Bessemer Venture Partners has announced the closure of its second dedicated India fund, securing $350 million in capital. The fund is aimed at supporting early-stage startups and guiding them through subsequent growth phases.
The new fund will focus on key sectors, including AI-enabled services, SaaS, fintech, digital health, direct-to-consumer brands, and cybersecurity. This initiative strengthens Bessemer’s commitment to early-stage investments, a segment that has accounted for over 80% of its India investments in the past five years.
Bessemer first entered the Indian market in 2006 and has since invested in more than 80 startups. The firm’s first India-focused fund backed notable companies such as Boldfit, MoveInSync, Pepper Content, Shopdeck, Vetic, and Zopper. Beyond its dedicated India investments, Bessemer has also supported category leaders like BigBasket, Livspace, Perfios, Swiggy, and Urban Company.
The venture firm has seen significant success in India, with nine portfolio companies going public. Globally, Bessemer has backed over 300 companies across enterprise, consumer, and healthcare sectors, with 145 IPOs to date. Its portfolio includes prominent names like ServiceTitan, Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr, and Toast. Bessemer currently manages more than $18 billion in assets.
With this new fund, Bessemer aims to deepen its presence in India’s startup ecosystem, providing crucial early-stage capital and long-term support to promising ventures.
