 "Anant Vidur Puri, Bessemer Partner")
Bessemer Venture Partners has closed $350 million in capital for its second dedicated India fund to back founders in the region, who build enduring companies.
The new fund will enhance the firm’s focus on early-stage investments across artificial intelligence (AI)-enabled services, software as a service (SaaS), fintech, digital health, direct-to-consumer brands, and cybersecurity.
Bessemer has a proven track record of backing companies at the early stage and supporting them through their growth.
Over the past five years, more than 80 per cent of its investments in India have been in early-stage ventures.
“We will invest entirely in Indian companies while
