New Delhi, March 13 -- Bessemer Venture Partners has raised $350 million for its second dedicated India fund, reaffirming its commitment to supporting India's thriving startup ecosystem. Here's a breakdown of what the new fund means for entrepreneurs:

AI, SaaS, Fintech, and More: The fund will target early-stage investments across industries like AI-enabled services, SaaS, fintech, digital health, consumer products, and cybersecurity.

Supporting Growth: While focused on early-stage startups, Bessemer will also back companies through subsequent growth stages to scale effectively.

Bessemer's presence in India dates back nearly 20 years, during which time the firm has invested in over 80 startups. With this new fund, the firm reaffirms it...