Nandan Nilekani makes his largest VC bet yet in Fundamentum’s Fund III

White spaces in the thesis

The nearly decade-old company will focus on consumer technology, fintech and AI-based enterprise businesses, as in its previous funds. Approximately 80% of the fund will be invested in the first two sectors, while the remaining part will be invested in the third sector. AI in particular is a new investment theme for Fundamentum in Fund III.