Nexus Venture Partners
Recent Highlights
All Stories for Nexus Venture Partners
Snapdeal board meet: No agreement on sale to Flipkart as valuation impasse continues
•The meeting remained inconclusive as NVP -- an early-investor in Snapdeal -- has still not agreed to the valuation given by SoftBank
Snapdeal board is expected to meet on Tuesday to discuss sell-out to Flipkart
•The board of Snapdeal is expected to meet tomorrow to discuss the potential sale of India's third largest e-commerce firm to larger rival Flipkart.
Snapdeal sellout: Board to meet today to discuss potential sale to Flipkart
•Snapdeal was valued at US $6.5 billion in its last funding round in February 2016. The valuation, however, has shrunk since then.
Snapdeal has planned 12-15 percent hike to reassure employees about future
•E-commerce major Snapdeal will shell out an average pay hike of 12-15% as it looks to assure employees amid the online marketplace scouting for a potential buyer.
Snapdeal board weighs sale to Flipkart; Softbank appoints 2nd director
•SoftBank is the largest shareholder in Snapdeal.
Nexus Venture Partners IV raises $450 million, crosses $1 billion in assets
Fp Staff •Nexus Venture Partners has three earlier funds - Fund I ($100mn) was announced in 2007, Fund II ($220mn) closed mid 2008 and Fund III ($270mn) in end of 2012.
Docker software developer Rancher Labs bags funding from Nexus Venture Partners
Fp Staff •US-based startup Rancher Labs, which is developing Docker infrastructure software, has secured $10 million in Series A funding from Mayfield and Indian VC firm Nexus Venture Partners.
Pune-based Arkin raises $15 million funding; launches Platform and Cloud Service
Fp Staff •The company also announced the availability of their Platform and Cloud Service, that brings visibility and converged operations to software-defined data centers (SDDC).
Housing.com acquires Realty Business Intelligence for $2-4 mn, looks to better analytics
Fp Archives •Sources said Merisis Advisors were the advisors to the deal, but the company also declined to comment when reached.
Every employee now a shareholder: Rahul Yadav gifts his entire Housing.com stake to staff
Fp Staff •Yadav seems to be bracing for another run-in with Housing.com's board
