Bessemer Venture Partners

The Silicon Valley based Bessemer Venture Partners who already invests in some of the companies in India, is planning to invest another $40 to $50 million in the country this year. The company that is best known for its investment in companies such as professional social network LinkedIn and restaurant directory player Yelp, is looking for opportunities in the growing healthcare and financial technology. "We are more selective than spray and pray. Investing pace in India is business as usual. In the last 18 months we have backed five new companies." says Vishal Gupta who manages the firm's operation in India. Silicon Valley has previously invested $700 million in 47 portfolio companies over the last decade in India. The venture capital firm is all prepped up energy with Anant V...

Food ordering and delivery platform Swiggy said it has raised $15 million in a fourth strategic round of funding (Series D) from Bessemer Venture Partners, with existing investors also participating. The freshly raised funds are expected to fuel company's next growth phase, with an improved customer experience. This will include technology upgrades, a wider spread of restaurants to choose from and better delivery efficiency, Swiggy said in a statement here. This comes close on the heels of the $35 million (nearly Rs 232.85 crore) it raised in January 2016 from existing and new investors, including New York-based Harmony Partners and Singapore-based RB. With this latest round of funding, the company has now raised $75.5 million (nearly Rs 502.28 crore) in all, it said. "Our strong...

Tag: Bessemer Venture Partners

Silicon Valley based Bessemer Venture plans to invest upto $50 Million in India in 2018

Swiggy Raises Rs 100 Crore from Bessemer Venture Partners