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Bessemer names Mayank Khanduja India partner

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Bessemer Venture Partners logo
Date
Company
Bessemer Venture Partners
What it does
Global venture capital firm
Kind
People
Based in
Redwood City
Founded
1911
Sector
Financial Services

What they do

Bessemer Venture Partners is a global venture capital firm that has backed Indian startups for more than twenty years

What happened

It hired Mayank Khanduja as partner for India, about nine months after he left Elevation Capital after fifteen years

Why it matters

He will sit in Bengaluru and back founders from their first institutional round, across consumer tech, health, AI and deeptech

The details

  • Mayank Khanduja joins as Partner for India.
  • He will work from the Bengaluru office.
  • He focuses on early-stage deals.
  • He left Elevation Capital about nine months ago.

The bigger picture

  • Early-stage India bets are a stated priority for the firm.
  • He brings a long record of backing Indian founders.
  • It shows senior VC talent moving between firms.

About the business

  • Bessemer is a US venture firm founded in 1911.
  • It has offices in India, Israel, Hong Kong and the UK.
  • It has invested in India for over two decades.

Founders

  • **Henry Phipps Jr.** — steel magnate and Carnegie Steel co-founder whose family fortune seeded the firm in 1911; it became Bessemer Venture Partners as a professional venture firm in 1974.

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