SuprDaily founder Puneet Kumar quits Nexus Venture Partners to launch new startup

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SuprDaily founder Puneet Kumar, who joined Nexus Venture Partners in 2024, has quit the investment firm less than two years on, people aware of the development told ET. SuprDaily, a morning grocery delivery service founded by Kumar with Shreyas Nagdawane and Rohit Jain, was acquired by Swiggy in 2021 and then subsequently merged into its quick commerce unit, Instamart, in 2024.

“Puneet is considering starting up again and is building in stealth…,” one of the persons said. Kumar was previously at startup accelerator Y Combinator, where he was a…



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SuprDaily founder Puneet Kumar quits Nexus Venture Partners to launch new startup



SuprDaily founder Puneet Kumar, who joined Nexus Venture Partners in 2024, has quit the investment firm less than two years on, people aware of the development told ET. SuprDaily, a morning grocery delivery service founded by Kumar with Shreyas Nagdawane and Rohit Jain, was acquired by Swiggy in 2021 and then subsequently merged into its quick commerce unit, Instamart, in 2024.

“Puneet is considering starting up again and is building in stealth…,” one of the persons said. Kumar was previously at startup accelerator Y Combinator, where he was a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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