Bessemer adds to India team

Devesh Garg joins the venture capital firm which recently raised $350 million in India-focused funding.

Venture capital firm Bessemer Venture Partners has appointed Devesh Garg managing director for India, to be based in Mumbai. Garg has been with Bessemer since 2003 as an operating partner and was most recently CEO of Bessemer-funded semiconductor start-up Tilera.

Garg joins five other Bessemer partners with a focus on investing in India. These include Anil Sarin who was the co-head of equities at Prudential ICICI Asset Management Sridar Iyengar who was chairman and CEO of KPMG India and Yagnesh...

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