Bessemer Venture Partners raises $220 Mn for India-focussed early stage fund


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US-based Bessemer Venture Partners has closed an India-dedicated early-stage focussed fund with a $220 Mn corpora. Along with the raised fund, the venture capital firm (VC) has also appointed ex-India Resurgence Fund executive and VixCap founder Nithin Kaimal. Kaimal joins Bessemer as the COO for the VC’s Bengaluru office to oversee operations, portfolio services, and fund governance.