Bessemer Venture Partners announced the close of $350 million in capital for its second dedicated India fund, focusing on early-stage startups and supporting them through subsequent growth stages.
The new fund will enhance the firm’s focus on early-stage investments, across AI-enabled services and SaaS, fintech, digital health, direct-to-consumer brands, and cybersecurity.
Speaking on the fund raise, Vishal Gupta, Partner and Managing Director of the firm’s Bangalore office said, “This fund deepens our commitment to India’s startup ecosystem as we continue backing the next generation of entrepreneurs building technology-led businesses. We remain focused on identifying and investing in founders who are driving innovation, solving complex challenges, and building market-defining companies. Beyond providing capital, we bring deep sector expertise, a global network, and hands-on support to help founders navigate their growth journeys and scale sustainably.”
Anant Vidur Puri, Bessemer Partner, said, “India is at the forefront of the AI-driven transformation, with founders building domestic as well as globally competitive businesses across enterprise software, fintech, and consumer technology. As AI adoption accelerates, we see immense opportunities for innovation, and this fund allows us to back entrepreneurs shaping the next phase of India’s digital economy.”
With more than 145 IPOs and 300 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth.
Bessemer first established its India presence nearly two decades ago in 2006 and has since invested in more than 80 startups in the country. More than 80% of its investments in India over the last five years have been in early-stage companies.
The firm’s first dedicated India fund backed notable startups including Boldfit, MoveInSync, Pepper Content, Shopdeck, Vetic, and Zopper, while its broader portfolio includes category leaders like BigBasket, Livspace, Perfios, Swiggy, and Urban Company. The firm has also seen nine IPOs within its India portfolio.
Bessemer’s global portfolio has included ServiceTitan, Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr, and Toast and has more than $18 billion of assets under management.
