New fund
Bessemer closes $350 million second India fund
By Startup Enthusiast ·
- Date
- Company
- Bessemer Venture Partners
- What it does
- Bessemer Venture Partners
- Kind
- New fund
- Amount
- $350 million
- Based in
- Bengaluru
What they do
The second India-dedicated fund closed at $350 million, about Rs 3,051 crore, after being oversubscribed and capped at that size
What happened
Each cheque is sized between $5 million and $40 million, aimed at early-stage startups across AI, SaaS, fintech, digital health, consumer brands and…
Why it matters
Backers include global universities, foundations, sovereign wealth funds and family offices; the first India fund raised $220 million in 2021
The details
- Bessemer closed its second India fund at $350 million.
- The fund was oversubscribed but capped at that size.
- Cheques run from $5 million to $40 million, with follow-on support at later stages.
- Focus areas: AI, SaaS, fintech, digital health, consumer brands, cybersecurity.
Investors
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