While many venture firms seem to only have eyes for AI these days, Nexus Venture Partners is deliberately splitting its focus for its new $700 million fund. The firm will back AI startups and seek out India-focused startups in consumer, fintech, and digital infrastructure. AI has soaked up most of the venture capital raised globally and the 20-year-old VC firm also sees AI as a defining technological shift. But it argues crowding into a single, overheated category carries its own risks. India’s