Business Standard

Canadian pension fund CDPQ backs Nilekani-Aggarwal's mid-market fund

With a target size of approximately 100 million, Fundamentum Partnership Fund I is expected to invest an average of up to 15 million in select startups


Ranju Sarkar New Delhi
Canadian pension fund La Caisse de depot et placement du Quebec (CDPQ) has invested $20 million in the maiden growth fund of Fundamentum, a venture capital firm by Infosys founder Nandan Nilekani and veteran venture capitalist Sanjeev Aggarwal. 
Fundamentum is a scale-up platform for mid-stage technology companies in India, which benefits from the experience of its two founders, Nandan Nilekani (co-founder of Infosys) and Sanjeev Aggarwal (founder of Daksh, Helion), alongside a network of entrepreneurs and key investors. 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 29 2018 | 5:34 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to