Bessemer Venture Partners’ investment philosophy

Good Morning,

US-headquartered venture capitalist firm Bessemer Venture Partners has announced its first India-dedicated fund of $220 million, which will be deployed to back early-stage companies from the India fund, investing in seed and Series A rounds. The fund is being deployed from its $2.5 billion global fund.

In a conversation with YourStory, Anant Vidur Puri, Partner at Bessemer, talks about how the VC firm will deploy its India-focused fund, what Bessemer's philosophy of investing in startups is, and how it deals with competition.

"We spend a lot of time meeting all companies in a sector, sub-sector, talking to experts, talking to industry leaders, and then decide this is a space that we believe is ripe for disruption and value can be created," he says.

An IIT Delhi and Harvard Business School graduate, Anant Vidur Puri has been a Partner with Bessemer for the last three years. He sits on the boards of TravelTriangle, Cashify, and Remedinet, apart from being involved with Urban Company, Swiggy, and StayGlad.

Bessemer Venture Partners has been investing in India for the last 15 years, backing 60 ventures with $700-800 million. Some of the companies in its portfolio include sector leaders such as Pharmeasy, Bigbasket, Livspace, and the THE GOOD GLAMM GROUP.

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News & Updates

• Girish Mathrubootham, Freshworks CEO, said the introduction of auto-debit guidelines for recurring payments by the Reserve Bank of India (RBI) was 'not helping' Indian Software-as-a-Service (SaaS) businesses.

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• Digital payments and financial services firm Paytm is expecting to increase revenue and monetisation methods on its platform in the next few quarters, according to a top company official.

Before you go, stay inspired with… 

“Do not throw money at the problem and hire from another company. Having a long-term mindset is important and we need to invest in talent.”

— Girish Mathrubootham, Founder and CEO, Freshworks

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