The firm has realised seven IPOs within India including Home First Finance, IEX and .īessemer’s global portfolio includes Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr and Toast and has $9 billion of capital under management.įunds such as A91 Partners, Stellaris, Chiratae, Blume among others have raised India focused funds in the recent past, larger than their previous funds to back growing opportunities coming out of the Indian new age economy.ĭon’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. Today, it has five companies within its portfolio valued at more than $1 billion including Livspace and MyGlamm. A collaborative investor, Kate is a champion of early-stage founders breaking technological. The firm has additional offices based in San Francisco, Boston, New York, Larchmont, Bangalore, Tel Aviv, and London. Bessemer Venture Partners promotes Kate Walker to Vice President. The firm seeks to invest in the software, cloud tech, cryptocurrency, web tech, consumer, enterprise, and healthcare sectors. For more than a decade, Bessemer has made over 200 cloud investments and has one of the largest cloud portfolios of any venture firm in the world. “Through this new fund, we will continue to partner with the best entrepreneurs who are looking to build for this opportunity within India and beyond.” Founded in 1911, Bessemer Venture Partners is a venture capital firm based in Redwood City, California. We’re releasing 'Scaling to 100 Million' as the industry’s definitive benchmarking report for cloud companies looking to scale to new heights. “India represents a trillion-dollar digital opportunity across consumer internet and SaaS as we predict 500 million more people will engage and transact online in the next ten years,” said Anant Vidur Puri, partner at Bessemer Venture Partners. Kaimal joins Bessemer from VixCap, an investment management firm he founded and led. With the new fund, the firm has also appointed Nithin Kaimal as chief operating officer of Bessemer’s Bengaluru office, where he’ll oversee operations, portfolio services and fund governance. “We see a sizable market of India-based companies that will disrupt global markets.” “As we look at where innovation is stemming worldwide, it’s clear that the India startup ecosystem is more vibrant than ever,” said Bob Goodman, partner in Bessemer’s New York office.
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