Bessemer Venture Partners (BVP) has introduced the shut of its $350 million fund, marking its second devoted India fund. The agency will look to backing early-stage startups throughout AI, SaaS, fintech, digital well being, shopper manufacturers, and cybersecurity.
The fund will primarily deal with Collection A and earlier-stage investments, however Bessemer stays stage-agnostic.
“Bessemer follows a roadmap-driven strategy, a form of funding thesis however extra particular and detailed. We’ll deal with early stage funding whereas additionally being open to development stage rounds as effectively,” stated Bessemer’s associate Anant Vidur Puri.
AI on the forefront
Puri famous that the agency sees AI as a transformative power throughout industries, with investments spanning foundational AI fashions, infrastructure instruments, and AI-powered providers.
“AI is an enormous space of focus, together with different roadmaps like FinTech, digital well being, and shopper web,” he stated. “DeepSeek has proven that you could construct a capital-efficient foundational mannequin with no need tens of billions of {dollars}.”
Fast commerce is one other high-growth space, enabling sooner distribution for shopper manufacturers.
The agency can be ramping up investments in cybersecurity, citing rising demand because of elevated on-line transactions, AI knowledge utilization, and India’s DPDP Act.
“99 per cent of enterprises plan to extend cybersecurity spending, and we see excessive demand for AI-driven safety options,” he added.
IPO and Exit Technique
The agency has backed a number of Indian startups which have gone public, and expects extra IPOs within the coming years.
“We’ve backed over 80 startups in India, had 9 IPOs, and a number of other secondary exits and M&A offers. The Indian public market is turning into extra receptive to essentially robust, well-governed companies,” stated Puri.
With this new fund, BVP goals to begin deploying capital within the subsequent six months.
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