Indian venture investors are shifting focus from tech startups to safe havens, including direct-to-consumer brands. The trend is towards larger fund sizes, profitability, and slower growth, resembling mid-market private equity. AI investments are lacking in India, leading VCs to diversify into offline spaces and PE territory.
Kumar joining Nexus Venture Partners adds to a long list of top personnel changes at venture firms in India over the last 8-10 months. He was previously at startup accelerator Y Combinator and had also founded Supr Daily along with Shreyas Nagdawane and Rohit Jain.
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