New Delhi, Feb. 12 -- Infosys co-founder Nandan Nilekani's venture firm Fundamentum is preparing to sharpen its fintech bets in its upcoming third fund, banking on India's digital public infrastructure and a widening financial inclusion gap to drive the next wave of growth, according to a top executive at the firm.

"India's digital public infrastructure is set up and ready, the ecosystem is ready, and the market is still completely wide open from a financial inclusion point of view," Mayank Kachhwaha, who leads fintech investments at the VC firm, told Mint.

Fundamentum recently led a $23 million Series C round in Olyv, a personal loan provider platform. Nilekani's VC fund has previously participated in Flexiloans' $44 million Series C i...