Canvas Category Consultancy : Company : Venture Capital
Founded in 2006, Nexus was one of the first India-US venture funds started by successful entrepreneurs in enterprise technology and consumer internet. Nexus has been a pioneer of investing in global technology products and technology-led businesses for India.
B2B cloud manufacturing startup CapGrid raises $7 million in fresh funding
Gurgaon-based CapGrid, a B2B cloud manufacturing startup for precision parts and components, has raised $7 million (about Rs 57 crore) in a Series A round led by Nexus Venture Partners. CapGrid said it is currently getting over 5,000 different precision components manufactured through its supplier network of more than 300 partners. CapGrid’s AI-powered platform and network of suppliers allows manufacturers to reduce the complexities in the direct material sourcing and procurement process.
Specialty chemicals startup Covvalent raises $4.3 million in seed funding from Nexus VP, others
Gurugram-based startup Covvalent, which operates in the B2B speciality chemicals space, has raised $4.3 million in a seed funding round led by Nexus Venture Partners. The startup, founded this year by IIT Kharagpur alumni Sandeep Singh and Arush Dhawan, operates as a tech-enabled managed marketplace for speciality chemicals such as pigments, resins, additives, binders and polymers.