Fund Scan: Nexus Venture hedges with US bets as big India exit still elusive

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For almost six months this year, India’s consumer Internet and startup sector had been abuzz with talk involving a proposed merger of online retailer Snapdeal with bigger rival Flipkart. Many Snapdeal shareholders were rooting for the merger—the chief among them was Japan’s SoftBank Group Corp. A few were not—notably, Nexus ......