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 Good Glamm Group.

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