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Bessemer India Opportunities News

8.30.10 NetAmbit: Challenging Conventional Thinking (Economic Times)

7.27.10 NetAmbit to Hire 3,000 by March (MyDigitalFC)

6.9.10 INTERVIEW - Shriram EPC hopes to list Orient in 2010 (Reuters)

6.8.10 Ind-Barath Power Plans Rs 1,000 Cr. Public Issue (VCCircle.com)

5.23.10 Rethinking venture capital in India: Toll roads, anyone? (San Jose Mercury News)

4.19.10 Orient Green Power plans public issue to raise Rs 900 crore (iStockAnalyst.com)

3.30.10 IL&FS Transportation Lists At Premium (VCCircle.com)

3.15.10 IL&FS Transportation's IPO is Oversubscribed 33 Times (The Economic Times)

2.9.10 NetAmbit Gets Rs 50 Cr From Helion, Bessemer (VCCircle.com)

2.1.10 Bessemer Venture Partners Announces Three Promotions

1.14.10 OneAccess Buys Venture-backed BA Systems (VCCircle.com)

1.11.10 Bessemer Venture Partners Promotes Vishal Gupta as BVP India MD (vccircle.com)

1.11.10 Bessemer Venture Partners Promotes Vishal Gupta to Managing Director

12.29.09 IL&FS unit aims to raise 7 billion rupees through IPO (Economic Times)

11.26.09 Bessemer Picks Up 2.4% Stake in IL&FS Transportation Networks (vccircle.com)

11.20.09 Hospitality Revival Spurs PE Interest (The Economic Times)

11.11.09 PE Firms Increase Holding in Shriram City Union (vccircle.com)

10.28.09 Citi arm, Sequoia & Bessemer invest $100M in Ind-Barath (Economic Times)

9.14.09 Impact on NRIs A Year After Collapse of Lehman Brothers (Economic Times)

7.31.08 The Big B of Venture Capital in India (Indian Institute of Planning and Management)

India Practice Overview

India's vibrant economy offers huge potential in the growing demand for both domestic and export consumption. Just as BVP saw the long term opportunity when it entered Silicon Valley in the 1970s, we see a similar opportunity in India driven by the growth in innovation and middle class prosperity. Since 2004, Bessemer has invested in more than 24 companies and established a 14-person Mumbai-based team.

Bessemer's investment team makes a long-term commitment to the companies we back. We seek to partner with management teams, providing our knowledge and technical expertise along with a global platform to help our portfolio companies succeed in the international market. If you wish to contact BVP's India investment team, feel free to send an email to india@bvp.com.

For India office and contact information, click here.


Description

Given India’s rich landscape of investment opportunities, Bessemer uses our longstanding tradition of roadmaps, areas in which the investors develop deep sector expertise, to focus our efforts. Currently, the India investment practice concentrates on three roadmaps:

  • Agriculture: With the world’s second-largest population, India‘s agricultural land represents 9% of the world’s total. Unfortunately, production methods tend to be very inefficient, and yields for key crops significantly lag those in China and the United States. Technologies to increase the efficiency of the entire process from production through retail offer opportunities to revolutionize this critically important sector.

  • Consumer services: The growing Indian middle class seeks education, information, entertainment, medical care, and financial services such as banking and insurance. BVP assists talented business founders in growing their enterprises to meet these demands.

  • Power and infrastructure: India’s growth has dramatized the need to expand its sources of power and upgrade its infrastructure. Recent spikes in the price of oil have added urgency to the importance of finding non-oil-dependent power sources and improving the efficiency of the physical infrastructure from power transmission to freight handling.


Past Investments Current Portfolio
Investment Team
Rob Chandra Devesh Garg Vishal Gupta Sridar Iyengar Chitresh Modi
Rob
Chandra
Devesh
Garg
Vishal
Gupta
Sridar
Iyengar
Chitresh
Modi
Abhijeet Muzumdar Siddharth Nautiyal Anil Sarin Subramanya S.V.
Abhijeet
Muzumdar
Siddharth
Nautiyal
Anil
Sarin
Subramanya
S.V.

India's vibrant economy offers huge potential in the growing demand for both domestic and export consumption. Just as BVP saw the long term opportunity when it entered Silicon Valley in the 1970s, we saw a similar opportunity in India in 2004.

Anil Sarin is a Director with BVP India. Based in Mumbai, he joined the team in 2006. Named a Platinum Fund Manager in July by The Economic Times , Anil has more than a decade of public equity fund management experience. Most recently, he was the co-head of equities at Prudential ICICI Asset Management, India’s la

Applied Solar Technologies provides distributed solar energy technology and installation management services to enterprise customers throughout India.

Abhijeet Muzumdar is an Associate with BVP India. He joined the firm in 2009 and is based in the Mumbai (Bombay) office.

Chitresh Modi is an Analyst with BVP India. He joined the firm in 2008 and is based in the Mumbai office. Most recently, Chitresh was Area Head of Corporate Sales for ICICI’s Lombard General Insurance Company, where he managed a staff of five. His prior positions  at ICICI Lombard include Manager of Techno Marketin

Devesh Garg is a Managing Director of BVP India, based in Mumbai. He serves on the Board of Directors of  NetAmbit  and  Sunil Hitech  (BSE:SUNILHITEC.BO).He joined BVP’s Menlo Park office in 2003 as an Operating Partner advising and managing portfolio companies. With more than 20 years’ experience in high technolo

 ITNL is developing and building a pan India Surface Transport business by leveraging investment opportunities and also acquiring and managing projects.

Ind Barath Power Infra Private Ltd. is an infrastructure development company focused on establishing power projects that use a wide variety of fuels and serve a host of different customers across India.

 A financial services and brokerage company serving the needs of both institutional and retail investors in India.

Netambit provides outsources sales services across India in a number of business sectors.

Rob Chandra is a Partner in Bessemer's Menlo Park office. Since entering the venture capital industry in 1996, Rob has been involved with 22 early-stage investments that have gone public or been acquired by public companies. Three of Rob's portfolio companies went public during 2008. Rob is the founding partner of 

One of the leading players in the hospitality industry in India, Sarovar manages a diverse portfolio that includes hotels, resorts, restaurants, and corporate hospitality.

Siddharth Nautiyal is a Senior Associate with the BVP India team in the Mumbai (Bombay) office. He works on all aspects of sourcing, negotiating, and managing deals in that country. Prior to joining Bessemer in 2006, Siddharth spent five years with McKinsey & Co.'s Bombay office as an Engagement Manager. He foc

 A specialized engineering services company addressing the Indian infrastructure sector.

Shriram City Union Finance provides retail lending services to individuals and small businesses in India from a network of 633 outlets. 

 Subramanya (Subu) SV joined BVP India in 2007 as an Associate in the Mumbai office. He works primarily with Anil Sarin. In addition to a technology background, Subu brings investment banking and consulting experience to Bessemer. Most recently, he worked

Sunil HiTech is an India-based company that specializes in designing, building, testing and commissioning thermal power plants.

Vishal Gupta is a Managing Director with BVP India, based in the Mumbai (Bombay) office. He has been closely involved with the firm’s investments in Motilal Oswal Financial Services, Shriram EPC, Sunil Hitech Engineers, and Orient Green Power, among others. Vishal serves on the board of NetAmbit InfoSource and E-Servi