Bessemer Venture Partners, an early backer of Swiggy , has raised $350 million for an India-focused fund to invest in AI-enabled businesses, fintechs and direct-to-consumer brands among others, the company said in a statement on Wednesday.

The new fund underscores Bessemer's long-standing presence in India, where it has been investing since 2006, and aims to support emerging companies from their early stages through subsequent growth ph

Kristin McDonald, a newly promoted partner at Eniac Ventures, is investing in vertical-specific AI startups that can revolutionize entire industries.

The fund will target startups in AI-enabled services, SaaS, fintech, digital health, consumer brands, and cybersecurity.

Prime Venture Partners has launched a $100 million venture capital fund to invest in early-stage Indian startups, focusing on fintech, AI/deeptech, gl