Bessemer Venture Partners Appoints Pankaj Mitra as Partner
Bangalore: Bessemer Venture Partners has announced the appointment of Pankaj Mitra as Partner in its India practice. Pankaj, a tech industry veteran with over 25 years of experience, will focus on investments in AI, enterprise-tech, and cybersecurity.
Pankaj’s Background
Pankaj joins Bessemer from Cisco’s corporate development team, where he led investments and M&A activity for its global Customer Experiences portfolio and India. He has also worked at Infosys and VMware, and was a management consultant at Deloitte. Pankaj is an IIT Kharagpur alumnus and holds an MBA from UC Berkeley Haas School of Business.
Investment Focus
Pankaj will focus on investments in AI, enterprise-tech, and cybersecurity, leveraging his experience and expertise to identify promising startups. He has previously invested in companies like Fiddler, Uniphore, and Whatfix.
Quote from Vishal Gupta
Vishal Gupta, Partner at Bessemer Venture Partners, said, “We are delighted to welcome Pankaj to the Bessemer family. Pankaj brings a breadth of experience that is a unique blend of investing prowess as well as deep industry knowledge.”
Quote from Pankaj Mitra
Pankaj said, “I am thrilled to join Bessemer at this pivotal time. The ongoing AI platform shift offers a once-in-a-generation opportunity for builders to usher in the next wave of tech evolution across industries.”
Bessemer’s Presence in India
Bessemer has been active in India for two decades, with legacy investments in companies like Mediassist, Perfios, Swiggy, and Urban Company. The firm recently announced its second India fund with $350 million of capital, focusing on AI, fintech, enterprise-tech, digital health, consumer, and cybersecurity.