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NuVentures unveils $75M fund to back AI startups with India connect

  • NuVentures, an early-stage venture capital firm, has unveiled a $75 million fund to support AI startups with a strong India connection.
  • The fund plans to invest in four to five startups annually, with investments ranging from $250k to $750k.
  • NuVentures aims to connect startups with customers through its technology company NuWare, helping them gain market feedback and access to customers.
  • The fund's primary focus will be on AI, SaaS, and consumer tech startups, with a preference for those based in the US with engineering work done in India.

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