Fundamentum launches Rs 2,200 crore growth fund with Nandan Nilekani as anchor LP

Short summary

Fundamentum has launched its third fund, Fundamentum Fund III, with a corpus of Rs 2,200 crore targeting growth-stage investments. Nandan Nilekani serves as the anchor LP in what is reportedly his largest commitment to a venture capital firm. The fund will be managed by GPs Sanjeev Aggarwal, Prateek Jain, Mayank Kachhwaha, and Sanjay Chaturvedi, following the firm's 2017 and 2022 vintages.

• •Fundamentum Fund III launched with Rs 2,200 crore corpus
• •Nandan Nilekani anchors as largest LP commitment to a VC firm
• •GPs include Aggarwal, Jain, Kachhwaha, and Chaturvedi

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