Bessemer Venture Partners Welcomes Mayank Khanduja as Partner in India
Bessemer Venture Partners has made a significant addition by appointing Mayank Khanduja as Partner in its India practice, following his departure from Elevation Capital after a 15-year tenure. Khanduja will operate from Bessemer’s Bengaluru office, concentrating on early-stage investments in India and collaborating with founders from their initial institutional funding round onwards.
Khanduja brings a wealth of experience to the role, having dedicated 15 years to venture investing across various sectors, including consumer technology, gaming, healthcare, AI, and deep tech. During his time at Elevation Capital, he supported numerous startups, such as ShareChat, NoBroker, PlaySimple Games, Jeh Aerospace, MOC Cancer Care, Loop Health, Atlys, Seekho, General Autonomy, and PierSight. Prior to his position at Elevation, Khanduja was part of the McKinsey team.
Investment Focus and Strategy
Vishal Gupta, Partner at Bessemer Venture Partners, stated that Khanduja has spent 15 years collaborating with founders at the earliest stages, aiding them in building sustainable companies. His expertise in consumer tech and AI fortifies Bessemer’s early-stage investment approach in India.
Khanduja highlighted that Bessemer’s research-oriented strategy and strong track record create an excellent platform for partnering with founders from the earliest phases of their ventures.
Bessemer’s Investment Background in India
Bessemer has been actively investing in India for over 20 years. Its diverse portfolio features companies such as Medi Assist, Perfios, Swiggy, and Urban Company, among others. Recent investments include Sarvam, Boldfit, Vetic, Easebuzz, Inrisk, and Pluro.
In March 2025, Bessemer unveiled its second India fund, equipped with $350 million in capital, aiming to invest in sectors such as AI, fintech, enterprise technology, health, consumer products, and cybersecurity. Worldwide, the firm has recently raised $5.75 billion to fund investments ranging from seed to growth stages.