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Media Mention: Bessemer Venture Partners hits a pause in India

An article by The Ken  quotes Venture Intelligence data on investments and exits by Bessemer Venture Partners in India: According to data shared by Venture Intelligence, BVP India earned 3.27 times the return on its investment in online marketplace Snapdeal in a secondary share sale to SoftBank in 2015. This was ahead of the drop in valuation of Snapdeal from its peak of $6.5 billion in 2016 to $850 million in 2017. BVP India’s other exits include TaxiForSure (which was sold to Ola) as well as companies like Matrimony.com and Shriram City Union Finance being publicly listed. BVP India has invested in 47 companies in India since 2004 when it set up an India office. It has exited 20 companies, through strategic sale and IPO.   According to data from research platform Venture Intelligence, the number of deals by BVP has shrunk from 10 in 2016 to six in 2017.  Interested in viewing in-depth data on investments, exits and return data on Bessemer Venture Partners...

Rob Chandra of Bessemer on E-Commerce Valuations

Forbes has a video interview with BVP Partner Rob Chandra in which he talks about Internet and e-commerce company valuations. He also talks about the impact created by Internet companies including Chennai, India-based Bharatmatrimony.com in which BVP invested recently. Click Here for the accompanying Forbes article. Venture Intelligence is the leading provider of data and analysis on private equity, venture capital and M&A deals in India. View free samples of Venture Intelligence newsletters and reports.

New Fund Alert: Bessemer Ventures to invest 25% of new $1.6 B fund in India

From the Press Release: Bessemer Venture Partners (BVP), a global investment firm, has announced the closing of Bessemer Venture Partners VIII. BVP VIII is a $1.6 billion venture capital fund that will sustain the firm’s focus on investing in and partnering with innovative, high-growth companies across multiple industries and geographies. Alongside existing BVP limited partners, Bessemer welcomed a select number of leading university endowments, corporations and family offices into BVP VIII as new LPs. “With BVP VIII, we continue our mission of finding and funding the highest growth startups, wherever they operate,” said BVP partner Ed Colloton. “And we have clearly benefited from an on-the-ground presence in a number of key markets to identify the most talented entrepreneurs. Bessemer is among the first venture capital firms to have built a truly global platform.” Bessemer, which actively invests in North America, India, Israel, Europe and Latin America, expects to invest roughly a...