Bessemer’s $350M India Fund Fuels Early-Stage Startups in AI, SaaS, and Fintech
Bessemer Venture Partners has launched a new $350 million fund dedicated to early-stage startups in India. The move strengthens the firm’s long-standing support for the country’s growing entrepreneurial scene. Over the years, Bessemer has backed more than 80 Indian startups, including well-known names like BigBasket, Swiggy, and Urban Company.
Apollo Global Management, another major investor, has also reaffirmed its commitment to India. The firm plans to finance promising founders and guide them through every stage of business growth.
The new Bessemer fund will target startups in sectors such as AI-enabled services, SaaS, fintech, digital health, direct-to-consumer brands, and cybersecurity. This focus aligns with the firm’s recent investment pattern—over 80% of its Indian deals in the last five years were in Series A or earlier stages.
Vishal Gupta, Partner and Managing Director at Bessemer’s Bengaluru office, highlighted the fund’s role in reinforcing the firm’s dedication to India. Bessemer’s global portfolio already features major companies like Pinterest, Shopify, Twilio, and LinkedIn.
Meanwhile, Apollo Global Management has expanded its presence in India over the past two decades. The firm now aims to boost the startup ecosystem by providing funding and strategic support to founders at all growth levels.
The $350 million fund will provide fresh capital for early-stage Indian startups across key industries. Bessemer’s continued investment reflects confidence in the country’s entrepreneurial potential. Apollo’s parallel efforts further signal strong backing for India’s evolving business landscape.
