Infosys cofounder Nandan Nilekani and Helion Ventures founder Sanjeev Aggarwal have launched Fundamentum III, their third growth-stage technology fund, with a target corpus of Rs 2,200 crore, including a Rs 400 crore greenshoe option, at a time when scale-up capital remains selective after the post-pandemic funding reset.
Nilekani will be anchoring the fund with what Fundamentum described as his largest investment in a venture capital firm. The vehicle will be led by Aggarwal, Prateek Jain, Mayank Kachhwaha, and Sanjay Chaturvedi as general partners.
