Nandan Nilekani leaves GP role at Fundamentum as it launches $200M third fund
Nandan Nilekani is stepping down as a general partner at Fundamentum Partnership, a venture capital firm he co-founded, while remaining an anchor investor and advisor. The firm is simultaneously launching its third fund with a target of $200 million to support Indian startups.
Why it matters
Nilekani is a major figure in India's tech ecosystem, and his transition signals a shift in leadership for one of the country's prominent venture capital firms.
Nandan Nilekani, co-founder of Indian IT services giant Infosys, will no longer serve as a general partner at Fundamentum Partnership , the venture capital firm he co-founded nearly a decade ago.
The report is a straightforward business announcement regarding leadership changes and fund raising.
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