First, news of the cavalry. In succession, partners have left the firm between 2013 and 2015 with no new names replacing the old guard. So, today, Bessemer Venture Partners (BVP) in India is down to two people—vice-president Raghav Bahl and managing director Vishal Gupta. Safe to say that things have been in flux for a while. In the short span of 2013-15, the firm saw the departure of two managing directors. Siddharth Nautiyal, who was associated with BVP from the early days in 2006, left in 2013. And Subramanya S V quit to set up a financial technology company called Fisdom in 2015.
Long wait for exits
Bessemer Venture Partners hits a pause in India
After an aggressive stint between 2014-16, the storied Silicon Valley venture capital firm is going to take things slow in India. It will use the time to think through how it wants to play in the ecosystem
Bessemer Venture Partners India is reducing the number of deals and its commitment to Indian startups
It is one of the few Silicon Valley based venture capital firms which invests from a global fund
Bessemer's position on investment in India becomes crucial as the firm will hit the road by second half of 2018 to raise a new fund
The challenges faced by BVP India are similar to that of other Valley investors who are looking at new geographies or remain focused on the US market for better exits