Bessemer closes $350 million India-only fund to boost play
Bessemer Venture Partners has wrapped up a $350 million fund for Indian startups, planning $5-40 million cheques; the piece also notes recent closes by Accel India and Stellaris.
Company
Every published round Urban Company took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Urban Company has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for Urban Company, as distinct from the investments it has made.
Companies Urban Company has backed that another company then bought. An exit for the holding, not a deal Urban Company did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Urban Company is recorded as having been acquired. | ||||
Companies Urban Company acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Glamazon | Acquisition | 4 Mar 2020 | - | Startup Daily, Women's Agenda, SmartCompany |
Stories naming Urban Company. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Bessemer Venture Partners has wrapped up a $350 million fund for Indian startups, planning $5-40 million cheques; the piece also notes recent closes by Accel India and Stellaris.
Sydney gifting app Shouta has raised a $1 million seed round from entrepreneur angels including Aconex's Rob Phillpot and Carsales' Steve Kloss, to grow its team and expand its Shouta Biz workplace offering.
Also Startup Daily
On-demand beauty booking platform Glamazon has been acquired by India's Urban Company, with assets sold for an undisclosed sum; co-founder Lauren Silvers stays on while Lisa Maree departs.