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Venture capital firm Unicorn India Ventures, which is in the midst of closing its third fund, is also working towards becoming a cross-border venture firm. While it will take the firm a few years to reach that destination, the groundwork for this has begun under the firm’s founder and managing partner, Bhaskar Majumdar.
Cross-border funds have their unique advantages: they allow funds to build strong connections in two countries and create a network that encompasses both regions.
In India, Nexus Venture Partners is the only venture capital (VC) that has such a structure. “Once we close the third fund,