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Nandan Nilekani leaves GP role at Fundamentum as it launches $200M third fund
Nilekani (pictured above) will be stepping down from his role as Fundamentum launches its third fund, targeting to raise about $200 million. He will be the fund’s anchor investor, and continue advising the firm and mentoring portfolio companies, his co-founder Sanjeev Aggarwal told TechCrunch.
Aggarwal described the shift as “just a title thing,” saying Nilekani would continue to advise the firm, mentor portfolio company founders, and provide strategic guidance. “He is an integral part of our firm. The one thing that he enjoys the most is mentoring the teams that we back, and he will continue to do so in Fund III.”
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