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“About 95% of our conversations are with early-stage founders, but that’s because these are very early days of the disruption of the market,” Nithin Kaimal, partner and chief operating officer at Bessemer Venture Partners India, told Mint.
Bessemer evaluates 20-30 companies working in the AI for information technology (IT) services sector every week. The firm is comfortable offering up anything between $3 and $6 million, according to Kaimal. “This is enough for them to get things off the ground and…
