupta's next role or any changes to Nexus's investment team.
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