Nandan Nilekani backed Fundamentum Partnership launches Rs 2,200 Cr third fund

The Fundamentum Partnership, a venture capital firm focused on Series B investments, has launched its third fund with a target corpus of Rs 2,200 crore. The firm's founding partner, Nandan Nilekani, will serve as the anchor investor. Founded in 2017 by Infosys co-founder Nandan Nilekani and Sanjeev Agarwal, Fundamentum will use the new multi-sector fund to back startups across consumer technology, fintech, and AI-native as well as AI-enabled businesses.