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Bessemer Venture Partners hires Cisco veteran Pankaj Mitra to lead India AI and cybersecurity investments

The appointment aims to accelerate deployment of a $350 million India fund into early-stage AI, enterprise technology, cybersecurity ventures.

Overview

  • Bessemer Venture Partners appointed Pankaj Mitra as a partner in its India team on June 4, 2025, to spearhead investments in artificial intelligence, enterprise technology and cybersecurity.
  • Mitra joins from Cisco, where he led M&A and investment efforts for the global customer experiences unit and India operations.
  • He brings over 25 years of corporate investing and product strategy experience with roles at Cisco, Infosys’s $500 million innovation fund, VMware and Deloitte.
  • The hire aligns with Bessemer’s plan to channel capital from its $350 million India-focused fund into early-stage technology ventures.
  • Bessemer has backed Indian startups for more than two decades, including Swiggy, Urban Company and Perfios, and manages over $18 billion in assets globally.