Nandan Nilekani steps down as GP of Fundamentum ahead of launch of $200M third fund

Nandan Nilekani is a co‑founder of the Indian IT giant Infosys. He has also been a general partner at venture firm Fundamentum. Nilekani is leaving his GP role at Fundamentum. The departure is announced as the firm launches its third fund. The third fund is valued at $200 million. This is Fundamentum’s third investment fund. The announcement was made as Nilekani spoke at the Semafor World Economic Summit on April 12, 2023 in Washington, DC. He addressed the summit in Washington, DC on April 12, 2023.