Reported about 10 hours ago
Bessemer Venture Partners has successfully raised $350 million for its second India-focused fund to invest in sectors like AI, fintech, and direct-to-consumer brands. The fund, slated for allocation starting mid-2025, aims to continue supporting early-stage startups, building on its previous investments in successful companies like Swiggy and Ola. This move comes amid a generally subdued fundraising climate for Indian startups, with overall investment dropping in the past year.
Source: YAHOO